Chinese Authorities Search Region for P2P Fraudsters

Operation Fox Hunt is the coordinated effort by Chinese police to search the region to find p2p fraudsters as the government continues their crackdown on the market; so far the operation has helped find more than 62 people in 16 countries with over $1.5bn in assets being frozen; by the end of 2019 there could be about 50 platforms left, this would be down from a high of more than 2,000 just a couple of years ago; investigators believe that some executives have fled overseas to avoid paying back investors. Source.

  • Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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