There is a fake Goldman Sachs operating in Shenzhen, China.
The fake Goldman Sachs was recently discovered and it doesn’t have any ties to the real Goldman Sachs (GS) located in New York. Goldman Sachs said that it’s looking into the matter. It may consider legal action, but it’s unknown if Chinese courts will listen, reports Mashable.
Here are a few things to know about the fake Goldman Sachs,a s collected from Mashable.
- The location’s full name is “Goldman Sachs (Shenzhen) Financial Leasing Co.”
- It’s been around since May 2013.
- The company’s CEO is a man named Zhou Linhong and he claims his company isn’t connected to the real deal.
- It’s believed that the fake location may have connections to crime syndicates.
- The fake company uses the characters “gao sheng”, or “high” and “prosperous”, just like Goldman Sacks uses at its Chinese locations.
To learn more about the fake Goldman Sachs that was recently discovered in China, click here.
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