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Anorak | 99-Year-Old Zhou Zhiping On Trial For 130 Trillion U.S. Dollars Fraud

99-Year-Old Zhou Zhiping On Trial For 130 Trillion U.S. Dollars Fraud

by | 5th, February 2009

IN the Beijing Times 99-year-old Zhou Zhiping is up before the Beak, charged with robbing a Mr Chen of 749,000 yuan.

Zhou is the “oldest suspect in Beijing on record.”

It is alleged that Zhou claimed to be Li Liejun, a revolutionary who once followed Sun Yat-sen and was later appointed by Chiang Kai-shek as the governor of Jiangxi Province. Li died in 1946.

Zhou claimed that before Nationalist Party’s high-level officials fled China in 1949, they stashed a large number of American government bonds in overseas banks.

Those assets were now valued at over 130 trillion U.S. dollars. Zhou told Chen that to get the money he required a “key”, which get this number of 1996

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Posted: 5th, February 2009 | In: Money Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink