Chinese man sets up fake Olympics website

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A man who cloned the official Beijing Olympics website and made around $US50,000 from fake prize draws has been arrested.

Liao Peigui, a 20-year-old computer engineer in Danzhou city, Hainan province, persuaded his victims to transfer 10-20 per cent of the value of their "prize" into his bank account.

His copy of the official website www.beijing2008.cn, which gets more than one million visits a day, netted Liao a suspected 400,000 yuan ($56,077), the Xinhua agency said.

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