Broadcasting News Corporation : Thousands of people in China were ensnared in a banking scandal that wiped out their entire savings accounts earlier this year. The government’s seemingly indifferent response is testing the public’s confidence in the ruling Communist Party. Following a revelation that several rural banks, which the police said might have been controlled by a criminal gang, had frozen savings accounts, officials have mostly refused to guarantee that the money will be returned. They have also suggested that some of the depositors were involved in fraud. When victims of the scandal gathered this month for a protest in Henan Province, where most of the banks in question were located, they were attacked by a mob while police officers stood by. Many protesters have since reported being harassed by the police. “The government takes our taxpayer money and then beats us,” Sun Song, a 26-year-old businessman who lost $600,000 in savings, said. “My worldview has been destroyed.” News collected from The New York Times.
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