{"id":26392,"date":"2008-10-18T23:14:40","date_gmt":"2008-10-19T06:14:40","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/?p=26392"},"modified":"2008-10-18T23:14:40","modified_gmt":"2008-10-19T06:14:40","slug":"five-jailed-in-china-for-running-underground-bank","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2008\/10\/five-jailed-in-china-for-running-underground-bank\/","title":{"rendered":"Five Jailed In China For Running Underground &#8220;Bank&#8221;"},"content":{"rendered":"<p>From <a href=\"http:\/\/www.reuters.com\/article\/worldNews\/idUSTRE49H0LI20081018\">Reuters<\/a>:<\/p>\n<blockquote><p>China has jailed five people for their part in running an illegal currency exchange business that handled billions of yuan in swaps between Hong Kong and the country&#8217;s south, <a href=\"http:\/\/www.chinadaily.com.cn\/cndy\/2008-10\/18\/content_7117589.htm\">state media reported Saturday<\/a>.<\/p>\n<p>The business, based in Shenzhen, with branches in neighboring Hong Kong and Guangzhou, capital of southern Guangdong province, had handled more than 4.3 billion yuan ($629.2 million) in money transfers between 2006 and May this year, the China Daily said.<\/p>\n<p>&#8220;It helped overseas clients exchange their currencies into Hong Kong dollars, which would be then converted into yuan and sent to the mainland,&#8221; the paper said.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>From Reuters: China has jailed five people for their part in running an illegal currency exchange business that handled billions of yuan in swaps between Hong Kong and the country&#8217;s south, state media reported Saturday. The business, based in Shenzhen, with branches in neighboring Hong Kong and Guangzhou, capital of southern Guangdong province, had handled [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[2,10],"tags":[3819,4161,5370],"class_list":["post-26392","post","type-post","status-publish","format-standard","hentry","category-economy","category-law","tag-currency-exchange","tag-economic-crime","tag-underground-bank","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.9 (Yoast SEO v23.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Five Jailed In China For Running Underground &quot;Bank&quot;<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2008\/10\/five-jailed-in-china-for-running-underground-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Five Jailed In China For Running Underground &quot;Bank&quot;\" \/>\n<meta property=\"og:description\" content=\"From Reuters: China has jailed five people for their part in running an illegal currency exchange business that handled billions of yuan in swaps between Hong Kong and the country&#8217;s south, state media reported Saturday. The business, based in Shenzhen, with branches in neighboring Hong Kong and Guangzhou, capital of southern Guangdong province, had handled [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"http:\/\/chinadigitaltimes.net\/2008\/10\/five-jailed-in-china-for-running-underground-bank\/\" \/>\n<meta property=\"og:site_name\" content=\"China Digital Times (CDT)\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ChinaDigitalTimes\" \/>\n<meta property=\"article:published_time\" content=\"2008-10-19T06:14:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/chinadigitaltimes.net\/wp-content\/uploads\/2021\/08\/CDT-logo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"186\" \/>\n\t<meta property=\"og:image:height\" content=\"177\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Liu Yong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" 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