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Exiled Chinese tycoon fraudulently obtained big loans, employees tell court

Saturday, June 10, 2017 - 05:50

Mr Guo says he is unaware of his employees' actions concerning the alleged loan fraud.

Dalian, China

EXILED billionaire businessman Guo Wengui instructed his employees to fraudulently obtain hundreds of millions of dollars in loans, senior employees of his real estate company told a court in China's north-eastern Liaoning province.

Appearing in the Dalian Xigang

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