Five people from a leading international immigration and investment services agency based in Shanghai have been arrested for allegedly conducting illegal foreign exchange trading activities involving more than one hundred million yuan, local police said. The head of the company, a 54-year-old woman surnamed He, along with another employee surnamed Sun had allegedly been providing forex trading services for others by accepting yuan in China and dispensing foreign currencies abroad for others since 2016, the Shanghai Public Security Bureau said in an Aug.

https://www.caixinglobal.com/2023-08-18/china-detains-chief-of-top-immigration-consultancy-for-illegal-forex-trading-102094577.html

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