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August 15, 2007

Scamming the Elderly

A company, licensed in Hangzhou by a group of people led by Changjiang Bao from Hubei province, ripped off 51 older persons for a total amount of 910,000 Yuan within a single month. They told victims that the money were used for “investing in a duck raising project” and promised them “high investment returns.” Once they got the money, they ran away. A few days ago, the Hangzhong Police arrested the group led by Changjiang Bao and Jinyan Feng


Source: GAA article in Chinese

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DISCLAIMER

Any Charges Reported on this blog are Merely Accusations and the Defendants are Presumed Innocent Unless and Until Proven Guilty.

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