反 反贼网
Topic index / Financial Fraud
F

Financial Fraud [machine]

Themes

Content 3 · Events 13

Netizen Exposes China Post Tongchuan Branch for Long-Term Wage Deductions and Forcing Employees into Financial Fraud

10.21 ·Reported ·Importance II ·Sources 1 ·Tongchuan

A netizen submitted a post claiming that employees at China Post's Tongchuan City, Shaanxi Province branch have received no overtime pay for decades, have often had wages deducted on the pretext of inspections, have been forced to buy third-party products at their own expense, and that leaders, in order to earn commissions, pressure employees into engaging in financial fraud.

U.S. Court Sentences Two Chinese Citizens to Prison in Apple Return Fraud Case

08.28 ·Reported ·Importance II ·Sources 1 ·美国加利福尼亚州

The U.S. District Court for the Central District of California sentenced Huang Wenhui to 78 months in prison and Song Yang to 57 months, and ordered both to pay restitution; prosecutors said the fraud caused Apple losses of at least $16.2 million.

Online Lending Platforms Juxiaohua and Yikoudai Withhold Repayments, Then Collapse, Leaving Many Users with Overdue Credit Records and Debt Collection

06.25 ·Verified ·Importance III ·Sources 3 ·China

In late June 2026, the "Juxiaohua" and "Yikoudai" platforms operated by Liaoning Orange Digital Technology collapsed. After a large number of borrowers repaid their loans, the platforms maliciously withheld the funds and failed to forward them to the lending financial institutions, leaving dozens of overdue loans on the borrowers' records and subjecting them to intensive debt collection.

U.S. SEC Publishes Settlement Order Against Wu Zheng

2024.08 ·Verified ·Importance IV ·Sources 1 ·United States

The U.S. Securities and Exchange Commission released a settlement order against Wu Zheng, finding that during his tenure at Edison Max he concealed related-party transactions and used a listed company's money to pay off his own debts.

Prosecutors Submit Superseding Indictment, Adding RICO Charges

2024.01.04 ·Verified ·Importance IV ·Sources 2 ·New York, United States

Prosecutors submitted an update to the original indictment, adding Racketeer Influenced and Corrupt Organizations Act (RICO) charges and framing Guo Wengui's four alleged distinct fraud schemes as the manifestation of a criminal enterprise.

FBI Arrests Guo Wengui and Wang Yanping

2023.03.15 ·Verified ·Importance IV ·Sources 2 ·New York, United States

FBI agents arrested Guo Wengui and Wang Yanping in Manhattan, USA, and seized a large amount of cash from Wang Yanping's apartment. On the same day, the U.S. Attorney's Office for the Southern District of New York released a twelve-count indictment against Guo Wengui.

A Fire Breaks Out at Guo Wengui's Residence

2023.03.15 ·Verified ·Importance III ·Sources 1 ·New York, United States

At the same time the FBI arrested Guo Wengui, a level-two fire broke out at his residence, forcing FBI agents to evacuate. Later investigations concluded that the fire was arson.

Cosar Sentenced and Penalized by US and UK Regulators for Spoofing

2013 ·Verified ·Importance III ·Sources 1 ·United States

Cosar was fined $2.8 million by the US and £600,000 by the UK, and sentenced to three years in prison for harvesting profits in the commodity market by placing fake large orders to lure followers and then instantly canceling them.

Related coverage

No articles yet

Related discussions
Related topics

Permalink:/t_wfz4uc