Skip to comments.'Chinese Warren Buffett' facing charges of fraud
Posted on 06/11/2009 2:24:09 AM PDT by Cindy
Note: Photo included.
PHOTO CAPTION: "Businessman Weizhen Tang has been accused of taking more than $40 million from more than 100 investors."
"Weizhen Tang to defend against Ponzi allegations"
Jun 11, 2009 04:30 AM MADHAVI ACHARYA-TOM YEW BUSINESS REPORTER
SNIPPET: "The charges include securities fraud, unregistered trading in securities, illegal distributions of securities and making prohibited undertakings with the intention of effecting trades in securities, which were alleged to have taken place between Jan. 1, 2006, and March 31, 2009. The province's Securities Act states that no person or company can give written or oral representations on the future value or price of a security."
(Excerpt) Read more at thestar.com ...
The Chinese chumps who got stung got nothing on Madoff’s victims.
Don't they mean 'Chinese Bernie Madoff'?
After a speedy trial he will be dead within hours. Case closed.
The wheels on the death bus go round and round.....
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