Little Guy Gets Hard Time in Hong Kong

Money laundering has been big news recently in the United States, with big banks, not the least of which is HSBC, being fined huge amounts after being found out. Few will shed a tear for the big banks given their recent appalling behavior in other spheres, but spare one for the young mainlander, Luo Juncheng, who was sentenced recently to ten-and-a-half years in prison in Hong Kong for money laundering.

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