Tagged: redaiwang

Jail Time: 41 Peopled Locked Up for Baiyin Wealth Co. P2P Fraud in China

In what is being described as Shanghai’s “first and high profile” peer to peer lending fraud case, 41 people associated with Baiyin Wealth Co. have been imprisoned according to China News. The case included the theft of approximately 700 million yuan or about USD $10.2… Read More

Send this to a friend