Shanghai telecom and online fraud declines

Updated 2017-12-15 10:37:12 Global Times

Shanghai Public Security has released the results of its crackdown on telecommunications and online fraud, Laodong Daily reported Wednesday.

Statistics show that, as of November, the number of fraud cases received by authorities decreased 20 percent year-on-year, while the amount of money involved decreased 5.5 percent. A total 149 million yuan (.52 million) in potential losses was saved.

According to an officer with the authority, Shanghai Telecommunications and Online Fraud Squad makes 600 to 800 calls every day to alert residents that they might be being swindled.

Telecom and online fraud gangs must continuously upgrade their tricks to stay ahead of authorities. But some lax online service providers facilitate fraud by not upgrading their security technology.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58December 15 2018 14:21:01

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16December 15 2018 14:21:01

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18December 15 2018 14:21:01

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords