Fake invoice firm gets busted in Zhejiang province
Today the Nanhu Evening News features the headline: “The largest underground tax-evasion scheme in the history of Jiaxing gets busted.” The story details how a firm was recently caught specializing in producing fake tax invoices (fapiao 发票) to aid in tax evasion and money laundering. There is over a hundred million yuan involved in the case, which is spread across 12 different Chinese cities. Read more
