Tag: wire fraud

A woman uses her smartphone in Beijing on November 11, 2017. China's smartphone masses splurged billions of dollars in an e-commerce bonanza on November 11 as consumers rushed to snap up bargains on 'Double 11', billed as the world's biggest one-day online shopping festival. / AFP PHOTO / FRED DUFOUR (Photo credit should read FRED DUFOUR/AFP/Getty Images)

Chinese Court Convicts 85 for Phone Scams, over Half of Them Taiwanese

A court in Beijing handed down 85 lengthy prison sentences for telephone fraud on Thursday. 44 of the defendants hail from Taiwan, including the two who received the harshest 15-year sentences. The cases are part of a massive wave of telephone scams sweeping China, with tens of millions of dollars stolen.