Death Sentence Given for Woman in Ponzi Scam
A former high-flying businesswoman was sentenced to death in Zhejiang Province for orchestrating a massive Ponzi scheme. The scam lifted 770 million yuan (US$112.77 million) from 19 investors in less than two years. Jinhua City’s Intermediate People’s Court found Wu Ying, 28, guilty of running the scheme. The court also ordered all of Wu’s personal …