Two Taiwanese suspects arrested by mainland police.

A Taiwan-born suspect who fled the island 16 years ago has been arrested by police in Zhuhai, Guangdong Province, China News reported on September 7.

The suspect, identified by his surname Guo, is accused of fraud involving RMB 36 million and has been on the Fujian Police Department’s wanted list since 1998, said the city’s Gongbei police at a press briefing on September 6.

Guo was also listed on China’s “Hunting Fox 2014”, a police operation that targets suspects of white collar crime on the run overseas. Guo was arrested on August 30 in one of the city’s residential areas. In addition, a Macau-born suspect hiding in China was also arrested on the same day in the city, the report said.

On the back of improved cross-strait relations, a 2009 extradition treaty signed between the Mainland and Taiwan has been extremely effective at helping coordinate police raids, extradite criminals, combat fraud, drug-smuggling and counterfeit currency, reported AFP. Since the signing of the agreement, nearly 6,000 suspects have been arrested, including the infamous Chang An-lo, also known as the “white tiger”, a gang leader who was extradited to Taiwan in 2013.

As a result of the treaty, Taiwan’s fraud cases have dropped 54.3 percent from 38,802 cases worth NT$10.27 billion in 2009 to 17,744 cases worth NT$3,77 billion last year, the news agency said.

photos: CRNTT.com

We told you yesterday about Zhou, a cadre of Nanlian Community in Longgang District, who’s accused online of illegally amassing around 2 billion RMB in assets. Now his accuser, Zhou Zujie, has been arrested for suspected false declarations of the registered capital for four companies.

Police said an investigation into Zhou Zujie’s alleged economic crimes began in May, when they received tip-offs from the public claiming that he had falsely reported the registered capital for the companies he set up in 2010. The companies were involved in urban afforestation, urban engineering, property management and cleaning, according to Shenzhen Daily.

Zhou Zujie is also accused to have fraudulently claimed property demolition compensation of more than three million yuan in Guangdong in 2007.

Police said a recent investigation proved that the registered capital for Zhou Zujie’s companies is indeed far less than declared, which finally led to his arrest.

Initially, Zhou Weisi, who has been suspended, said he welcomed the investigation and asserted that he was the target of defamation. At this moment, he is at least not the only person whose reputation is under threat.