Arab Today, arab today alibaba says china police arrest 36 in fraud probe
Last Updated : GMT 04:30:43
Arab Today, arab today
Arab Today, arab today

Alibaba says China police arrest 36 in fraud probe

Arab Today, arab today

Arab Today, arab today Alibaba says China police arrest 36 in fraud probe

Beijing - AFP

Police have arrested 36 people in southeast China following an investigation into fraud on e-commerce site Alibaba.com and other websites that duped buyers out of more than $6 million. Alizila.com, Alibaba\'s corporate news website, reported earlier this week the suspects were detained in Fujian province\'s Putian city in April. John Spelich, the firm\'s spokesman, confirmed the report to AFP on Saturday. The people arrested allegedly operated a criminal gang that used fake IDs to open more than 100 \"Gold Supplier\" accounts on Alibaba.com. This designation is given to those certified as highly trusted suppliers by the firm. This allowed the suspects to pose as legitimate companies selling to overseas businesses that source goods through Alibaba.com. Police said the alleged scammers also used other international trading websites. Alibaba.com, based in the eastern city of Hangzhou, has grown into one of China\'s largest Internet companies by matching mainland manufacturers and wholesalers with buyers around the world. But its reputation took a hit in February when the firm announced the resignation of chief executive David Wei and head of operations Elvis Lee after fraud was uncovered on the site. Wei and Lee were not involved in the scams but resigned because they took responsibility for \"systemic breakdowns\" that allowed the fraud to happen, Alibaba said at the time. But according to the Alizila report, the fraud was \"sometimes abetted by Alibaba.com employees.\" But Spelich said Saturday none of the 36 arrested worked at the company. He added the number of fraud complaints received by the website in June was down 70 percent from February after Alibaba toughened procedures and other security measures. The report said Alibaba had refunded $1.9 million to those who lost their money to the alleged scammers.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today alibaba says china police arrest 36 in fraud probe Arab Today, arab today alibaba says china police arrest 36 in fraud probe

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today alibaba says china police arrest 36 in fraud probe Arab Today, arab today alibaba says china police arrest 36 in fraud probe

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday