Tuesday, 24 October 2017

Korean Banks Sue Newegg, Allege Massive Fraud, ‘Classic Ponzi Scheme’

NewEgg

A major lawsuit claims Newegg, ASI Corp, engaged in fraudulent transactions and built a major Ponzi scheme, defrauding four South Korean banks in the process.

The post Korean Banks Sue Newegg, Allege Massive Fraud, ‘Classic Ponzi Scheme’ appeared first on ExtremeTech.



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