Posted inBeijingChina

Peering into the murky world of China’s online P2P sector

The numbers were mind-boggling. The fallout was mind-blowing. During an 18-month period, Ezubo swindled up to 900,000 investors out of 50 billion yuan (US$7.7 billion). In one of the country’s highest-profile court cases, the founders of what was once China’s largest peer-to-peer lending platform, Ding Ning and his younger brother Ding Dian, were jailed for […]