CHINA TOPIX

12/22/2024 05:20:21 pm

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Wangzhou Fortune

Chinese Businessman Faces Investigation For Taking 1 Billion Yuan of Investors' Money

Chinese Businessman Under Investigation for Allegedly Taking Investors' Money to Vacation

The chairman of a Chinese business management company is funder investigation after disappearing for ten days. He is also accused of taking 1 billion yuan ($153 million) of investors' money.

China Scraps Yuan Peg To US dollar

Disappeared Hangzhou Wealth Manager Denies Accusations of Stealing 1 Bln Yuan

Wangzhou Group chairman Yang Weiguo, who was reported as missing, has denied all accusations made to him in regards to a huge amount of money missing from his company

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