A fugitive on a list of China's 10 most-wanted telecom and Internet fraud suspects has been seized by police, said the Ministry of Public Security.

Liao Naijian, 33, is accused of conspiring with others to defraud 12.5 million yuan ($1.9 million) from a corporate accountant in Jiangsu province by impersonating the head of the company on an instant messenger app in September 2015.

The following day, Nanjing police, acting on tip-off, froze most of the money and seized two suspects, but Liao had fled.

The ministry published the top 10 wanted list on April 10, offering groups or individuals 50,000 yuan ($7,475) for information leading to the arrest of each suspect. Liao is the seventh suspect caught by police, according to the ministry.

On July 10, police caught Liao in Laibin, Guangxi Zhuang Autonomous Region. He is now in custody, pending further investigation.

(Xinhua News Agency July 12, 2016)