Sichuan Police Dismantle Massive Forex Scheme, Arrest 21 Individuals

Chinese authorities have dismantled a large-scale illegal forex operation in Sichuan province, resulting in the arrest of 21 individuals and over 3.9 billion yuan in illicit currency transactions. The operation, revealed by Sichuan Public Security authorities on May 15th, involved technology consulting firms that attracted clients using social media to conduct illegal foreign currency trades.