118 held in China for duping elderly people of $3 million with healthcare products | World News - Hindustan Times
close_game
close_game

118 held in China for duping elderly people of $3 million with healthcare products

Press Trust of India, Beijing | ByPress Trust of India
Sep 20, 2017 11:21 PM IST

The victims were persuaded using false advertising.

Over 100 people have been arrested in China for allegedly cheating senior citizens of about $3 million by selling healthcare products.

The police have solved 520 cases of seniors being targeted by the fraud ring.(File Photo)
The police have solved 520 cases of seniors being targeted by the fraud ring.(File Photo)

The 118 suspects were members of a fraud ring - masterminded by Changsha Yunyi Technology, a company based in Hunan Province - that organised health lectures and promised free prizes and vacations to earn the trust of the elderly, Wenzhou city police in eastern China’s Zhejiang Province said.

Hindustan Times - your fastest source for breaking news! Read now.

The victims were persuaded, with false advertising, to purchase costly healthcare products. The frauds also promised to return the cash.

When the victims paid the money, the suspects vanished, state run Xinhua news agency reported.

Police said that seniors usually have money and property, and were interested in products promising to improve their health, making them targets for fraud, it said.

Police have solved 520 cases of seniors being targeted by the fraud ring across the country. Further investigation is underway.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away! - Login Now!

Get Latest World News along with Latest News from India at Hindustan Times.
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Tuesday, March 19, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On