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Articles Posted in China Medical Technologies

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US Attorney’s Office Charges Two Ex-China Medical Technologies Executives in $400M Securities Fraud

China Medical Technologies Inc. founder and ex-CEO Xiaodong Wu and Ex-CFO Tak Yung Samson Tsang are charged with securities fraud, wire fraud conspiracy, and securities fraud conspiracy. The two men are accused of bilking the company’s noteholders and investors of over $400M. They are now fugitives and live in China.…

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