Shanghai Police Investigates Online Platforms’ Fundraising

Updated on
  • Two platforms promised 10% yields, security bureau says
  • Jinlu Fund, Dangtian Caifu websites currently inaccessible

Shanghai’s police force has started an investigation into two online platforms after receiving reports from investors that they had been involved in “illegal fundraising,” the city’s Public Security Bureau said.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.