A fraud gang leader was sentenced to eight years in jail for swindling an Internet domain name owner out of more than 1.4 million yuan (US$212,572), the Hongkou District People’s Court said yesterday.
According to prosecutors, Wang received a call on November 1, 2013, from a man who claimed to be an Industry and Information Technology Ministry official.
Read MoreThe man told him that a domain name he had registered could be purchased by other people, and later transferred the call to an “assets and equity exchange” officer. The “officer” then recommended a company that could provide “cyber-squatting” services...
