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2012/04/06

Chinese woman sentenced to death for 'cheating' Investors

-The Chinese are equal opportunity executers!
 
Perhaps the Bernie Madoffs of the world would think twice about engaging in their Ponzi schemes if there was a chance they'd be executed for their crimes.
A 30-year-old Chinese woman was sentenced to death by a court in Wenzhou for "cheating" investors of 100.11 million yuan ($16 million) losing 94 million yuan in futures and gold trading, the official Xinhua news agency reported on Friday.

The death sentence for Wang Caiping - who must first serve two years in prison - came days after Beijing launched a pilot program in Wenzhou to tame the informal private lending market to which the city's renowned entrepreneurs often turn.

Chinese woman sentenced to death for 'cheating  - American Thinker



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