China Finds $15 Billion of Loans Backed by Fake Gold Trades
China's chief auditor discovered 94.4 billion yuan ($15.2 billion) of loans backed by falsified gold transactions, adding to signs of possible fraud in commodities financing deals. Twenty-five bullion processors in China, the biggest producer and ...
China Flags 'Improper' Gold-Backed Loans
China Discovers $15 Billion Worth Of Loans Tied To Fake Gold Deals
China companies fake gold deals for $15bn loans, says auditor