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Investors in Fraudulent Wealth Management Plan Repaid
Investors in Fraudulent Wealth Management Plan Repaid
Eighty people have their principal in a bad Huaxia Bank product returned, but it was unclear where the money came from
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(Shanghai) – Investors who bought into a fraudulent wealth management plan got their money back without interest.
About 80 investors have received payments equal to their principal investment, several investors said. They agreed not to seek any interest.
The agreement was reached at a meeting on January 9 at Huaxia Bank's Jiading branch in suburban Shanghai, where the wealth product was sold.
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