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View Full Version : China Uncovers Almost $10 Billion in Fraudulent Trade-Financing Deals - Wall Street J



FraudNews
09-27-2014, 12:05 PM
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Wall Street Journal (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEdtYOvmVAneLSEWrcQntMRj3o4Ew&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=GqgmVPCJNs_9gAeJtICQBg&url=http://online.wsj.com/articles/china-uncovers-more-than-10-billion-in-fraudulent-trade-financing-deals-1411620122)


China Uncovers Almost $10 Billion in Fraudulent Trade-Financing Deals (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEdtYOvmVAneLSEWrcQntMRj3o4Ew&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=GqgmVPCJNs_9gAeJtICQBg&url=http://online.wsj.com/articles/china-uncovers-more-than-10-billion-in-fraudulent-trade-financing-deals-1411620122)
Wall Street Journal
Some commodities traders initially feared that the suspected fraud would hurt metals prices by prompting banks to cut lending for commodities financing, reducing demand. Months later, any price impact hasn't materialized, but lawsuits among the banks, ...

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