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China's $7.6 billion Ponzi scam highlights growing online risks

Posted February 3, 2016 BusinessMediaguide.Com

BEIJING (Reuters) – Once China’s biggest peer-to-peer (P2P) lending platform, Ezubao collected 50 billion yuan ($7.6 billion) in less than two years from more than 900,000 investors through savvy marketing and the promise of big returns.

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Source : Reuters

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