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Man nabbed for stealing 13.9m yuan from bureau account
By Zhang Xuanchen |
March 8, 2011, Tuesday
|
Online Edition
Online Edition
POLICE in Jiangxi Province have arrested a fugitive who allegedly stole 13.9 million yuan (US$2.12) from the bank account of a government bureau after he stole its official seal to make bank transfers.
Police retrieved a quarter of the money belonging to Jingdezhen Land Resources Bureau after they arrested the suspect surnamed Xiong, who carried a bag containing some 200,000 yuan in cash, in front of an ATM machine in Shaoxing, Zhejiang Province on March 4, China News Service reported yesterday.
The man in his 40s told police he copied a door key in the care of his wife, who was a cashier in the bureau. His wife once told him that the bureau "had no plan to use the money recently." Using the copied key, Xiong entered the office last August and stole a seal to authorize bank transfer.
He allegedly transferred all the money in about 10 times to his account for investment in stocks, futures and gold.
Xiong said he planed to return the money after he makes a big fortune and pays off his debts.
When his wife told him the bureau was about to use the money in February, Xiong decided to run away. The bureau reported the theft to police who put Xiong on the wanted list on March 2, the report said.
Police retrieved a quarter of the money belonging to Jingdezhen Land Resources Bureau after they arrested the suspect surnamed Xiong, who carried a bag containing some 200,000 yuan in cash, in front of an ATM machine in Shaoxing, Zhejiang Province on March 4, China News Service reported yesterday.
The man in his 40s told police he copied a door key in the care of his wife, who was a cashier in the bureau. His wife once told him that the bureau "had no plan to use the money recently." Using the copied key, Xiong entered the office last August and stole a seal to authorize bank transfer.
He allegedly transferred all the money in about 10 times to his account for investment in stocks, futures and gold.
Xiong said he planed to return the money after he makes a big fortune and pays off his debts.
When his wife told him the bureau was about to use the money in February, Xiong decided to run away. The bureau reported the theft to police who put Xiong on the wanted list on March 2, the report said.
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