12 sui­cides by in­vestors pre­vented

China Daily (Canada) - - FRONT PAGE -

Three ven­ture cap­i­tal­ists were ar­rested after 12 of their in­vestors at­tempted sui­cide in north China’s Shanxi prov­ince, lo­cal au­thor­i­ties said..

The trio from ven­ture cap­i­tal firm Shanxi Heli were ar­rested for il­le­gal fundrais­ing.

The case caused pub­lic at­ten­tion after 12 cheated in­vestors climbed onto the top of the six-story of­fice build­ing of the de­vel­op­ment and re­form com­mis­sion of Shuozhou city Sun­day morn­ing, with the in­ten­tion to jump off. They were later stopped by lo­cal po­lice, fire­fight­ers and of­fi­cials.

An of­fi­cial with the pub­lic­ity depart­ment said the 12 peo­ple were seek­ing gov­ern­ment in­ter­ven­tion after Ma Aibin, the boss of Heli, took off with their in­vest­ment money.

Po­lice didn’t give de­tailed in­for­ma­tion about the three sus­pects. They are hunt­ing for Ma, who is still on the run.

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