P2P lending scams

China in Focus (Dec. 2): 10,000 Victims Protest P2P Lending Scams

Thousands of Chinese peer-to-peer (P2P) lending companies went bankrupt. Millions of people lost their money. Some say it was due to misplaced trust in the authorities. A Chinese woman used ...

December 3, 2020BY NTD Television
Beijing Further Cracking Down on P2P Industry and Its Victims: Leaked Documents

China has started shutting down the popular internet finance platform P2P (peer-to-peer lending) since 2018. Just five years ...

September 17, 2020BY Alex Wu
China’s Online Lender Dianrong Blames Chinese Regime for its Woes

SINGAPORE—Dianrong, one of China's biggest peer-to-peer (P2P) lenders, is laying off staff and shutting stores. The company blamed ...

March 18, 2019BY Reuters
China P2P Lender Dianrong Closing 60 Stores

SINGAPORE—Dianrong, one of China's biggest peer-to-peer (P2P) lenders, is shutting down 60 of its 90 offline stores and ...

March 1, 2019BY Reuters