Caixin
Jan 23, 2013 04:26 PM

Investors in Fraudulent Wealth Management Plan Repaid

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(Shanghai) – Investors who bought into a fraudulent wealth management plan got their money back without interest.

About 80 investors have received payments equal to their principal investment, several investors said. They agreed not to seek any interest.

The agreement was reached at a meeting on January 9 at Huaxia Bank's Jiading branch in suburban Shanghai, where the wealth product was sold.

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