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Trial Begins in Beijing for Ezubao Fraud Case
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Trial Begins in Beijing for Ezubao Fraud Case

Trial Begins in Beijing for Ezubao Fraud Case

Fintech Nexus Staff·
News RoundupOnline Lending
·Dec. 19, 2016·1 min read

The court case for Ezubao has begun in Beijing; Ezubao and affiliated companies will be on trial for fraudulent investment of approximately 60 billion yuan ($8.6 billion); Ezubao’s owners, Yucheng Holdings and Yucheng Global, were highly involved with the investments and will be on trial along with numerous other people associated with the fraudulent investment activities.  Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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