After Embezzling Cash, Corrupt Chinese Officials Scramble to Hide It

After Embezzling Cash, Corrupt Chinese Officials Scramble to Hide It
Yuan banknotes at a bank in Lianyungang, located in east China's Jiangsu Province on August 11, 2015. STR/AFP/Getty Images
Annie Wu
Updated:

Chinese Communist Party cadres are capable of embezzling huge sums of money—but how do they store it?

As the funds are illicit, officials know better than to save the money in banks, so they’ve become very creative in how they hide their stash.

Annie Wu
Annie Wu
Author
Annie Wu joined the full-time staff at the Epoch Times in July 2014. That year, she won a first-place award from the New York Press Association for best spot news coverage. She is a graduate of Barnard College and the Columbia University Graduate School of Journalism.
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