The Black Hawk Safety Net disseminated hacking tools and Trojans to its members, said Xinhua. The group had collected seven million yuan ($1,000,000) in membership fees from 12,000 subscribers by the time it was shut down. The group had an additional 170,000 members who had joined for free, said Xinhua.
As well as the arrests, the police also seized nine servers, five computers, a Honda Accord and 1.7 million yuan in assets.
For more on this story, read China breaks up Black Hawk hacking ring on ZDNet UK.
