China News Service, April 29. The State Administration of Foreign Exchange announced on the official website 29 cases of illegal transfers of cross-border gambling funds. details as follows:

　　Case 1: Anhui Dingmou illegally traded foreign exchange

　　In November 2016, Ding illegally bought and sold foreign exchange equivalent to US $ 361,000 through underground money banks for overseas gambling activities.

　　This behavior violates Article 30 of the "Personal Foreign Exchange Control Measures" and constitutes illegal buying and selling of foreign exchange. According to Article 45 of the "Foreign Exchange Control Regulations", a fine of 366,000 yuan was imposed. Penalty information is included in the People's Bank of China credit reporting system.

　　Case 2: Liaoning national Wang illegally traded foreign exchange

　　In March 2017, Wang Mou illegally bought and sold foreign exchange through underground banks, equivalent to US $ 434,400, for overseas gambling activities.

　　This behavior violates Article 30 of the "Personal Foreign Exchange Control Measures" and constitutes illegal buying and selling of foreign exchange. According to Article 45 of the "Foreign Exchange Control Regulations", a fine of 450,000 yuan was imposed. Penalty information is included in the People's Bank of China credit reporting system.

　　Case 3: Beijing-based Gao Mou illegally buying and selling foreign exchange

　　From August 2016 to August 2017, Gao Mou illegally bought and sold foreign exchange through the underground bank in 8 transactions equivalent to US $ 7.4585 million for overseas gambling activities.

　　This behavior violates Article 30 of the "Personal Foreign Exchange Control Measures" and constitutes illegal buying and selling of foreign exchange. According to Article 45 of the "Foreign Exchange Control Regulations", a fine of RMB 761,000 was imposed. Penalty information is included in the People's Bank of China credit reporting system.

　　Case 4: A case of illegally buying and selling foreign exchange from a Korean citizen of Zhejiang

　　In August 2017, Hanmou illegally bought and sold foreign exchange through the underground bank in 8 transactions equivalent to USD 446,000, which was used for overseas gambling activities.

　　This behavior violates Article 30 of the "Personal Foreign Exchange Control Measures" and constitutes illegal buying and selling of foreign exchange. According to Article 45 of the "Foreign Exchange Control Regulations", a fine of RMB 449,800 was imposed. Penalty information is included in the People's Bank of China credit reporting system.

　　Case 5: A case of illegal sales of foreign exchange by a foreign individual Duan

　　From April to October 2017, Duan used his domestic account to illegally buy and sell 13 gambling-related foreign exchange funds equivalent to 5.05 million Hong Kong dollars; in May 2018, he used the underground bank to illegally buy and sell 6 gambling-related foreign exchange funds equivalent to 6 million Hong Kong dollars.

　　This behavior violates Article 32 of the "Regulations on the Administration of Settlement, Sale, and Payment of Foreign Exchange" and constitutes the illegal purchase and sale of foreign exchange. According to Article 45 of the "Foreign Exchange Control Regulations", a fine of RMB 1.021 million was imposed. Penalty information is included in the People's Bank of China credit reporting system.

　　Case 6: A case of illegal trading of foreign exchange in a history of Heilongjiang nationality

　　From December 2017 to February 2018, Shimou illegally bought and sold foreign exchange through underground banks, which amounted to US $ 2.086 million for overseas gambling activities.

　　This behavior violates Article 30 of the "Personal Foreign Exchange Control Measures" and constitutes illegal buying and selling of foreign exchange. According to Article 45 of the "Foreign Exchange Control Regulations", a fine of 1.356 million yuan was imposed. Penalty information is included in the People's Bank of China credit reporting system.

　　Case 7: A case of illegal trading of foreign exchange by Fujian Deng

　　From July 2017 to April 2018, Deng illegally bought and sold 50 foreign exchanges equivalent to 857,000 US dollars through underground bank, used for overseas gambling activities.

　　This behavior violates Article 30 of the "Personal Foreign Exchange Control Measures" and constitutes illegal buying and selling of foreign exchange. According to Article 45 of the "Foreign Exchange Control Regulations", a fine of RMB 708,000 was imposed. Penalty information is included in the People's Bank of China credit reporting system.

　　Case 8: The case of illegal trading of foreign exchange by Henan-based Lee

　　From July 2017 to April 2018, Mr. Li illegally bought and sold 75 foreign exchange funds involving gambling through an underground bank, equivalent to 1.275 million US dollars.

　　This behavior violates Article 30 of the "Personal Foreign Exchange Control Measures" and constitutes illegal buying and selling of foreign exchange. According to Article 45 of the "Foreign Exchange Control Regulations", a fine of 1.055 million yuan was imposed. Penalty information is included in the People's Bank of China credit reporting system.

　　Case 9: A case of illegally buying and selling foreign exchange in Fujian

　　From February to May 2018, Qianmou illegally bought and sold foreign exchange through underground money shops in 8 transactions equivalent to 488,700 US dollars for overseas gambling activities.

　　This behavior violates Article 30 of the "Personal Foreign Exchange Control Measures" and constitutes illegal buying and selling of foreign exchange. According to Article 45 of the "Foreign Exchange Control Regulations", a fine of RMB 414,000 was imposed. Penalty information is included in the People's Bank of China credit reporting system.

　　Case 10: Shanghai-based Liu's illegal sale of foreign exchange

　　From July 2017 to June 2018, Liu illegally traded 19 gambling-related foreign exchange funds through underground banks, equivalent to 512,000 US dollars.

　　This behavior violates Article 30 of the "Personal Foreign Exchange Control Measures" and constitutes illegal buying and selling of foreign exchange. According to Article 45 of the "Foreign Exchange Control Regulations", a fine of RMB 418,000 was imposed. Penalty information is included in the People's Bank of China credit reporting system.