Pursuits

Heard of China’s Fake Rolexes? Now There’s a Fake Goldman Sachs

Shenzhen Firm Calls Itself 'Goldman Sachs'

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China has been accused of pirating movies, handbags, Rolexes -- even cars. Add Goldman Sachs to the list.

Goldman Sachs (Shenzhen) Financial Leasing Co. has been operating in the city just across the border from Hong Kong using a nearly identical English and Chinese name as the New York-based financial institution, Goldman Sachs Group Inc. It claims on its website to be one of the city’s largest financial leasing firms.