Post by Maestro on Feb 1, 2016 9:37:52 GMT
Keep an eye out for diggers..
www.ft.com/intl/cms/s/0/4ca011f4-c88f-11e5-a8ef-ea66e967dd44.html#axzz3yuJCUCNU
It is the biggest scam yet to emerge from China’s unruly and largely unregulated peer-to-peer lending sector, part of the country’s shadow banking sector. Police had to use two excavators to uncover some 1,200 account books that had been buried deep below ground, according to Xinhua.
www.ft.com/intl/cms/s/0/4ca011f4-c88f-11e5-a8ef-ea66e967dd44.html#axzz3yuJCUCNU
It is the biggest scam yet to emerge from China’s unruly and largely unregulated peer-to-peer lending sector, part of the country’s shadow banking sector. Police had to use two excavators to uncover some 1,200 account books that had been buried deep below ground, according to Xinhua.