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Police around China have busted 57 groups involved in providing personal information for telecom and internet fraudsters, arresting over 460 suspects, according to the Ministry of Public Security.
The groups sent fake advertisements online to individuals intending to apply for loans and tricked them into filling in their personal information, the ministry said Wednesday.
Using the illegal information, fraudsters targeted the loan applicants and cheated them into paying "commissions" and "deposits."
In one case that was recently cracked in east China's Jiangsu Province, illegal online groups gathered around 400,000 items of personal information from loan applicants and sold the information to fraudsters.
An official with the ministry said police will continue to crack down on such crimes, maintaining a high level of pressure. The public is also reminded to stay alert to such fraudulent activity.
