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4,000 Chinese arrested for economic crimes

BEIJING: Around 4,000 people have been arrested in a nationwide crackdown against economic crimes in China, an official said Tuesday. Liu Jinguo, vice minister for public security, said

Published: 13th March 2012 10:54 PM  |   Last Updated: 16th May 2012 06:34 PM   |  A+A-

BEIJING: Around 4,000 people have been arrested in a nationwide crackdown against economic crimes in China, an official said Tuesday.

Liu Jinguo, vice minister for public security, said officials busted 7,000 economic crime cases over a 12-day period, Xinhua reported.

The cases were related to counterfeit invoices, money, credit cards and other products.

Economic crimes including fraud, bribery and embezzlement carry the death penalty in China.


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