Saturday, January 4, 2014

Same Wine, New Bottle: WCM777 is now "Kingdom 777"

Apparently Ming Xu needs to remake the image of his Ponzi scheme being outlawed around the world.. by giving it a name change. It's now Kingdom 777.

There's an expression in Chinese: 換湯不換藥 (literally, change the soup, but not the ingredients)   The Western equivalent is "old wine, new bottle".

Feel free to browse through some old coverage of WCM777 / Kingdom 777 Ponzi scheme outlawed around the world.
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