(877) 410-8172
Home  »  Investor Alerts  »  Bin Hao and Qidian LLC

Bin Hao and Qidian LLC

Date:

October 19, 2023

Type of alert:

Ponzi Scheme  

The SEC charged Bin Hao and his company Qidian LLC with allegedly fraudulently raising over $10 million from at least 60 investors through an unregistered securities offering to members of the Chinese-American community. Hao promised high annual rates of return but failed to disclose the Miami real estate company’s poor financial condition. He allegedly used millions of dollars of new investor money to pay prior investors in Ponzi-like fashion as well as for personal expenses.

Read More

Contact Us If You Believe You Have a Case

"*" indicates required fields

Name*

Please note: We are unable to take cases with losses of less than $50,000.

This field is for validation purposes and should be left unchanged.
(877) 410-8172

© 2024 ChapmanAlbin

This site contains attorney advertising. The attorneys at ChapmanAlbin are licensed to practice law in Ohio and Michigan. Any reference to past cases or successes made herein should not be construed as a guarantee of any future outcome. Each client and each client’s case is unique, and no result or outcome is or can ever be guaranteed. The information provided in this website is offered for general information purposes only; it is not offered as and does not constitute legal advice in any way. // Disclaimer