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View Full Version : Bank acceptance bills, newspapers and fraud in China - FT Alphaville (registration)



FraudNews
03-07-2016, 01:10 PM
http://www.fraud-news.com//t3.gstatic.com/images?q=tbn:ANd9GcQ163lOH2OsWyfZnqOa-We48BH0Ztulj2gtyQG6oed47QBHUIygciqnt1FWEVJhSkX0IMw 8Mis
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Bank acceptance bills, newspapers and fraud in China (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEb-kcMS5hShv04NNIAEyRVh7sdMw&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=6YvdVqHdFZW83gGlnoGYDQ&url=http://ftalphaville.ft.com/?p%3D2155437)
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We could also have plumped for Citic's recent $147m bill financing fraud but that's all fake documents and multiple sales of the same underlying bill so it just doesn't entice the eye as much. That “alleged fraud was perpetrated by a bill financing ...

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