After iPod, Hugo Boss and Ferrari knockoffs, China brings us fake bank

This is a story that could only happen in China, where with the slight opening of the communist laws, come also slight openings in common sense and huge openings in shady entrepreneurship.

Imagine a 41-year old Chinese rice merchant named Lin Chunping, who decided he wanted to raise his social status and to win future opportunities in banking. He thereby expertly forged magazine articles and documents to claim he had bought the bankrupt Atlantic Bank of America in Delaware out for 100 million Yuan. The problem though was that there was no Atlantic Bank of America in Delaware. The 41 year old businessman/actor was arrested earlier this month over fraud charges.

It’s important to note that last year, Chinese officials found five fake Apple stores in the southwestern city of Kunming that were exact replicas of the US company’s legendary stores, including the glass steps and Apple Geniuses.

[Source]

 

About the author: Luca Colonnese

 

Limited production music, fiction and comedy. Actually, very limited. To follow on Twitter: Child of Gla55

Website: http://www.childofglass.ca

 

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