Chinese man LQ, linked to a $14bn investment scam and Interpol warrant, arrested in Bali on Oct 1.

Indonesian authorities arrested a Chinese man, identified as LQ, in Bali on October 1, wanted by Beijing for a $14 billion investment scam. Detained at Ngurah Rai International Airport, his departure to Singapore was blocked after biometric checks linked him to an Interpol warrant. Authorities are now deciding whether to deport or extradite him to China while verifying his citizenship status. He allegedly defrauded over 50,000 people in a Ponzi scheme.

October 10, 2024
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