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Police in southern China have arrested a man for running a phony Beijing 2008 Olympics Web site that bilked fans by running bogus contests.

Computer engineer Liao Peigui made as much as $53,191 from people he persuaded had won contest prizes, the official Xinhua News Agency reported on Sept. 30. “Winners” were asked to first transfer a deposit of 10 percent to 20 percent of the promised prize money into a bank account owned by the 20-year-old Liao, the report said.

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