News
Number of plaintiffs in Empire Big Capital fraud suit up to 900
Some 900 plaintiffs have joined a class action suit against investment company Empire Big Capital, which is estimated to have defrauded tens of thousands of Cambodians out of up to $400 million, with more complainants expected to join the legal case in the coming weeks. ...
Kong Meta
http://www.phnompenhpost.com/national/number-plaintiffs-empire-big-capital-fraud-suit-900
Suits filed over ponzi schemes
Nearly 7,500 Cambodians who have fallen victim to ponzi schemes have come forward to file class-action lawsuits against three companies that allegedly cheated them out of nearly $60 million, officials said yesterday, estimating that the companies may have defrauded as many 50,000 victims to the ...
Hor Kimsay
http://www.phnompenhpost.com/business/suits-filed-over-ponzi-schemes
Bogus firms prey on rural poor
The government yesterday named three bogus companies that have taken deposits from ordinary Cambodians and later absconded, after promising them monthly returns in the form of high interest rate payments. ...
May kunmakara
http://www.khmertimeskh.com/news/27682/bogus-firms-prey-on-rural-poor/
