Although the suspects tried to escape detection, the statement said, using mobile phone numbers registered in Shenzhen, Guangdong province, and communicating with their agents through online messaging services registered in Hong Kong, police learned they were staying in an apartment in Pudong.
Several of the suspects were caught on March 2, when police raided the apartment, the statement said, and some others were later detained in Luoyang and Shanghai.
Zhang Hui, head of the Luoyang public security bureau's economic investigation team handling the case, said that the investigation continues and more arrests will be made across China.
Questions:
1. How much money is expected to be tied up in the illegal gold-futures trading case?
2. How many people have been rounded up by police in this case?
3. How many investors are thought to be involved?
Answers
1. At least 380 billion yuan.
2. 33 people.
3. More than 5,000.
About the broadcaster:
Rosie Tuck is a copy editor at the China Daily website. She was born in New Zealand and graduated from Auckland University of Technology with a Bachelor of Communications studies majoring in journalism and television. In New Zealand she was working as a junior reporter for the New Zealand state broadcaster TVNZ. She is in Beijing on an Asia New Zealand Foundation grant, working as a journalist in the English news department at the China Daily website.
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