WebKingold, a Wuhan-based company is alleged to have used fake gold bars to obtain $2.8 billion in loans. It’s a case of misrepresentation and putting on a great front for lenders. … WebNov 5, 2024 · One of China’s largest gold jewelry manufacturers, Kingold Jewelry Inc., was caught in a major fake gold scandal earlier this year. The company used 83 tons of gold bars to back loans worth 20 billion yuan …
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WebJul 3, 2024 · Before the Fake Gold Scandal: China was already reeling from companies rethinking their Chi-Com supply/Alibaba chain from the Wuhan/COVID Flu. The PRC was either complicit or incompetent in … WebApr 21, 2016 · Typical gold coin investment advice is to invest in 22kt gold or better, but given the new fake gold coins on the market, we believe this advice is outdated. The following are 24kt (or 99.9% pure) gold coins and are guaranteed to be real when tested with the Gold Coin Balance™: 1oz Austrian Philharmonic. 1oz Australian Kangaroo. 1oz … immotech biars sur cere
Biggest gold scandal busted in China: 83 tons of gold bars used as …
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