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Chinese prosecutors approve arrest of 9 pyramid scheme suspects

10 August 2017 No Comment

Xinhua report Aug 10, 2017
Prosecutors in north China’s Tianjin Municipality have approved the arrest of nine suspects involved in a pyramid scheme, the Supreme People’s Procuratorate (SPP) said Wednesday.

The nine, suspected of organizing and leading a pyramid scheme, belong to a group called “Diebeilei.” Since September 2016, the suspects have recruited nearly 400 members in Tianjin’s Jinghai District, the SPP said in a statement.

Nearly 4.9 million yuan (about 730,000 US dollars) was involved in the case.

The suspects, aged between 20 and 30, recruited members under the pretext of job interviews or online dating through social networks such as QQ and WeChat, prosecutors said.http://www.globaltimes.cn/content/1060602.shtml

Former Tianjin mayor stands trial for graft
Xinhua report Aug 9, 2017 at 21:32:45
Huang Xingguo, former acting Party chief and mayor of Tianjin Municipality, stood trial Wednesday for accepting bribes.

Prosecutors accused Huang of taking advantage of his positions in Zhejiang Province and Tianjin to secure land for construction and promotions for others between 1994 and 2016.

He was alleged to have accepted money and valuables worth more than 40 million yuan (6 million US dollars) either personally or through “related persons.”

The case was heard by the Intermediate People’s Court of Shijiazhuang City, Hebei Province, north China.

Huang confessed during the trial, according to the court. The verdict will be announced at another date.

The discipline inspection agency of the Communist Party of China (CPC)announced in January that Huang had been expelled from the CPC and dismissed from public office following a corruption investigation.http://www.globaltimes.cn/content/1060499.shtml

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