Supervisors are asked to crack down on the use of offshore companies and underground banks to transfer illegal income and property involved in duty-related crimes.
September 25, 2021Criminal groups reportedly colluded with underground banks to launder money by disguising their illegal proceeds as payments for goods.
April 19, 2021Several government departments including the PBOC will work together to track down corrupt Chinese fugitives and recover ill-gotten gains.
March 2, 2021The Ministry of Public Security arrested over 75,000 suspects and shut down thousands of online gambling platforms, payment platforms and underground banks in 2020.
January 21, 2021