Boss of China Investment Company Zillion Holdings in $5.67 Billion Fund-Raising Fraud has Left China
The boss of a China investment company Zillion Holdings involved in a $5.67 billion illegal fundraising fraud, Wu Zaiping, has reportedly left China.
” Boss of China Investment Company Zillion Holdings in $5.67 Billion Fund-Raising Fraud has Left China “
The investment company Zillion Holdings, without approvals, had raised over $5.67 billion (CNY 38 billion) through peer-to-peer lending and other platforms, and sold wealth management products. Wu Zaiping is the boss of the company while Zillion Holdings’ legal representative, Tao Lei, had been arrested.
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