Chinese police crack down on over 300 insurance fraud gangs

NAMPA / Xinhua

2025-01-03

BEIJING, Jan. 3 (Xinhua) -- Chinese police said on Friday that they dismantled over 300 criminal gangs involved in financial fraud during a seven-month campaign, effectively curbing the surge in insurance fraud. In more than 40 operations launched since April 2024, the police opened investigations into over 1,400 cases involving a total sum of over 1.5 billion yuan (around 209 million U.S. dollars), the Ministry of Public Security (MPS) said a......

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