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Three in soccer gambling scam
THREE people have been prosecuted in Hunan Province for setting up a soccer gambling business during the World Cup competition in South Africa last year in a case involving more than 8.6 million yuan (US$1.35 million), China News Service reported yesterday.
A man surnamed Shu from Zhejiang Province developed a gambling website to take advantage of the event, believing he would make money quickly. He took on two associates, surnamed Shao and Zhang, both from Hunan.
A friend, who is still on the run, established an account at a soccer gambling website with a server outside the Chinese mainland and Shu invested 500,000 yuan, prosecutors said.
During the World Cup, Shu rented a hotel room in Hunan as a base for the gambling business. The three never met the gamblers in person, but accepted bets by telephone. Each stake ranged from 1,000 yuan to 100,000 yuan, the court said.
More than 20 gamblers, all of them company owners, made use of the scheme, according to the court.
But before the World Cup had ended, police caught Shu and his two companions in the hotel room and seized computers, bank cards, cell phones and 320,000 yuan in cash.
The court said Shu made more than 5 million yuan from the gambling, while the other two made nearly 3 million yuan. All three have surrendered their profits to police.
A man surnamed Shu from Zhejiang Province developed a gambling website to take advantage of the event, believing he would make money quickly. He took on two associates, surnamed Shao and Zhang, both from Hunan.
A friend, who is still on the run, established an account at a soccer gambling website with a server outside the Chinese mainland and Shu invested 500,000 yuan, prosecutors said.
During the World Cup, Shu rented a hotel room in Hunan as a base for the gambling business. The three never met the gamblers in person, but accepted bets by telephone. Each stake ranged from 1,000 yuan to 100,000 yuan, the court said.
More than 20 gamblers, all of them company owners, made use of the scheme, according to the court.
But before the World Cup had ended, police caught Shu and his two companions in the hotel room and seized computers, bank cards, cell phones and 320,000 yuan in cash.
The court said Shu made more than 5 million yuan from the gambling, while the other two made nearly 3 million yuan. All three have surrendered their profits to police.
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