EconomicPolicyJournal.com: A 29 Year Old Female Mini-Bernie Madoff in China Gets the Death Sentence: "Here's shocking news out of China.
Twenty-nine year old Wu Ying has been sentenced to death for borrowing money outside approved channels. It's likely she was running some kind of Ponzi scheme, Economist says she was offering 80% annual returns, but technically she was convicted of borrowing money from non-government approved sources.
For sure, a death sentence for running a Ponzi scheme does seem shockingly harsh, but the technical charge used against her seems to be a charge that could be used against many entrepreneurs operating in China."
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