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China Online Finance Platform Qbao.com Head Surrenders To Police

December 28, 2017
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China Online Finance Platform Qbao.com Head Surrenders To Police

December 28, 2017
Zhang Xiaolei, head of China-based online financial platform Qbao.com, and who has been under investigation, surrendered to local authorities on Thursday (Dec. 28). Citing state news agency Xinhua, the DailyMail.com reported Xiaolei surrendered himself to a police station earlier this week. Qbao.com, which enabled members to make investments and has reportedly handled more than $7.65 billion […]