Chinese Bankers Find Solution To Fraud Is The Price Of A Bullet

Here's one way to cut back on corporate fraud China has just executed four people, including employees of two of its Big Four state owned banks, for fraud totalling $15 million, according to Reuters, citing the state Xinhua news agency.

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Here’s one way to cut back on corporate fraud – China has just executed four people, including employees of two of its Big Four state-owned banks, for fraud totalling $15 million, according to Reuters, citing the state Xinhua news agency. Shen Deyong, vice-president of the Supreme People’s Court, said that financial crimes are a serious threat to the security, efficiency and stability of the nation’s finances, according to the report.

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