Tag: Lv Yi

China’s Banking System Shattered By Huge Bank Fraud And Protests

Police in Xuchang city of Henan province arrested 234 suspects tied to the nation’s largest ever bank fraud and started repaying more victims of the $5.8 billion scam. The arrest came a month after hundreds of depositors protested over their lost savings in one of the largest demonstrations the country has seen since the pandemic began. CNN today reported that the