InvestorsHub Logo
Followers 183
Posts 7856
Boards Moderated 0
Alias Born 02/06/2010

Re: PennyStockInvestor post# 65482

Sunday, 05/25/2014 4:31:50 PM

Sunday, May 25, 2014 4:31:50 PM

Post# of 221915
U.S. Officials: China Refuses to Help Stop Investment Scams

The Chinese government snubbed a U.S. request for help in cracking down on a string of alleged investment frauds that have cost Americans billions, outgoing Securities and Exchange Commission Chairman Mary Schapiro told ABC News.

The lack of cooperation has stymied efforts to recoup investor losses, she said, in one of the largest sprees of alleged financial crimes in recent memory -- one that has gone largely unnoticed by most Americans.

http://abcnews.go.com/Blotter/us-investors-lose-billions-alleged-chinese-stock-schemes/story?id=18164787

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.