China Securities Regulatory Commission

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DEVELOPING STORY: Phil Ming Xu Of WCM777 May Be Under Arrest In China

DEVELOPING STORY: Phil Ming Xu Of WCM777 May Be Under Arrest In China

UPDATED 3:11 P.M. EDT U.S.A. A report dated today at ShanghaiDaily.com says an individual “surnamed Xu” and associated with “World Capital Market Inc.” is “now in custody” after a police action against a “pyramid scheme” in China. The PP Blog has contacted the U.S. Securities and Exchange Commission to determine if the person reportedly under […]