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Chinese Citizens

Two suspects depriving Chinese citizens of Rs3mn arrested in Karachi

KARACHI: Two suspects who injured and mugged two Chinese citizens in Karachi last night have been arrested on Friday. DIG South Sharjeel Kharal said the same private security guards who were performing duty with the Chinese guys robbed them of Rs3 million and fled from the scene. Sharjeel Kharal said the culprits were arrested from Jamshoro toll plaza. He said the security guards had injured the Chinese citizens by stabbing with a dagger. The DIG South said the incident had raised concern over irregularities in…

US accuses Chinese citizens of hacking law firms, insider trading

NEW YORK: Three Chinese citizens have been criminally charged in the United States with trading on confidential corporate information obtained by hacking into networks and servers of law firms working on mergers, US prosecutors said on Tuesday. Iat Hong of Macau, Bo Zheng of Changsha, China, and Chin Hung of Macau were charged in an indictment filed in Manhattan federal court with conspiracy, insider trading, wire fraud and computer intrusion. Prosecutors said the men made more than $4 million by placing trades in at…