Au­thor­i­ties swoop on on­line fi­nance firm

China Daily (Canada) - - BUSINESS -

Au­thor­i­ties have cracked down on an In­ter­net fi­nance busi­ness re­ported to have at­tracted bil­lions of dol­lars from mil­lions of in­vestors since 2014, adding to probes span­ning bro­kers, money man­agers and reg­u­la­tors. Ezubo— the name means easy-to-lease— is be­ing in­ves­ti­gated for al­leged il­le­gal oper­a­tions, the on­line plat­form said. The plat­form and its af­fil­i­ates owned by Jinyirong

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