A suspect surnamed Hu and his girlfriend were caught at a parking lot.
Three males born in the post-90s swindled almost 10 million yuan from antique collectors within 11 months by posing as workers at an auction house in Shanghai, NetEase reports.
Chengdu police eventually flew in to Shanghai to bust the swindling gang comprised of 25 people. Officers confiscated 2 million yuan in illicit money and seized three stolen cars and a house that was purchased with embezzled money.
The picture found on one of the suspect’s phone shows him counting stacks of illicit money.
The police spent over a month investigating and busting the ring, which spread across 30 cities and provinces in China.
Yin Hui (alias) from Chengdu, Sichuan province was one of the antique collectors cheated by the criminal gang. She received a phone call from someone claiming to work at an auction house in Shanghai.
“Hello, Mrs Yin. I’m calling from an auction house in Shanghai. We learned that you’ve collected some good antiques. I’m wondering if you plan to sell them,” said the swindler.
Mrs. Yin told reporters that she had recently purchased some antiques on TV.
Mrs. Yin was asked to provide her antique codes so that they could help her fetch better prices for her collections that were priced from dozens of yuan to hundreds of yuan.
They required Mrs. Yin to hand over all sorts of fees for their services. Within only four months, she’d given them over 180,000 yuan.
The police said the tricks that the gang of swindlers used were rather original and widely spread.
By Lucy Liu
[Images via NetEase]