Suspect Wang was extradited back to China for defrauding loans totaling 104 million yuan.
On April 3rd, with the strong assistance of our overseas embassies and relevant law enforcement agencies abroad, the Liaoning public security organs extradited Wang, a suspect involved in a loan fraud case who had been on the run for nearly a decade, back to China. It is understood that from April to December 2014, Wang, in the name of his company, obtained loans of 104 million yuan from banks through providing false performance reports and fictitious purchase and sales contracts, causing a loss of over 30 million yuan to the banks before fleeing abroad.
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