PDA

View Full Version : Report: Steel Trader Fraud Hurting Chinese Banks - Wall Street Journal (blog)



FraudNews
10-30-2012, 09:46 AM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGY9m8lqXP5tzasV0LFps 5aaAa_XQamp;url=http://blogs.wsj.com/chinarealtime/2012/10/30/report-steel-trader-fraud-hurting-chinese-banks/bReport: Steel Trader bFraud/b Hurting Chinese Banks/b/abr /font size=-1bfont color=#6f6f6fWall Street Journal (blog)/font/b/fontbr /font size=-1In one case, Bernstein said, traders went to great lengths to disguise the bfraud/b. “Our bank sent a group of people to Zhejiang province to investigate the problem,” one unidentified banker told Bernstein analysts, according to the report. “They went to b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=dH__mES_RmphMJMamp;ned=en_zanobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

More... (http://news.google.com/news/url?sa=tfd=Rusg=AFQjCNGY9m8lqXP5tzasV0LFps5aaAa_XQ url=http://blogs.wsj.com/chinarealtime/2012/10/30/report-steel-trader-fraud-hurting-chinese-banks/)