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Canadian securities regulators fined Meiyun Zhang $3.3M for defrauding Chinese students of $1.7M.
The British Columbia Securities Commission fined Meiyun Zhang $3.3 million for defrauding Chinese students between 2014 and 2016.
Zhang promised high returns with no risk but used the funds for personal expenses, gambling, and bills, causing victims to lose $1.7 million, leading to health issues and financial struggles.
She is now banned permanently from the investment market.
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Los reguladores de valores canadienses multaron a Meiyun Zhang $3,3 millones por defraudar a estudiantes chinos de $1,7 millones.