After Going Missing With 1 Billion Yuan, Chinese P2P Mogul Yang Weiguo Says "Don't Worry"

Mark Melin

Published onApril 26, 2016

Updated on May 13, 2021

Yang Weiguo, founder of the Chinese peer-to-peer investing platform Wangzhou Fortune, wants to let everyone know not to worry, he’ll be “right back.” After going missing along with nearly 1 billion yuan of investor funds, Yang Weiguo says he is planning on cooperating with police and was just “meditating” in the Gobi desert.

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Apparently Yang Weiguo requires 1 billion yuan to properly meditate

The 1 billion yuan in missing customer assets Yang Weiguo allegedly took with...

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Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

After Going Missing With 1 Billion Yuan, Chinese P2P Mogul Yang Weiguo Says "Don't Worry"

Apparently Yang Weiguo requires 1 billion yuan to properly meditate

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