Fraud

The authorities call them “business cults”. Tens of millions of people are ensnared in these pyramid schemes that use cult-like techniques to brainwash their targets and bilk them out of their money.

The authorities call them “business cults”. Tens of millions of people are ensnared in these pyramid schemes that use cult-like techniques to brainwash their targets and bilk them out of their money.

Shilan Zhao, former wife of fugitive Chinese official Jianjun Qiao, pleaded guilty earlier this year to charges by the U.S. government of conspiring to commit immigration fraud related to the EB5 “investor” visa program.

The financial naivety of the public and a collective desire for unfeasibly high returns have helped fuel the proliferation of fraudulent investment schemes in China, according to an academic.

Relations between old rivals China and Taiwan have been shaken again over a foreign extradition case and Beijing’s re-interpretation of a Taiwanese political holiday, stalling any prospects for dialogue or cooperation.

Ai Weiwei's lawyer sentenced for 'fraud'

Rights activists and Taiwan say the plan reflects the great influence Beijing exercises over Cambodia through aid and investment.

The aid worker, Peter Hahn, who is 73 and escaped from the North many years ago, is suspected of embezzlement and possession of fraudulent receipts, said the lawyer, Zhang Peihong.

Foreign lenders in China have been stung by a string of suspected fraud cases and problem loans in the country as Beijing investigates company executives and seizes assets in a crackdown on corruption.

China has uncovered $10bn worth of fake trades as part of a nationwide crackdown on companies. The nation's currency regulator said 15 fraud cases had been handed over to the police for prosecution.

Pei-Shen Qian, a quiet 73-year-old immigrant from China, is suspected of having fooled the art world by creating dozens of works that were modeled after America’s Modernist masters and later sold as their handiwork for more than $80 million.&...

For ambitious Chinese parents, the opportunity was too good to miss – even with its 100,000 yuan (£9,950) price tag. Their children would learn to read books in just 20 seconds and identify poker cards by touch. The most talented would instantly see...

If you pay attention either to China or the art market, you’ve probably heard the story: China last year became – according to art industry experts – the world’s largest market for art and antiques, surpassing the USA. Well, here’s a shocker: it isn...