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Securities fraud
February 13, 2009, Friday
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Print Edition
Print Edition
FIVE people were sentenced to from two to seven years in prison for offering securities consulting and investment services without licenses, Pudong New Area People's Court announced.
Hong Zhicheng set up Gulaixin Investment Management Co in 2004. The company earned 15 million yuan (US$2.2 million) without a license.
Hong Zhicheng set up Gulaixin Investment Management Co in 2004. The company earned 15 million yuan (US$2.2 million) without a license.
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