Financial damage done by pyramid schemes in China 2017, by pyramid scheme

Published by C. Textor, May 28, 2020
This statistic illustrates the total financial damage done by pyramid schemes in China by 2017, broken down by pyramid scheme. Ezubao, a Ponzi scheme that operated in China between 2014 and 2015, had caused an estimated 59.8 billion yuan damage by the time it was closed down in 2016.

Financial damage caused by Ponzi schemes in China as of 2017, by Ponzi scheme (in billion yuan)

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Release date

February 2018

Region

China

Survey time period

1999 to 2017

Supplementary notes

Note: 1 yuan equals approximately 0.15 U.S. dollar and 0.13 euros (as of July 2018).

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