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Zhuhai tech firm under fire for alleged fundraising scam

Summary by Macau Business
A technology company has been found to have illegally raised money from the public in Zhuhai, local authorities have announced. According to the announcement dated 20 February (Thursday), six suspects, including the mastermind, have been arrested amidst an initial probe. It is believed that the company allegedly created a mobile application as part of the scheme. The security authorities have urged investors to come forward within 60 days, bring…
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Macau Business broke the news in on Monday, March 24, 2025.
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