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Police arrest, repatriate Chinese fugitive over $245m ponzi scheme
Business · BusinessDay ·

Police arrest, repatriate Chinese fugitive over $245m ponzi scheme

Authorities have arrested and repatriated a Chinese fugitive accused of orchestrating a Ponzi scheme valued at $245 million. Following the arrest, the suspect was returned to China to face legal proceedings for the alleged financial fraud. The operation demonstrates a collaborative effort between law enforcement agencies to address international economic crimes.

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