China police arrest 21 over US$7.6b scam

  • 20 Jun 2016
  • 2,131 views

China's state media has reported that Chinese police have arrested 21 people involved in the operation of peer-to-peer (P2P) lender Ezubao. The arrests are linked to an alleged online scam which reportedly took some 50 billion yuan (US$7.6 billion) from about 900,000 investors.

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