Although the case was reported to police back in February, it's getting plenty of coverage perfectly timed to coincidewith this week's SEC hearings into the risks of investing in PRC companies listed on NASDAQ ...
"Lenders to the Nasdaq-listed jewelry maker reportedly have discoverd that 83 tons of gold used to borrow billions appear to be copper alloy bars."
Lovely denial from the company's chairman: "How could it be fake if insurance companies agreed to cover it?"
https://realmoney.thestreet.com/inve...loans-15365197