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Head of Multi-Billion Dollar Fund Empire Faces ‘Illegal Fundraising’ Investigation

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* The 38-year-old controller of the company, identified only by his surname Wei, was put under “criminal coercive measures” on Sunday * An investor in the company told Caixin that the person referred to in the police statement is JC Group founder Jay Wei The head of a private fund…

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Click here to read the full story: Caixing Global

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