Yangzhou police cracked Super underground bank case amounts to 300 million

Spread to more than 20 provinces nationwide, more than 4,000 residents involved, Shanxi coal bosses have come to the home for the whole family of immigrants remittance money "Caixin Network" (Comprehensive media report) September 6, Yangzhou Intermediate Court to make a final decision, together with the amount of up to 310 million yuan in the "underground bank" illegal money laundering cases fell.　　The "master" who was involved in the case was sentenced to 5.5 fine for the illegal operation of 3 million. "Yangtze Evening News" reported that the money-laundering case is the police in the investigation of the Yangzhou Highway section of a chief Wang Yong misappropriation of billions of dollars in the cases were led out. Wang Yong bought a luxurious villa in Canada. The money he used to buy the villas was remitted through a personal account in Shanghai, the owner of the household.　　After the bank of the head of the anti-Money Laundering Center analysis, the nature of what the business of the "Mega underground banks." reported that from April 2004 to October 2008, He Jia and other people to circumvent foreign exchange control, the provision of currency exchange business as high as 8.5 billion yuan, the average daily turnover of 4.6 million yuan. Affected more than 20 provinces, more than 4,000 residents involved in the Shanxi coal bosses have come to the door, for the whole family of immigrants remittance money. He Jia and so on from profit more than 11 million yuan.　　As a result of the transfer of renminbi or accept remittances from overseas residents, most of the source of funds is legal, the final court found that the amount of money such people involved in the case is 310 million yuan. The report also said, Ho, 43 years old, university culture, Fujian province Fuqing People, the former Department of Canada Express Remittance Co., Ltd. General manager. (Caixin reporter Zhangxu)