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A 23-year-old college student, who was allegedly behind the 770,000 Yuan online theft from a major Chinese bank, was trapped by the police after being on the run for eight months, a report said on Friday.
Police in Guiyang, capital of southwest China's Guizhou Province, arrested Song Chenglin from northeast China's Harbin city.
He is accused of stealing 770,000 Yuan ($ 93,000) by hacking into the Industrial and Commercial Bank of China, one of the four public sector banks.
Song was caught on September 20 and handed over to the police in Harbin, capital of northeast China's Heilongjiang Province, two days later.
At the beginning of this year, Song opened an account at the ICBC with a forged identity card.
On January 7, he accessed the computer system of the ICBC's online arm from an Internet cafe in Harbin, and hacked 158 accounts.
He immediately told about this to his roommate Lu Guoxing and together the pair transferred 770,000 Yuan to Song's new account.
Song then got two other classmates, who may have once financially helped Song, involved.
The next day, the four went to 10 branches of the ICBC separately and withdrew 530,000 Yuan ($ 63,900).
Police in Guiyang, capital of southwest China's Guizhou Province, arrested Song Chenglin from northeast China's Harbin city.