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Police crackdown highlights China's Ponzi problems

Toby Yiu
Industry observers expect to see stricter regulations imposed on internet financing firms after the closure of online P2P platform Ezubao.
Police crackdown highlights China's Ponzi problems

A police move to shut down Ezubao, an online peer-to-peer (P2P) Ponzi scheme, has become emblematic of efforts to crack down on a practice that has become rife in China.

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