27,000 arrests
MORE than 27,000 suspects were arrested with approval issued by local prosecutors between January and November last year, the Shanghai People’s Procuratorate has said. And a total of 40,830 people were charged over the same period. Of these 1,892 were in connection to financial crimes, such as fraudulent fund-raising and trading with undisclosed information — an increase of 52 percent on 2013.
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