Home Bank of China ordered to release counterfeiters' records
 

Keywords :   


Bank of China ordered to release counterfeiters' records

2015-10-07 08:52:36| Jewelry - Topix.net

A New York judge is ordering the Bank of China to hand over detailed information about Chinese bank accounts used by a counterfeiting ring that allegedly sold millions of dollars of fake Gucci handbags and wallets in the U.S. The decision could have far-reaching impact on the ability of U.S. courts to extract information about criminal activity from Chinese banks, which serve as safe havens for counterfeiters and money laundering on a large scale. Chinese banks have put up a fierce fight, claiming that such disclosures would be an affront to China's sovereignty.

Tags: china records release bank

Category:Consumer Goods and Services

Latest from this category

All news

27.11Loyalty cards offer genuine savings, says watchdog
27.11Aston Martin issues second profit warning in two months
27.11Online slots gambling to be limited to 5 per spin
26.11Black Friday shoppers warned to be wary of deals
26.11Trump proves he is serious on tariffs - but it's not about trade
26.11Sports service SPOTV adopts Zixi for affiliate delivery
26.11'I want to get a job but I don't know how'
26.11EQT to sell Melita to Goldman Sachs Alternatives
Consumer Goods and Services »
27.11adabat
27.11slp
27.11Nana
27.11
27.11
27.11Daiwa LABRAX ags87lml
27.11 Disney100 & Disney 100
27.11
More »