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View Full Version : China Peer-to-Peer Loan Sites Fail as Fraud Climbs, Xinhua Says - Bloomberg



FraudNews
01-13-2014, 05:28 AM
China Peer-to-Peer Loan Sites Fail as Fraud Climbs, Xinhua Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHxwIFSdKzzO12DNlbH9UZANPCRmw&url=http://www.bloomberg.com/news/2014-01-13/china-peer-to-peer-loan-sites-fail-as-fraud-climbs-xinhua-says.html)
Bloomberg
Some Chinese peer-to-peer lending websites collapsed last year and others may need restructuring in 2014 to curb fraud in an industry that has grown rapidly with little regulatory oversight, Xinhua News Agency said. About 800 such online operations ...

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