200 Million Investors May Have Lost Everything In Largest Ponzi Scheme In China’s History

According to the Asia Times, at the height of its business operations, online investment company, Qbao.com, had around 200 million registered users. With its “get rich quick” promises and tantalizing tales of up 80% returns, the company had a cult-like following with investors known as Baofen or fans of Qbao, not to mention potential clients […]
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