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Lu Wen, deputy director of the Nanning public security bureau told the paper that the scam was unheard of in China due to its number of victims.
FORBES: Chinese Investment Pyramid Scheme Busted
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With the local offices of the Communist party and the public security bureau China's police unoccupied, the atmosphere over the weekend was almost giddy.
WSJ: Chinese Village Plans More Protests
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The merger is being investigated by the DOJ, the Federal Bureau of Investigation and the Department of Homeland Security for any potential impact on national security, public safety or law enforcement concerns.
FORBES: Sprint's Earnings Will Be Eagerly Watched For Softbank Merger Updates
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The merger is being investigated by the DOJ, the Federal Bureau of Investigation and the Department of Homeland Security, for any potential impact on national security, public safety or law enforcement.
FORBES: Could Sprint's Quest For Spectrum Lead To A Dish Compromise?
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Jamie Barnett, who retired as chief of the FCC's Public Safety and Homeland Security Bureau earlier this year, questioned whether market forces are sufficient to push carriers to make their networks more reliable, given that ensuring better service in emergencies could end up costing consumers more.
WSJ: Outages Expose Wireless Carriers' Backup Plans