Sunday, November 26, 2006

Chinese swindlers earned on the ants

Credulous Chinese put 198 million pounds into the fictitious company in the south of China, which promised enormous profit from the realization of project on breeding of ants.

Financial pyramid by the name Donghua Ecological Breeding Co promised to investors dividends in the size from 35 to 60 percent, transfers Reuters with the reference to the Chinese agency Xinhua.

Swindlers used the popularity of black ants among the inhabitants of South China, where they use the insects into the food and is used as medicine for arthritis.

According to the estimation of the ministry of public safety of China, this diagram shows that the swindlers become ever more inventive.

In China a 10-percent increase in the economic crimes is observed. State confiscated the illegally nazhitykh means for the sum more than billion dollars in the course of the approximately 60 000 criminal cases about the swindle and the financial pyramids.

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