A gang of international con artists, including a man from Shaanxi Province, were arrested by Macao police last week after allegedly swindling two local businessmen.

The group were arrested at a bank in Macao as they tried to transfer a large sum of money overseas, including more than 8 million Macao patacas.

The two Macao businessmen thought they had sealed a profitable deal with a big foreign trading company that was doing well in China.

The 35-year-old Shaanxi man, Xu, allegedly told his victims he represented a major Chinese bank looking for partners for an investment project worth US$1 billion.

Macao Daily News