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Strategies & Market Trends : Asia Forum
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To: Bill Ounce who wrote (7466)11/12/1998 10:17:00 AM
From: Bill Ounce  Read Replies (1) of 9980
 
SCMP -- Beijing protest over futures scam
scmp.com

Beijing protest march boldest since 1989

REUTERS in Beijing

Disgruntled investors cheated in a
multimillion-dollar futures scam marched
through Beijing yesterday in one of the
boldest protests since the 1989 Tiananmen
Square massacre.

[...]

Thousands of Chinese workers invested
their life savings with Beijing-based
Xinguoda Futures, lured by the promise of
monthly interest payments of up to 30 per
cent.

[...]
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