The emergence of China as an economic superpower

According to the China Banking Regulatory Commission fraud and other irregularities amounted to $95.9 billion, up 31% from 2004.

I'm totally at a loss here.

How do people steal so much money? How do they get away with it?

If they know how much was stolen, or lied about, don't they know who stole or lied about it? Surely they do.

What is the follow through? where did the money go? Do they have to give it back?

The only thing I can imagine that would be worse than people stealing that much, is controls so lax that it could be done.

I don't want my money in a Chinese bank. Sorry...it was your money that got stolen.

Somebody smarter than me, and that's a whole lot of people, please tell me how so much money can come up missing.