Woman and three others accused of targeting elderly and newly rich. Police tracked her to Myanmar after a social media message.
A Chinese woman accused of running a lucrative swindle who fled to Myanmar was arrested last month after giving away her location on a live-streaming platform, police in southeastern China said.
Under the names of shell companies that included a wine business and a wealth management house, Zhang promised her targets interest of between 1.3% and 2% on their investment, but none of her entities operated legally, police said. Last October, the companies were reported to the authorities in Guizhou for illegal fundraising, by which time she had fled.
According to police, Zhang laughed into a camera while live-streaming on the social media platform Tik Tok, and said: “Hello babies, I heard that the whole world is looking for me. I’m here!” Officers recognised the background on her video as Myanmar. With the help of Myanmar police, Zhang was arrested in a casino in April and returned to China to face trial.
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