More Protests Erupt in China Over Bank Scam as Anger Simmers
- Demonstrators, plainclothes officers clash at branch of PBOC
- Depositors are trying to retrieve tens of billions of yuan
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Police in China say they’ve taken more people into custody over a suspected billion-dollar financial scam as protests involving bank customers erupted for at least the third time, highlighting the difficulty authorities are having resolving the matter.
“The public security organs have recently arrested a group of criminal suspects, and sealed up, seized, and frozen funds and assets involved in the case in accordance with the law,” police in Xuchang, in the central province of Henan, said in a statement on Sunday, without giving details on who was detained.