Red Scam

Don't mention the scam:

At the heart of the controversy is the Shandong Jianghaihui Financial Group, a government-supported investment company headquartered in Shandong province. The company abruptly ceased operations in March, and its founder fled to the United States along with his wife. Roughly 100,000 small investors were angered to discover their $2.74 billion in investments went up in smoke when the financial group dissolved. When the Chinese government seemed disinclined to do anything about it, the defrauded investors began talking to reporters — and the government very quickly did something about them. Radio Free Asia (RFA) reported on Wednesday that dozens of victimized depositors, most of them women, have been detained by the police after they tried to get around the Communist regime’s embargo on news coverage of the Shandong Jianghaihui story by talking to foreign reporters, including RFA itself. “All the people who had contacted you from here were detained,” a source in Shandong told RFA. “They said we were being used by international anti-China forces and that we were all committing crimes.” According to RFA’s sources, Chinese police looked for news reports about the Shandong financial collapse on foreign websites, got the names of the sources for their stories, and started rounding them up. Some of the unfortunate depositors were released within a matter of days, while others are in detention to this day.

The problem with one Chinese investment is that you want to kmake another one an hour later...