Chen Xi, who controlled several trading houses and warehousing firms, was detained in June 2022 over his role in a high-profile over-pledging scheme, after lenders found metal they had financed ...

A Chinese aluminum trader involved in a metal inventory scam that caused more than $1 billion in losses has been sentenced to ...

Chen Xi ran ... to life in prison by a court in the eastern province of Zhejiang. Chen Xi, who controlled several trading houses and warehousing firms, was detained in June 2022 over his role ...