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    Guangdong busts underground banks that handled $35 bln(1/6)

    2016-10-12 14:47 Ecns.cn Editor:Yao Lan
    1

    Cash, bank cards and equipment used to illegally transfer money seized in a campaign against underground banks in South China’s Guangdong Province. Police in Guangdong have busted underground banks that handled 230 billion yuan ($34.49 billion) and arrested 350 people suspected of involvement in 140 cases of underground banking and money laundering, according to the Xinhua news service, citing the Guangdong provincial public security department.(Photo provided to China News Service)

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