P2P Lending Regulation Looms as China’s Ezubao Ponzi Scheme Unravels

P2P Lending Regulation Looms as China’s Ezubao Ponzi Scheme Unravels

Peer-to-peer lending has become an emerging trend in various countries around the world. Especially in China, things seemed to be heating up, thanks to a company called Ezubao. But at the same time, rumours started surfacing this company’s intentions were less than honorable. At it turns out, Ezubao was nothing more than a Ponzi Scheme, hurting the....


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