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One of the main items of news recently was that of bank fraud.  In January 2007, 2 company managers were convicted for commiting bank fraud spanning 10 years, to the amount of four hundred and eighty two million from the Bank of China.  Husband and wife managing Ever Joint properties and Yau Hip Trading respectively were the masterminds behind this.  They were charged with conspiring with three managers from the Bank of China as they embezzled and laundered money taken from the bank over a period of 10 years. Incidents of banking fraud in china seem to ever increasing with many people also being jailed for accepting bribes.