Saturday, March 3, 2012

China Executes Bank Computer Embezzler

BEIJING Chinese authorities have executed a bank accountant whoembezzled more than $175,000 in the country's first such case ofcomputer fraud, the Xinhua Daily Telegraph newspaper said Monday.

Shi Biao, who worked for the Jilin branch of the state-runAgricultural Bank of China, siphoned funds to private accounts fromAugust to November, 1991, it said.

He and accomplice Yu Lixin were arrested as they were preparingto leave China through …

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