Man tricked into turning over 17 million yuan

A State-owned enterprise's financial department manager named Huang in Wuhan was recently arrested on suspicion of turning over, without authorization, 17 million yuan ($2.74 million) in company funds to a group of swindlers who tricked him over the phone, Yangcheng Evening News reported. The swindlers talked him into believing he was involved in a drug-related investigation, and Huang sent them the money in 17 transfers, 1 million yuan at a time.

Watch for cheats'

The disciplinary watchdog in Guangdong province is warning local officials to be wary of cheats posing as graftbusters.

"Officials should immediately seek police help and report such frauds to disciplinary watchdogs," said a statement released on the Guangdong Party commission of discipline inspection website on Wednesday.

The statement follows several cases in recent months in which officials were defrauded.

Hubei suspect detained for pension swindle

Police in Huangshi, Hubei province, detained a man who allegedly set up a fake social security office and swindled some 20 million yuan ($3.26 million) from 611 people who were seeking retirement pensions, Chutian Times reported in Nov 2013.