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Public  |  active 3 years, 1 month ago

Internet and E-Commerce Attorneys


  1. WebJD

    Arrests made in RMB 50 billion Ponzi scam

    As reported by China’s official Xinhua news agency, authorities in the country have arrested twenty one (21) people on suspicion of using the online peer-to-peer lending platform Ezubao to defraud around 900,000 people of more than RMB 50 billion (USD $7.6 billion) in essentially a giant Ponzi scam. Ezubao was launched by the Yucheng International...

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