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China gets tough on invoice frauds, 750 nabbed

(Xinhua)
Updated: 2009-04-28 14:39

BEIJING -- Chinese police confiscated 11.93 million fake invoices and arrested 750 suspects in a nationwide crackdown launched in January, according to the Ministry of Public Security.

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The ministry said on its website Monday that its local divisions had investigated 461 cases involving fake invoices and broken up 91 sites where such receipts were made.

Fake invoice vendors are common in Chinese cities, where they offer receipts used for tax purposes.

The ministry also said that police had pursued 176 cases of using fake invoices for tax evasion and arrested 135 suspects. The cases involved 336 million yuan (about US$50 million).