02-15-2007, 08:26 AM
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#1
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CP Pontiff
Join Date: Oct 2001
Location: A pasture out by Millarville
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Man to be executed for Ant-breeding scheme
Here at Calgarypuck, we're always interested in ways someone can bilk investors of $385 million by promoting ant-breeding . . . . then face the death penalty when caught.
A Chinese business executive was sentenced to death for swindling $385 million from investors in a bogus ant-breeding scheme, a court official said Thursday.
Wang Zhendong, chairman of Yingkou Donghua Trading Group Co., had promised returns of up to 60 percent for buying kits of ants and breeding equipment from two companies he set up, the reports said.
http://www.cbsnews.com/stories/2007/...8NA4VQ00.shtml
Cowperson
__________________
Dear Lord, help me to be the kind of person my dog thinks I am. - Anonymous
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02-15-2007, 08:36 AM
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#2
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Referee
Join Date: Jan 2005
Location: Over the hill
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Wow. How do you find these stories?
I don't know what's more bizarre; his scam, or the fact that the Chinese justice system thinks it's execution-worthy!
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02-15-2007, 08:43 AM
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#3
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First Line Centre
Join Date: Sep 2003
Location: London, Ontario
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Wow thats nuts! $385 million in ANTS!?! Who knew?
__________________
"Sticking feathers up your butt does not make you a chicken."
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02-15-2007, 08:48 AM
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#4
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Franchise Player
Join Date: Dec 2003
Location: Probably stuck driving someone somewhere
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Quote:
Originally Posted by Frank the Tank
Wow thats nuts! $385 million in ANTS!?! Who knew?
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I know, I think that I'm in the wrong field...
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02-15-2007, 09:02 AM
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#5
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Referee
Join Date: Jan 2005
Location: Over the hill
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Quote:
Originally Posted by Frank the Tank
Wow thats nuts! $385 million in ANTS!?! Who knew?
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I have a business proposition for you, Frank. I don't want to give too much information away, but let's just say it involves...... bees.
PM me for details. 
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02-15-2007, 09:12 AM
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#6
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Franchise Player
Join Date: Apr 2003
Location: 30 minutes from the Red Mile
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I've heard from some clients that ant soup is a very popular delicacy in parts of southern China...
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02-15-2007, 09:14 AM
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#7
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First Line Centre
Join Date: Sep 2003
Location: London, Ontario
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Quote:
Originally Posted by Iowa_Flames_Fan
I have a business proposition for you, Frank. I don't want to give too much information away, but let's just say it involves...... bees.
PM me for details. |
You know, this is even funnier to me because my brother is in South Korea and is getting bee venom injections for his torn rotator cuff! Haha!! 
__________________
"Sticking feathers up your butt does not make you a chicken."
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02-15-2007, 09:57 AM
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#8
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Lifetime Suspension
Join Date: Mar 2006
Location: Wet Coast
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Beijing 2008, here comes the world.
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02-15-2007, 10:01 AM
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#9
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Franchise Player
Join Date: Sep 2002
Location: Stern Nation
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That sounds like a promising investment, where do i send the money?
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02-15-2007, 10:23 AM
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#10
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Franchise Player
Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by RedHot25
I know, I think that I'm in the wrong field...
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Of course this was no pun intended!
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02-15-2007, 10:30 AM
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#11
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#1 Goaltender
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Do they actually have a criminal code that shows what crimes can be punished by death....or can they dish it out to anyone they want?
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02-15-2007, 10:31 AM
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#12
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Franchise Player
Join Date: Dec 2003
Location: Probably stuck driving someone somewhere
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Quote:
Originally Posted by Slava
Of course this was no pun intended! |
Glad someone got it - as cheezy as it may be!
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02-15-2007, 10:39 AM
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#13
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NOT breaking news
Join Date: Jan 2007
Location: Calgary
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Quote:
Originally Posted by jolinar of malkshor
Do they actually have a criminal code that shows what crimes can be punished by death....or can they dish it out to anyone they want?
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There is a criminal code, but there are always exceptions!
__________________
Watching the Oilers defend is like watching fire engines frantically rushing to the wrong fire
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02-15-2007, 10:45 AM
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#14
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Franchise Player
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A Chinese business executive was sentenced to death for swindling $385 million from investors in a bogus ant-breeding scheme, a court official said Thursday.
That's my favorite part. If it was legit, there would be no problem, just a lot of stupid investors.
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02-15-2007, 11:04 AM
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#15
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Franchise Player
Join Date: Dec 2006
Location: Calgary, Alberta
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Well its the investors own fault. I mean really, who thinks that $385 million is enough to breed ants?
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