BEIJING: A man from southern China has been jailed after he stole 13mil yuan (RM9mil) from a video website and spent nearly a third of it tipping hostesses live-streaming programmes on the internet, Chinese media reported. The man from Qianxi county in Guizhou province took advantage of a bug in the payment system to claim huge numbers of refunds from the video website Youku Tudou he was not entitled to, the news website Thepaper.cn reported. The 21-year-old ran an online software store and pleaded guilty to theft at a hearing in Beijing, according to the article. The man, who was only identified by his surname Hu, spent four million yuan of the money he took tipping hostess on live-streaming sites. He took advantage of the bug in the payment system between November 2015 to April 2016, making more than 100,000 fraudulent transactions, the report said.

Source: The Star May 30, 2017 04:41 UTC