Italian prosecutors seek to indict Bank of China, 297 people

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FILE- In this April 15, 2015, file photo, residents walk past the Bank of China branch in downtown Milan, Italy. Italian prosecutors are seeking to indict over 200 people and the Bank of China in connection with a massive money-laundering investigation reported by The Associated Press earlier this month. Prosecutors said more than 4.5 billion euros ($5.1 billion) in proceeds from counterfeiting, prostitution, labor exploitation and tax evasion was sent to China in less than four years using a money-transfer service part-owned by Chinese migrants. (AP Photo/Antonio Calanni, File)

SHANGHAI (AP) — Italian prosecutors are seeking to indict 297 people and the Bank of China in connection with a massive money-laundering investigation reported by The Associated Press earlier this month.

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