China detains Bitcoin fraud suspects

“Chinese police have detained three people who allegedly operated an online Bitcoin trading platform, shut it down unexpectedly, and vanished with investors’ assets.  An investor surnamed Qiao lost 90,000 yuan (14,669 U.S. dollars) and reported the case to Dongyang police, who started an investigation immediately.  Three suspects were caught in mid-November in southwest China’s Guizhou Province, east China’s Anhui Province and south China’s Shenzhen City.  The other two suspects are a 24-year-old man surnamed Jin, who was in charge of the platform’s daily operations, and a 33-year-old man surnamed Huang, who was responsible for financial management.”

http://www.shanghaidaily.com/article/article_xinhua.aspx?id=184636

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