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China Executes 11 Members of Ming Family Syndicate Linked to $10B Telecom Fraud

China Executes 11 Members of Ming Family Syndicate Linked to $10B Telecom Fraud

Author:

Global Cryptocurrency

Published:

2026-01-30 02:05:01

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BTCCSquare news:

China's Supreme People's Court has executed 11 members of the Ming family crime ring following final approval of death sentences. The group operated large-scale telecom fraud and gambling networks from Myanmar, handling over 10 billion yuan ($1.4B). The Wenzhou Intermediate People's Court convicted them of intentional homicide, fraud, and illegal casino operations.

The executions conclude a years-long crackdown on cross-border financial crime syndicates. The Ming family's operations exemplify how organized crime has exploited jurisdictional gaps in Southeast Asia's border regions. Their Myanmar-based network targeted Chinese nationals through telecom scams and underground banking tied to regional gambling hubs.

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