Death penalty over China ant scam
Posted on February 15th, 2007 by BRiT
A Chinese company chairman has been sentenced to death for running a scam involving giant ants.
Wang Zhendong promised investors returns of up to 60% if they put money into the fictitious ant-breeding project, the court heard.
Wang, from Liaoning province, raised 3bn yuan ($390m; £200m) in three years, prosecutors said.
The ants are used in traditional [...]
No Comments »
Filed under: Bizarre, Dumbass, Funny Bone, Other, Paranormal / UFO