Wednesday, June 20, 2012

LIN CHUMPING TAKES A THUMPING

     Denver Post - Lin Chumping,  a Chinese buyer and seller of rice, has claimed to have paid $60 million for the Atlantic Bank in Delaware.  It  turns out there is no such bank in Delaware and he did not spent $60 million for any such thing as a bank anyplace.  Arrested in China on an unrelated fraud, he  was forced to step down from his "Municipal-level appointment to the Chinese People's Political Consultive Conference", a governmental advisory group.  At least he's gained a reputation for a novel scheme.

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