Chinese fake bank founders jailed

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Chinese fake bank founders jailed for swindling

January 6, 2017 Lutfun NaharBanking, Crime, Int’l relations

A court in the Chinese city of Nanjing has jailed two men for swindling customers of their savings through a fake bank, state media report.The men, surnamed Zeng and He, were found guilty of pocketing 435m yuan (£51m; $63m) from…

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