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November 27, 2010

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Home » Business » Economy

Crime solvers

CHINESE police have solved more than 150 major crimes concerning securities and futures since 2002, retrieving economic losses worth more than 30 billion yuan (US$4.5 billion), figures from the Ministry of Public Security showed yesterday.

It said the total sum involved was more than 200 billion yuan.

In one prominent case, Huang Guangyu, former chairman of Chinese electronics retail giant Gome, was sentenced to 14 years in prison in May after being convicted of illegal business dealings, insider trading and corporate bribery.



 

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