Two former Bank of China managers have been charged in the US with stealing $485m (£272m) and attempting to launder the money through Las Vegas casinos.
Xu Chaofan, Xu Guojun and their wives were charged with 15 counts of racketeering, money laundering and fraud, the US Justice Department said.
China bankers in US scam charge – BBC
Posted by Sophie Beach | Feb 1, 2006
Categories : Law
Tags :Bank of China,corruption,gambling