All Stories: financial scam

It stressed the need to be cautious and to remain beware of falling into investment risks, signing up to, or dealing with suspicious websites

SHANGHAI: Chinese police have arrested 21 people involved in the operation of peer-to-peer (P2P) lender Ezubao, the official Xinhua news agency said on Monday, over an online scam it said took in some 50 billion yuan ($7.6 billion) from about 900,000 investors.