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China investors lose US$1.2b in alleged Swiss scam

They were lured by returns of as much as 10% a month from currency trading


STREET protests in Beijing and Hong Kong. Chinese investors flying 8,000 kilometresshow up on doorsteps in Geneva and demand their money back. It's the fallout so far from an alleged scam that its victims say robbed 29,000 Chinese investors of US$1.2 billion.

They were