Death for an ant-selling pyramid scheme. Only in China:BEIJING (Reuters) - A Chinese man has been sentenced to death for conning people out of 3 billion yuan ($387 million) in a giant scam to breed ants, local media said on Thursday.Wang Zhendong, from... ...full story at Imagethief
from Imagethief on Fri, Feb 16 2007
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| 22 Feb 08 |
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[Channel 4 News] Chinese ant farmers left with crumbs »
YouTube video By Lindsey Hilsum:
"Aphrodisiacs, ants and a million investors facing ruin ... the collapse of a giant pyramid selling scheme is taking the gloss off China's roaring economy.
Government officials endorsed a company that got people to buy boxes of... |
| 18 Jun 08 |
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Ant scam ends in sentence of death » Shanghai Daily A BUSINESSMAN was sentenced to death with a two-year reprieve yesterday for swindling more than 33 million yuan (US$4.7 million) from investors in a bogus ant-breeding scheme, a court in Nanjing, Jiangsu Province,... |
| 18 Jun 08 |
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Man gets death sentence for ant-breeding scam » Shanghai Daily A BUSINESSMAN was sentenced to death with a two-year reprieve yesterday for swindling more than 33 million yuan (US$4.7 million) from investors in a bogus ant-breeding scheme, a court in Nanjing City ruled, according... |
| 25 Oct 07 |
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Two arrested for extorting one billion yuan in N China pyramid selling scam » People's Daily Two people have been arrested in north China's Inner Mongolia Autonomous Region for extorting 1.2 billion yuan (160 million U.S. dollars) from investors through an illegal pyramid selling project involving a suspect a forestation investment ... |
| 18 Nov 08 |
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Man sentenced to death for killing lover » Shanghai Daily A MAN was sentenced to death for strangling his lover to death and causing an explosion that injured three people in August 2007, Beijing No. 2 Intermediate People's Court ruled, a local newspaper reported today. The... |
| 24 Apr 09 |
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China post official gets death for stealing $190 mln » People's Daily A southern China post office director was sentenced to death Friday for siphoning more than 1.3 billion yuan (190 million U.S. dollars) from customers to help payoff her gambling debts, local court said. He Liqiong, 45, a former manager of Chancheng... |
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