Ding Ning was convicted of fraudulent fundraising, among other crimes. Photo: SCMP Pictures

China’s ‘Bernie Madoff’ jailed for life for huge fundraising fraud

Ding Ning was the head of Ezubao, a fraudulent online finance firm that duped investors out of more than US$7.7 billion, according to state media reports

Topic |   Scams and swindles

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Ding Ning was convicted of fraudulent fundraising, among other crimes. Photo: SCMP Pictures
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