Beijing Punishes Ten Companies for Fraud

Beijing Tuesday exposed to the public owners of ten companies for fraudulent business practices, and blacklisted the legal representatives, meaning that these ten people will not be allowed to register any new companies.

A local industry and commerce administration source said that the ten companies, involved in such sectors as computer rental, housing agency, hair care and other services, bilked customers by accepting large cash advances and then supplying no service or bad service.

The move is made a day before the March 15 Consumer Rights Day in China.

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