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View Full Version : China fines 12 banks over illegal bill trading, fraud - The Straits Times



FraudNews
01-27-2018, 08:00 PM
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The Straits Times (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNGMiPU0HwXmfYX4r_NS0mK3ewnDbw&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779781335540&ei=UehsWsj_IcSC3gHywLKACQ&url=http://www.straitstimes.com/asia/east-asia/china-fines-12-banks-over-illegal-bill-trading-fraud)


China fines 12 banks over illegal bill trading, fraud (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNGMiPU0HwXmfYX4r_NS0mK3ewnDbw&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779781335540&ei=UehsWsj_IcSC3gHywLKACQ&url=http://www.straitstimes.com/asia/east-asia/china-fines-12-banks-over-illegal-bill-trading-fraud)
The Straits Times
BEIJING (REUTERS) - China's banking regulator said on Saturday (Jan 27) that it had fined 12 Chinese lenders after uncovering illegal trading of 7.9 billion yuan (S$1.64 billion) of bank bills. The fraud has "severally disrupted market order", and ...

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