PDA

View Full Version : Alibaba To Pay $1.7M In Compensation To Fraud Victims - CapitalVue



FraudNews
02-23-2011, 09:58 AM
http://nt3.ggpht.com/news/tbn/r0aOvHydT84SKM/0.jpg
The Guardian (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHwDiqbyqyF-kF78Nul_T07WWsSng&url=http://www.guardian.co.uk/business/2011/feb/21/alibaba-chief-resigns-over-frauds)
<img alt="" height="1" width="1" />
Alibaba To Pay $1.7M In Compensation To Fraud Victims (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFCWST7Ee9AUlrkhfAR-KxS0OJ_HA&url=http://www.capitalvue.com/home/CE-news/inset/@10063/post/1309171)
CapitalVue
The company will pay compensation totaling $1.7 million to the victims of the fraud, which involves nearly a thousand Chinese suppliers. Lu Zhaoxi, the CEO of Taobao.com, will replace Wei as the company&#39;s chief executive. According to the results of ...
Alibaba shares tumble as CEO takes blame for fraud (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHcpP2lRCewGbYCj2CKcOZiTo4Rgg&url=http://www.businessday.co.za/articles/Content.aspx?id%3D135146)Business Day
Alibaba looks to restore image after CEO quits amid fraud case (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHCW4gndvhECkCwzaGv0pBtqX1vsA&url=http://www.computerworld.com/s/article/9210620/Alibaba_looks_to_restore_image_after_CEO_quits_ami d_fraud_case)Computerworld
China&#39;s E-Commerce Giant Alibaba.com Hit Hard by Fraud Scandal (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNELwEHnmXFfDN9RCsMUT-voMfSm5A&url=http://www.staho.com/china%25E2%2580%2599s-e-commerce-giant-alibaba-com-hit-hard-by-fraud-scandal/2011869/)Staho
TMCnet (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHg8V8qgZjzitIqUxjbkXSM3JxlKQ&url=http://it.tmcnet.com/topics/it/articles/147414-two-top-officials-quit-posts-alibabacom-after-fraud.htm) -Radio Free Asia (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE_UuNiAFWrtMQSl1T5Oz9ZpK7K_Q&url=http://www.rfa.org/english/news/china/scandal-02222011163424.html) -Fortune (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNER7Smse_g9uX5iW_Pcxzo7UIovaQ&url=http://tech.fortune.cnn.com/2011/02/22/why-alibabas-ceo-had-to-go/?section%3Dmagazines_fortune)
all 326 news articles &raquo; (http://news.google.co.za/news/more?pz=1&ned=en_za&ncl=dGn9zSzXn_8ajlMU_UrSspDhrU0yM)


More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFCWST7Ee9AUlrkhfAR-KxS0OJ_HA&url=http://www.capitalvue.com/home/CE-news/inset/@10063/post/1309171)