Published: Nov 26, 2023, 05:20 IST | Updated: Nov 26, 2023, 05:20 IST
Beijing police are investigating suspected crimes committed by Zhongzhi Group, a leading Chinese wealth manager. This comes just days after the company told investors it is heavily insolvent with up to $64 billion in liabilities. A social media post from Beijing authorities said it is looking into "many" suspects involved with the company. It encourages investors to report their losses & help the authorities with the investigation.