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China's Ministry of Public Security recovers $7.2 billion in losses from economic crimes in 2015

( May 16, 2016, 10:08 GMT | Official Statement) -- MLex Summary: China's Ministry of Public Security recovered economic losses totaling more than 47 billion yuan ($7.2 billion) from 207,000 cases of economic crime last year, the ministry announced on its website Sunday. China's Public Security officials struck against illegal fundraising, underground banks, securities and futures crimes, counterfeit currencies and the illegal online trading of bank cards, the ministry said. Officials investigated nearly 63,000 cases of credit card fraud last year.The ministry's full statement follows:...

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