Related News
Shanghai tops the country in financial crimes
By Zhao Wen |
November 1, 2011, Tuesday
|
Online Edition
Online Edition
SHANGHAI had the largest share of financial crimes reported nationwide from 2006 to 2010, according to a report released by the National Financial Crime Commission today.
The report said the number of financial crimes handled by local prosecutors accounted for more than 10 percent of the national total. The city was followed by Guangdong and Zhejiang provinces with a share of 9.24 percent and 8.48 percent respectively.
During the past five years, the number of financial crimes surged from 4,000 to 12,000 nationwide. More than 50,000 offenders involved in 30,000 cases were convicted, the report said.
China's Criminal Law specifies 37 kinds of financial crimes, including credit card fraud, bribery and corruption. Credit card fraud represented 38.8 percent of all the cases in the five years.
Shanghai also topped all other provinces and municipalities in the number of financial fraud cases with a share of nearly 14 percent. Zhejiang and Guangdong took the second and third places.
The National Financial Crime Commission was set up today in Shanghai to strengthen the fight against financial crimes, identify regulatory loopholes and provide professional advice to prosecutors when dealing with financial crimes.
The report said the number of financial crimes handled by local prosecutors accounted for more than 10 percent of the national total. The city was followed by Guangdong and Zhejiang provinces with a share of 9.24 percent and 8.48 percent respectively.
During the past five years, the number of financial crimes surged from 4,000 to 12,000 nationwide. More than 50,000 offenders involved in 30,000 cases were convicted, the report said.
China's Criminal Law specifies 37 kinds of financial crimes, including credit card fraud, bribery and corruption. Credit card fraud represented 38.8 percent of all the cases in the five years.
Shanghai also topped all other provinces and municipalities in the number of financial fraud cases with a share of nearly 14 percent. Zhejiang and Guangdong took the second and third places.
The National Financial Crime Commission was set up today in Shanghai to strengthen the fight against financial crimes, identify regulatory loopholes and provide professional advice to prosecutors when dealing with financial crimes.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
