Banking scam in China: Financial scam in four rural banks of China, police arrested 234 people - The Asia Saga

The investigation revealed that the rural banks are being dominated by criminal gangs, due to which the gangs bring the money deposited in the bank to their personal use to indulge in their criminal activities. Zhengzhou Agency: China is currently whipping up financial scammers in the country. On Monday, Chinese media reports that Chinese authorities have announced that 234 people involved in financial scams at several rural banks in Henan province have been arrested. China Daily reported that Shu chang City Police claimed to have achieved great success in recovering damages and capital in the scam. According to news agency…