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BEIJING -- Authorities in central China announced Monday the arrests of 234 people involved in a scam to bilk people out of their savings with the false promise of high interest rates on deposits in obscure rural banks.
The scandal drew national attention in China and protests by disgruntled customers in July were violently quashed. Authorities in Henan now say they have arrested 234 people and made progress recovering the funds.
The scandal drew national attention in China and protests by disgruntled customers in July were violently quashed. Authorities in Henan now say they have arrested 234 people and made progress recovering the funds.
BEIJING (AP) — Authorities in central China on Monday announced the arrests of 234 people involved in a scam to bilk people out of their savings with the false promise of high interest rates on deposits in obscure rural banks.
Arriving from Shanghai, Lu Yiwei found Los Angeles’ contemporary art scene lacking. Now she’s opened a gallery. May Xue, veteran of contemporary art institutions in Beijing and Hong Kong, opened an art space too.