Suspects tried in illegal banking case

(China Daily USA)      Updated : 2016-01-14

A group of suspects stood trial on Wednesday in Lanxi for alleged involvement in a major underground banking case. The alleged ringleader, identified by his surname Zhao, and his wife, Zheng, were accused of hiring seven others in illegal foreign exchange transactions, according to prosecutors at the Lanxi People's Court. The case involves more than $9.6 billion, prosecutors said.