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Chinese investors fleeced of billions by gold futures ring

Marc Howe | July 23, 2012 | 3:20 pm Precious Metals China Gold 

A gold-futures trading ring in China's central province of Henan has fleeced more than 5,000 investors of over RMB380 billion ($58.62 billion). The China Daily reports that police have arrested 33 individuals for participation in the illegal gold-futures trading scheme...

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