China's Bernie Madoff: Con Man or Victim? (8/29/13)
423 views · Published 30 August 2013 · 2:32 · Indexed 19 October 2026
Channel: Nightly Business Report · 2013 · Education
A convicted financier in China, known as "Bernie Madoff of China," was executed by firing squad for defrauding investors in a massive Ponzi scheme. As Eunice Yoon reports for NBR, his case is now raising questions about China's criminal justice system and the financial systems that allowed the Ponzi scheme to happen in the first place.
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