A court in Beijing handed down a life sentence for the mastermind behind the $9 billion Ezubao financial Internet scam and sentenced 26 others to...
Since China launched an inquiry into Ezubao, an online lending platform, it has recovered more than $1.5 billion of illegal assets. Reuters, citing the official...
In the latest Ponzi scheme of size and of headlines, the news of a $7.6 billion fraud emanating out of China exposes the risks of...