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NetEase Money Laundering: Execs Detained
A reported internal sting operation at NetEase Games has led to the detention of several senior employees on suspicion of money laundering, according to Chinese tech outlet Leifeng (as picked up by Vice). The incident has shaken investor confidence, with NetEase’s stock (NTES) falling roughly 5% since trading opened following the news. Details of the Operation The sting reportedly...
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