Armed police officers stand guard as dozens of suspects are rounded up in Beihai on Wednesday morning. More than 1,200 people were arrested in coordinated raids on 300 properties in the coastal city in southwestern China. Photo: CNS

1,228 arrested in midnight raids as Chinese armed police seek to smash US$54 million pyramid scheme

Local government officials from southern city of Beihai join thousands of police officers in raids on 300 properties

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Armed police officers stand guard as dozens of suspects are rounded up in Beihai on Wednesday morning. More than 1,200 people were arrested in coordinated raids on 300 properties in the coastal city in southwestern China. Photo: CNS
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