P2P Cracks Start To Show As LendingClub Write-Offs Double Forecasts
Peer-to-peer lending is probably a bad idea.
Securitizing peer-to-peer loans is definitely a bad idea.
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P2P
More "P"onzi-2-"P"onzi Blowups "Just A Matter Of Time" In China, Experts Warn
In early December, Ding Ning and his girlfriend Zhang Min were planning to make a run for it.
The couple had come to the end of the road with the massive fraud they were running through P2P lender Ezubo, which bilked some 900,000 people out money making it the largest ponzi scheme by number of victims in history.