Ezubao : Chinatopix

Home > Ezubao

Ezubao

Authorities Create Website to Aid $7.6 Million Ezubao Investigation

Feb 15, 2016 10:53 AM EST

The Ministry of Public Security of China has created a website to aid the investigation of Ezubao, which is being charged of swindling over 50 billion yuan ($7.61 billion) from over 900,000 investors.

Today Chinese police took into custody 21 people from online financial company Ezubao. For allegedly fleeing more than $10 billion from its millions of investors.

Online Financial Company Ezubao Faces Crackdown for Stealing More Than $10 Billion in Ponzi Scheme

Girish Shetti |

Feb 02, 2016 08:48 AM EST

Chinese police on Tuesday took 21 employees of online financial company Ezubao into custody for allegedly stealing more than $10 billion from millions of investors.

China Busts US$8 Billion Online Investment Scam

Mars Woo |

Feb 01, 2016 02:56 AM EST

Chinese authorities have arrested 21 people who were allegedly involved in one of the biggest online investment scams in the country, which has duped nearly a million investors.