Vancouver businesswoman sues for US$200,000 she lost while trying to get money out of China

A Vancouver businesswoman has launched a lawsuit to recover about US$200,000 she says was lost when a scheme to thwart Chinese money control laws went awry.But the four defendants deny that the funds lost by plaintiff Sarah Wu ended up in their hands after what they said was an attempted “illegal currency smuggling operation” to get money out of China and into Canada.Instead, they said, the money “appears to have been taken or confiscated by an unknown third party or government actor”.One of…

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