Major Football Betting Ring Busted in China

Thursday May 23,2013 : MAJOR ONLINE FOOTBALL BETTING RING BUSTED IN CHINA
 
157 arrested and millions of US dollars seized in Guangzhou investigation
 
Police in the Guangdong provincial capital in China have detained 157 suspects and seized computers, credit cards and 132 million yuan which is $21.29 million usa  in bank accounts following an extensive, year-long investigation into illegal football gambling activity in the Pearl River delta region, reports the China Daily newspaper.
 
A police spokesman claimed: “This is the largest illegal soccer betting gang busted in the mainland so far, and the crackdown has helped consolidate Guangdong’s great achievements in fighting underground soccer gambling."
 
The gang is alleged to have placed bets worth more than 100 billion yuan on international and national football matches, the police said.