Ponzi Scheme In China Stole $7.6 Billion From Investors, Police Say

(where there is BIG money to be made, there are always people scheming to do illegal activities) 

The case is the largest fraud ever reported in China. If it had occurred in the U.S., it would rank behind only the $17 billion in investments that Bernie Madoff stole, and narrowly ahead of the $7.2 billion fraud perpetrated by Robert Allen Stanford.



http://www.npr.org/sections/thetwo-way/2016/02/01/465127836/ponzi-scheme-in-china-stole-7-6-billion-from-investors-police-say

Last edited by tennyson (2/21/2016 10:21 am)