InfoAnda - Chinese police arrest 36 in Alibaba.com fraud sting |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Muslim minority riots erupt in China's west | 6 July 2009
US scientists create cloth that can listen | 13 July 2010
Yemen attacks northern rebels, vows iron fist | International | | 12 August 2009

"Twilight" co-stars begin tough contract talks | 14 May 2010

Forum Views () Forum Replies ()

Read more with google mobile : Chinese police arrest 36 in Alibaba.com fraud sting |

Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Venezuela's Chavez says he was treated for cancer | 2:26am EDT Casey Anthony will not testify in murder trial 30 Jun 2011 Nearsightedness linked to serious eye disease 30 Jun 2011 Case against Strauss-Kahn near collapse: sources 2:56am EDT White House snubs McConnell invitation to Obama 30 Jun 2011 Discussed 99 Top Republicans insist no taxes in debt deal 85 White House snubs McConnell invitation to Obama 75 U.S. cost of war at least $3.7 trillion and counting Watched A Tokyo-Paris flight in under three hours on the horizon Fri, Jun 24 2011 Hefner's revenge; Ryan Reynolds stops traffic Fri, Jun 17 2011 Justin Wolfers on America's lost decade Thu, Jun 30 2011 Chinese police arrest 36 in Alibaba.com fraud sting Tweet Share this Email Print Related News Special Report: A little house of secrets on the Great Plains Tue, Jun 28 2011 Analysis: Tencent in steep climb to be China's Facebook, Twitter Mon, Jun 27 2011 China accounting scandals put Big Four auditors on red alert Fri, Jun 24 2011 UPDATE 3-Yahoo chairman voices support for CEO Bartz Thu, Jun 23 2011 Yahoo, Alibaba, Softbank say making progress on Alipay Wed, Jun 22 2011 Analysis & Opinion Transcript of Carlos Ghosn interview Why the World Bank is hiring Lehman’s ex risk boss Related Topics Technology » Media » Two men chat beside a logo of Alibaba (China) Technology Co. Ltd at its headquarters on the outskirts of Hangzhou, Zhejiang province May 17, 2010. Credit: Reuters/Steven Shi SHANGHAI | Thu Jun 30, 2011 11:24pm EDT SHANGHAI (Reuters) - Chinese police have arrested 36 people in connection with operating fraud on Alibaba.com that prompted the resignations of the firm's top executives in February, the company said. The suspects were accused of running a criminal gang that used fake personal and business identities to open accounts on Alibaba.com, China's largest B2B e-commerce platform, and cheated overseas buyers of more than $6 million. Alibaba Group's founder Jack Ma wrote in an internal memo in February that about 100 Alibaba.com employees were involved in helping the suspects set up accounts in order to meet their sales numbers. The fraud scandal caused Alibaba.com, China's largest B2B e-commerce platform, to lose its chief executive and chief operating officer, who both stepped down in February after the fraud was uncovered to take responsibility for a "systemic breakdown." Police in the city of Hangzhou, southwest of Shanghai, carried out the investigation over a 40-day period and targeted online scammers who posed as legitimate suppliers on Alibaba.com's platform, Alibaba's news site Alizila said. Alibaba.com, a unit of Alibaba Group, which is 40 percent owned by Yahoo, said in the statement there were 1,219 fraud cases in 2009 and 1,107 in 2010, with the average value per less than $1,200. Jonathan Lu, once Taobao's chief executive is now the chief executive of Alibaba.com. (Reporting by Melanie Lee; Editing by Kazunori Takada) Technology Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Friday, 1 July 2011
Venezuelans scour video for Chavez health clues |
Analysis: U.S. overtures to Egypt Islamists show pragmatism |
Sudan grants U.N. limited access to tense border area |
Irish activists say Israel sabotaged flotilla vessel |
U.S. men’s volleyball has home court in World League matchup vs. Puerto Rico
Ivory Coast has urgent need to restore order: U.N. |
Researchers say new botnet TDL-4 poses big threat
Larry Mize set to defend title at Montreal Champonship
City council to consider urban deer hunts in Morgantown, West Virginia
Mike Woodson has second interview with Pistons
China opens world’s longest sea bridge
Blazers want Greg Oden to remain in Portland; extend $8M qualifying offer
Hamels hurts hand, Red Sox blanking Phils 3-0 in seventh
Oil and gas drilling surges despite increased oversight
Google stops invitations to new social network |
Pitbull earns first-ever #1 single on Billboard Hot 100 with 'Give Me Everything'
Facebook plans awesome launch next week: CEO |
Judge lets Wi-Fi case proceed against Google |
Court set to approve DBSD's $1.4 billion sale to Dish |
Tudors star Rhys Meyers hospitalized: report |
Comedian Colbert lampoons campaign finance laws |
MSNBC suspends analyst Halperin for Obama remark |
Venezuela's Chavez says he was treated for cancer |
French arms to Libya rebels expose tensions over war |
Failing to move Russia, EU and U.S. slam Syria at U.N. |
Women's World Cup: France bombards Canada, Germany edges Nigeria
Greece passes second austerity legislation
Roadside bomb kills 13 Afghan civilians |
Errors in electronic drug prescription match handwritten
No Basketball Association? League to lock out players as of midnight
Banged up, but Phils pitcher Cole Hamels will make next start
Courts Go Rough on Financial Firms That Contributed to Mortgage Collapses
International panel to probe uprising in Bahrain |
Samsung asks ITC to stop sale of Apple smartphones, tablets
Boston bashers: Phils lose game, but not Hamels; pitcher struck by drive is OK
Adam Scott, Hunter Haas share first round lead at AT&T National
New York Proposes Ban on Fracking Near Watershed and State Land
RIM agrees to study board changes; avoids vote |
Japan's Hoya to sell Pentax camera business to Ricoh |
Apple, RIM in group buying Nortel's patents for $4.5 billion |
Justin Timberlake: Stealth Silicon Valley angel? |
Chinese police arrest 36 in Alibaba.com fraud sting |
Thais face jail if they send campaign Tweets during poll |
Samsung Electronics creates component division as LCD struggles |
Tudors star Rhys Meyers hospitalized: report |
Voice coaches to return to welcome NBC TV hit |
Thaksin looms large as Thai parties make final campaign push |
Nine killed as Syrian protesters tell Assad to go |
Greek coastguard intercepts Gaza ship: activist |
Turnout key as Moroccans vote on king's reforms |
Opposition to Iran's rulers growing: Nobel laureate |
Cuba plans limited housing and auto market |
Cheyenne Woods keeps rolling at USGA women's public links
Africa's youth
Yemenis turn Friday prayers to political rallies |
Aguilera, other coaches sign on for second season of "The Voice"
Danish company restricts distribution of drug for U.S. executions
Minnesota state government shuts down over budget impasse
U.S. government sues former astronaut over lunar camera
Eritrean refugees battle for better life in Sudan
Making the water safer
High hopes
Panetta sworn-in as new Defense Secretary
BCS chief Bill Hancock, DOJ meet on bowl selection system
FTC reviewing Twitter: reports |
Cyber attacks outpace global response, U.S. warns |
Facebook crashes advertising industry party |
EU to reveal mobile roaming price cap plan |
Germany's kitchen robots learn to be more human |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01