Ponzi scheme founder flees with ‘investors’ US$1m

THE founder of an online Ponzi scheme, E-Creator, has left his clients seething with anger after duping them of large sums of money before vanishing.

In a statement issued to clients yesterday, E-Creator said the company’s founder Zhao Jiaotong, had fled the country with their savings.

“Due to his departure, E-creator was forced to close.

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