Loading...
Market
What will be the name of China's next major crackdown operation similar to 'Fox Hunt' by the end of 2024?
2
Resolution / Starting Odds
Operation Tiger Hunt • 25%
Operation Dragon Catch • 25%
Operation Eagle Eye • 25%
Other • 25%
Official announcements from China's Ministry of Public Security or Chinese media reports
Story
China's Fox Hunt Extradites Zhang in $14 Billion Pyramid Scheme
Aug 22, 2024, 05:13 PM
China's Ministry of Public Security announced the extradition of a Chinese national, surnamed Zhang, from Thailand. Zhang is suspected of organizing and leading a pyramid scheme involving more than 100 billion yuan ($14 billion). This marks the first financial criminal suspect extradited to China from Thailand. The extradition was part of a broader crackdown on cross-border economic crimes, including a joint operation with Myanmar that led to the transfer of 307 Chinese nationals suspected of telecom and internet fraud back to China. The extradition was conducted by the "Fox Hunt" working group and took place on Tuesday. Zhang's scheme was associated with the MBI Group.
View original story
Similar markets
Criminal charges filed • 25%
No charges filed • 25%
Investigation ongoing • 25%
Other outcome • 25%
Yes • 50%
No • 50%
Expansion of investigations • 25%
New anti-corruption policies • 25%
Major reshuffle in military leadership • 25%
No significant action • 25%
0 • 25%
1-5 • 25%
6-10 • 25%
More than 10 • 25%
Yes • 50%
No • 50%
PLA Navy • 25%
PLA Air Force • 25%
PLA Ground Forces • 25%
Other • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Lift Bitcoin ban • 25%
Stricter regulations • 25%
No changes • 25%
Other • 25%
Increased security measures • 25%
Public apology • 25%
No significant action • 25%
Other actions • 25%