Trial Begins in Beijing for Ezubao Fraud Case

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

Author

Sign In