Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
That Jiasen (JSI) is a total fraud is now beyond all reasonable doubt. I actually have more information on this company which the Nomad (Cairn) and AIM Regulation are sitting on but will they bother to do anything? So how has money been transferred from British investors to the fraudsters back in China?
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Comments
wildrides
Not an investor in any Chinese stuff as the Chinese dont understand the concept of “Win Win” deals and negotiation . It always has to be “they win you lose” They dont seem to get that you only get one bite at the cherry when you carry out Win /Lose deals. Anyway read this article for general interest ………. and totally shocked by the goings on . I do hope these investors can find someone to sue for misrepresentation or something . That French cretin in charge of LSE and thus AIM should be sacked . He has allowed AIM to make the UK market a laughing stock around the globe . If its too good to be true it always is with Chinese and with most other countries . They just dont have the Brits and the US sense of fair play and win win mentality to trading business.