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Clyde Slick Clyde Slick is offline
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Default Con man executed for $416 million ant-breeding scam

On 14 Dec, 17:52, "BretLudwig" wrote:
Con man executed for $416 million ant-breeding scam

"From the International Herald-Tribune:


* * China has executed a businessman convicted of bilking thousands of
investors out of $416 million in a bogus ant-breeding scheme, state media
reported Thursday. The official Xinhua news agency said Wang Zhendong, who
had been found guilty of fraud and sentenced to death in February 2007, was
executed in Liaoning Province on Wednesday.

* * Wang, chairman of Yingkou Donghua Trading Group, had promised returns
of up to 60 percent for investors who purchased ant-breeding kits from two
companies he ran.


duh mikey lost 50 thousand in the scam.
not to worry, he won't grow hungry

http://1.bp.blogspot.com/_OYJy4xdw4p...h/IMG_0626.JPG