Two former Bank of China officials were convicted in the United States

BBC 8.31, Bank of China for stealing nearly 500 million U.S. dollars of the Bank of China Kaiping branch in Guangdong Governor Xu Guojun and Xu extraordinary August 29 by the U.S. District Court in Las Vegas convicted. Convicted of two and wife duo of Jardine Kuang Wan Fang Yu Ying collusive fraud, conspiracy to money laundering and conspiracy to transfer stolen money and other charges.

Seven years ago, these people, together with several other former president of the Kaiping Branch of Yu Zhendong was shocked by Chinese manufacturers with the financial sector, "Kaiping case", after fleeing to the United States. January 31, 2006, U.S. Assistant Minister of Justice declared that the prosecution of the "Xu", and his wife, let people see that Sino-US judicial cooperation in the fight against corrupt officials took a new step.

According to BBC reports, with the conviction still at large so far, Mr Kwong Wan Fang's brother, Mr Kwong Warburg, U.S. prosecutors accused the "Xu" attempting to use the Las Vegas casino money-laundering, the total amount of 3 million U.S. dollars, with two U.S. citizens leave the marriage obtained United States citizenship. At the same time the court finds that Mr Kwong Wan Fang and Yu Ying Yi forged passports found guilty, Xu Guojun and Xu extraordinary forged visa charges. The Associated Press reported that the court will be on the 11th of several accused sentencing. "Second-" the defence counsel claimed that their client "is the new era of Sino-US victims of judicial cooperation."

1994 to 1998 the governor of the Bank of China branch in Kaiping, Xu extraordinary corruption misappropriation of bank funds of up to hundreds of millions of dollars to cover up the crime, he let Yu Zhendong and Xu Guojun successively as president of the Kaiping branch, to misappropriation of funds. For the future fled to the United States and three in 1999 for his wife sham marriages with U.S. citizens, and from the bank has allocated 483 million U.S. dollars to their accounts. October 2001, the Bank of China at the time of the audit found that three crimes. Since then, three people in Hong Kong, Canada quite fled to the United States.

December 19, 2002, Yu Zhendong fled to Los Angeles, just off the plane on the United States was arrested by the police. September 2004, Xu Guojun a small town in Kansas, were arrested. In October, the formidable principal-in Oklahoma, a small town was arrested. Yu Zhendong to China in 2004 voluntary trial, and in 2006 was sentenced to 12 years in prison. His wife in 2005 to U.S. court to plead guilty, deprived of their U.S. citizenship, but allowed her to continue to appeal, so she can continue to stay in the United States. BBC said that China has always hoped to extradite Xu extraordinary, and so on, legal experts also believe that if they were convicted in the United States, may be deported, but if there is, as the wife of Yu Zhendong, they return to China in the near future is unlikely .

August 22, the Canadian Federal Minister of Public Security issued a statement saying that Canada Border Service has confirmed will be on the same day of the Chinese fled the country in economic fraud suspects Deng Xinzhi transferred to the Chinese authorities. BBC said that this increase is the first time, the economic success of the repatriation of Chinese nationals suspected cases returned.