Replies to post #31863 on China MediaExpress Holdings, Inc. (fka CCME)

[newblsh]

"illegal fund-raising", if the amount is huge and it causes a lot people lose money (like Madoff scandal in here), the penalty will be death in China. There were a few death penalty cases like this in China in last few year. But Starr CCME case is different from that. Cheng did not do "illegal fund-raising". CCME raised fund with the help of brokerage and was allowed or approved by SEC.

[floridahockeyman]

thanks, but were the victims of this fraud primarily Chinese investors or non-Chinese investors?