Download
Police in Central China's Henan province rounded up 33 people suspected of illegal gold-futures trading in a case involving more than 5,000 investors and at least 380 billion yuan ($59.62 billion).
The suspects, who had been trading since October 2008, had never registered with industrial and commercial authorities, as required by the law, said Guo Congbin, director of Luoyang public security bureau, on Tuesday.
They promoted investments in Loco London gold, the London gold market in Hong Kong, Guo said, which is illegal on the mainland.
According to Guo, the suspects claimed to be agents of overseas companies dealing in London gold and, with promises of huge returns, persuaded investors to establish accounts on the Internet for trading Loco London gold.
They did not inform investors of the risks of transactions or sign detailed contracts with them, and they charged exorbitant consulting fees for the deals, he said.
An investor named Ye told police that he lost 2.8 million yuan shortly after becoming involved in the trading in April 2010 under the guidance of a suspect named Wang, the Luoyang public security bureau said in a statement on its micro blog on Tuesday.
Ye deposited money into several of the suspects' private bank accounts, as instructed by Wang, the statement said.
The police found large amounts of money from the trading in bank accounts the suspects opened in Shanghai's Pudong New Area, the statement said.
Although the suspects tried to escape detection, the statement said, using mobile phone numbers registered in Shenzhen, Guangdong province, and communicating with their agents through online messaging services registered in Hong Kong, police learned they were staying in an apartment in Pudong.
Several of the suspects were caught on March 2, when police raided the apartment, the statement said, and some others were later detained in Luoyang and Shanghai.
Zhang Hui, head of the Luoyang public security bureau's economic investigation team handling the case, said that the investigation continues and more arrests will be made across China.
Questions:
1. How much money is expected to be tied up in the illegal gold-futures trading case?
2. How many people have been rounded up by police in this case?
3. How many investors are thought to be involved?
Answers
1. At least 380 billion yuan.
2. 33 people.
3. More than 5,000.
About the broadcaster:
Rosie Tuck is a copy editor at the China Daily website. She was born in New Zealand and graduated from Auckland University of Technology with a Bachelor of Communications studies majoring in journalism and television. In New Zealand she was working as a junior reporter for the New Zealand state broadcaster TVNZ. She is in Beijing on an Asia New Zealand Foundation grant, working as a journalist in the English news department at the China Daily website.
英男子在自家后院建造现实版“霍比特人洞”
看诺贝尔经济学奖得主如何谈投资
生命的力量:两条腿奔跑的励志狗狗
比伯欲搬亚特兰大 遭富豪住户反对
成功人士睡前必做的9件事
国内英语资讯:Interview: CPC gains intl respect with its achievements, Jordanian party leader says
国际英语资讯:Cuba launches anti-Trump signature drive in solidarity with Venezuela
习主席里昂晚宴菜单曝光:欧洲王室最高规格
2025年的互联网将是什么模样
40万英镑高薪美差:去西伯利亚数北极熊
中国电视产业普遍缺乏创造性
老外爱逛北京菜市场
闻香识主人:嗅觉记忆能触发动物喜怒哀乐
马方更正MH370最后通话:晚安,马来西亚370
国际英语资讯:Roundup: Italys PM Conte unveils new govt program to lower house, winning first confiden
揭秘导致加速衰老的5种原因
出生即被遗弃快餐店 27年后女孩终觅得生母
国际英语资讯:Explosions occur at ammunition depot in western Iraq
看电影学谈判:电影中的谈判技巧
面试读心术:面试官不喜欢的六个回答
国际英语资讯:DPRK fires 2 unidentified projectiles into East Sea: S.Korea
为什么中老年人更易脱水?
吃多少盐才健康?
雾霾促使中国富豪移民
鹦鹉多嘴被关3年 患抑郁症拔光身上羽毛
习主席在德国《法兰克福汇报》发表署名文章
不能说的秘密:米歇尔访华花费知多少?
伦敦市长头发凌乱 小朋友赠梳子请他多梳头
国际英语资讯:British lawmakers vote to reject second govt bid for snap election
2017奥斯卡:备好红毯并非易事
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |