Hangzhou Police recently started a crackdown on illegal bill discounting in the financial sector and arrested 254 people, and the value of such transactions totaled 90 billion yuan, becoming the largest case of illegal bill discounting in Zhejiang province. reports cs.com.cn. According to Zhejiang Online, Lin Gang, together with his accomplices, set up Hangzhou Runyin Investment Management Limited with registered capital of 60 million yuan. On normal days, the company published bill discounting information on the Internet, gave a commitment that it will convert the bills into cash on the same day upon sighting it. After obtaining the bills, the company profited by discounting or reselling it.
This site contains materials from other clearly stated media sources for the purpose of discussion stimulation and content enrichment among our members only. whatsonningbo.com does not necessarily endorse their views or the accuracy of their content. For copyright infringement issues please contacteditor@whatsonningbo.com254 arrested in hangzhou amid crackdown on illegal bill discounting - RO Membrane Housing254 arrested in hangzhou amid crackdown on illegal bill discounting - RO Membrane Housing254 arrested in hangzhou amid crackdown on illegal bill discounting - RO Membrane Housing254 arrested in hangzhou amid crackdown on illegal bill discounting - RO Membrane Housing254 arrested in hangzhou amid crackdown on illegal bill discounting - RO Membrane Housing254 arrested in hangzhou amid crackdown on illegal bill discounting - RO Membrane Housing254 arrested in hangzhou amid crackdown on illegal bill discounting - RO Membrane Housing254 arrested in hangzhou amid crackdown on illegal bill discounting - RO Membrane Housing254 arrested in hangzhou amid crackdown on illegal bill discounting - RO Membrane Housing254 arrested in hangzhou amid crackdown on illegal bill discounting - RO Membrane Housing254 arrested in hangzhou amid crackdown on illegal bill discounting - RO Membrane Housing
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