Reported about 1 year ago
The Zhan Yun fund-raising case, which involved over 18.2 billion yuan and affected nearly ten thousand people, has been ongoing for more than 2 years. Creditors formed an association to seek justice, only to find suspicious dealings between Zhan Yun and a company under the National Treasure Group. The creditors accused the company of draining their assets through questionable practices, with a recent court ruling adding to their despair. The case dates back to a decade ago, involving enticing investments in cemetery projects promising high returns, leading to significant losses for investors.
Source: YAHOO