Chinese police have detained 40 suspects in connection with a telecom fraud case worth 43 million yuan, officials said.
The case was registered after a citizen surnamed Hu reported to police in November 2017 that he was cheated of 4.60 lakh yuan in a suspected telecom fraud.
Investigations showed that a fraud ring had set up foreign currency trading software to encourage members of the public to open accounts and make transactions through fake trading systems, state-run Xinhua news agency reported today.
On February 1, Xinjiang police went to Xi'an in the northwest province of Shaanxi, where they believed the fraud ring was based and caught 199 suspects within a week.
Police froze their accounts and issued a warrant for the ringleader surnamed Liu at the same time. Liu turned himself in on February 20, police said.
There are more than 450 victims in the case.
Xinjiang reeled under violence for years following unrest among Uygurs over the mass migration of Hans from other parts of China.
China blamed the separatist East Turkistan Islamic Movement for the violent attacks in the province.
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