A file photo of Guo Shengkun, the public security minister. “There are huge risks in new types of financial crime in this era of the internet,” Guo said in a ministry statement. Photo: Ricky Chung

China declares war on get-rich schemes, citing risk of social unrest

Public Security Minister Guo Shengkun says operators could trigger instability when their promises of sky-high returns fall flat

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A file photo of Guo Shengkun, the public security minister. “There are huge risks in new types of financial crime in this era of the internet,” Guo said in a ministry statement. Photo: Ricky Chung
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