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Saudi Arabia warns citizens of online financial scam adverts

It stressed the need to be cautious and to remain beware of falling into investment risks, signing up to, or dealing with suspicious websites

China police arrest 21 over $7.6 bn online financial scam

SHANGHAI: Chinese police have arrested 21 people involved in the operation of peer-to-peer (P2P) lender Ezubao, the official Xinhua news agency said on Monday, over an online scam it said took in some 50 billion yuan ($7.6 billion) from about 900,000 investors.

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