News Snapshot:
Chinese police have busted some people who had been using offshore gambling accounts to make fake transactions on popular platforms. As uncovered by police raids, money launderers have used some of the leading shopping websites in China to illegally transfer billions of dollars to offshore gambling sites. According to police reports, individuals willing to evade the strict capital controls in China to place some bets on offshore gambling sites have been placing fake orders on various shopping sites. After making the fake orders, a corresponding sum was then given to them in their gambling site account. It turned out that...
