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Pious Perverts
See other Pious Perverts Articles

Title: Chinese Businessman Executed for Ant-Breeding Scam
Source: [None]
URL Source: [None]
Published: Dec 14, 2008
Author: Steve Sailer
Post Date: 2008-12-14 05:06:52 by Turtle
Keywords: None
Views: 440
Comments: 28

China has executed a businessman convicted of bilking thousands of investors out of $416 million in a bogus ant-breeding scheme, state media reported Thursday. The official Xinhua news agency said Wang Zhendong, who had been found guilty of fraud and sentenced to death in February 2007, was executed in Liaoning Province on Wednesday.

Wang, chairman of Yingkou Donghua Trading Group, had promised returns of up to 60 percent for investors who purchased ant-breeding kits from two companies he ran.

Ants are used in some traditional Chinese medicinal remedies, which can fetch a high price. Wang sold the kits, which cost $25, for $1,300, the local news media reported earlier.

Wang attracted more than 10,000 investors from 2002 to June 2005, when investigators shut down his companies. The closure of his business set off a panic among small-time players who saw their life's savings disappear overnight.

Xinhua had reported that one investor committed suicide after realizing he had been duped. Investigators put the size of the fraud at $416 million. Only $1.28 million was recovered.

Click for Full Text!


Poster Comment:

I have been saying for years the Chinese are not a threat. Why? China has been around for thousands of years and has never been a great power, contrary to the mythology.

Think Americans are dumb? The Chinese are even worse. This article is a perfect example.

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#1. To: Turtle (#0)

I have been saying for years the Chinese are not a threat.

Still wrong.

Cynicom  posted on  2008-12-14   6:13:29 ET  Reply   Trace   Private Reply  


#2. To: Cynicom (#1)

Still wrong.

Turtle is right 99.9999999998% of the time, and even more cute than he is right!

Republicans believe in abortion -- they just wait until they're born and then call them 'collateral damage'.

Turtle  posted on  2008-12-14   7:26:32 ET  Reply   Trace   Private Reply  


#3. To: Turtle (#0)

Think Americans are dumb? The Chinese are even worse.

Maybe so, but the fact remains that Shlomo Chinkstein won't be cheating anyone anymore, whereas we shower our thieving jews with money or supply them with first-class passage to their homeland, never to be brought to justice.

So who's the stupid ones?

Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)

Esso  posted on  2008-12-14   8:15:50 ET  Reply   Trace   Private Reply  


#4. To: Esso (#3)

So who's the stupid ones?

Jews have been expelled at least 81 times in a little less than 2000 years. Even U.S. Grant expelled them from Tennesee during the War Between the States.

Jews never learn, which makes them the stupidest people in the world.

It will happen here, sooner or later.

Republicans believe in abortion -- they just wait until they're born and then call them 'collateral damage'.

Turtle  posted on  2008-12-14   8:21:31 ET  Reply   Trace   Private Reply  


#5. To: Turtle (#4)

It will happen here, sooner or later.

Super. $8.5 trillion short and a day late.

Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)

Esso  posted on  2008-12-14   8:39:52 ET  Reply   Trace   Private Reply  


#6. To: Esso (#5)

Super. $8.5 trillion short and a day late.

Better late than never.

After 2000 years they've outworn their welcome in every country of the world.

The uninformed seem to think millions of them will move to China. They don't know the Chinese and their view of foreigners.

Republicans believe in abortion -- they just wait until they're born and then call them 'collateral damage'.

Turtle  posted on  2008-12-14   8:54:52 ET  Reply   Trace   Private Reply  


#7. To: Turtle, Cynicom (#0)

Dudes! I love the way the Chinese execute corrupt business executives!!

Lady X  posted on  2008-12-14   9:05:30 ET  Reply   Trace   Private Reply  


#8. To: Turtle (#2)

Turtle is right 99.9999999998% of the time, and even more cute than he is right!

Well, now you aint cute and fer sure yous is wrong bout China.

Cynicom  posted on  2008-12-14   9:12:56 ET  Reply   Trace   Private Reply  


#9. To: Lady X (#7) (Edited)

Dudes! I love the way the Chinese execute corrupt business executives!!

One of the scenes in "Gone With the Wind" (the novel) is where some old guy who murdered his wife for sleeping with his brother, and was released to fight, made the comment that people who murder, almost always do it only one time. Then he said that on the other hand, thieves make a habit of it.

So who should we execute? A murderer or a habitual thief?

I'd go for the thief. The ones in the government have caused more trouble than anyone else in this country, including murderers.

Republicans believe in abortion -- they just wait until they're born and then call them 'collateral damage'.

Turtle  posted on  2008-12-14   9:13:06 ET  Reply   Trace   Private Reply  


#10. To: Cynicom (#8)

Well, now you aint cute and fer sure yous is wrong bout China.

Cute, right, and a big hit with the girls!

Republicans believe in abortion -- they just wait until they're born and then call them 'collateral damage'.

Turtle  posted on  2008-12-14   9:14:03 ET  Reply   Trace   Private Reply  


#11. To: Lady X (#7)

Dudes! I love the way the Chinese execute corrupt business executives!!

For the Chinese it is a cultural thing about life in every aspect, not just punishment for crimes. It has been true forever, not just under Communism.

Cynicom  posted on  2008-12-14   9:15:41 ET  Reply   Trace   Private Reply  


#12. To: Turtle (#10)

Cute, right, and a big hit with the girls!

Ha..did Palin send YOU a special hand written thank you note and scented to boot??????

Cynicom  posted on  2008-12-14   9:17:08 ET  Reply   Trace   Private Reply  


#13. To: Cynicom (#12)

Ha..did Palin send YOU a special hand written thank you note and scented to boot?????

Palin is married, besides I never met her. I do know a woman in Alaska, though, and she's cute.

Republicans believe in abortion -- they just wait until they're born and then call them 'collateral damage'.

Turtle  posted on  2008-12-14   9:19:02 ET  Reply   Trace   Private Reply  


#14. To: Lady X (#7)

These were the ants he was breeding.

Republicans believe in abortion -- they just wait until they're born and then call them 'collateral damage'.

Turtle  posted on  2008-12-14   9:23:13 ET  (1 image) Reply   Trace   Private Reply  


#15. To: Turtle (#13)

Palin is married, besides I never met her. I do know a woman in Alaska, though, and she's cute.

Married????????

Admitting defeat aready. Cute is for sunday School classes. Handsome is for the ladies of culture and taste.

Cynicom  posted on  2008-12-14   9:25:42 ET  Reply   Trace   Private Reply  


#16. To: Cynicom (#15) (Edited)

Married????????

Admitting defeat aready. Cute is for sunday School classes.

Turtle is not handsome, he is cute, adorably cute. So cute he doesn't have to hit on married ladies, because truckloads of unmarried cute babes are always falling out of the truck at his feet.

Republicans believe in abortion -- they just wait until they're born and then call them 'collateral damage'.

Turtle  posted on  2008-12-14   9:31:05 ET  Reply   Trace   Private Reply  


#17. To: Turtle (#16)

So cute he doesn't have to hit on married ladies,

See, admitting failure and shortcomings for all to see.

Cute for UNMARRIED little girls that just stopped playing with dolls is one thing. Handsome that lures the MARRIED gurls is quite another.

Turtle will never leave the shell of self subscribed cuteness. Cuteness, even if TRUE, is but a short passing stage of life. Handsome is forever and the gurls love it and swoon.

Cynicom  posted on  2008-12-14   9:42:05 ET  Reply   Trace   Private Reply  


#18. To: Turtle (#16)

because truckloads of unmarried cute babes are always falling out of the truck at his feet.

Dead Somalian famine victims don't count. Now stop it!

I shall not vote for evil, lesser or otherwise.
Tattoos Middleburgh, NY

Critter  posted on  2008-12-14   9:45:52 ET  Reply   Trace   Private Reply  


#19. To: Cynicom (#17)

Turtle will never leave the shell of self subscribed cuteness.

Turtle is the essence of cuteness and got it from his father. Even when my father was in his 50s my girlfriends would tell me he was cute.

Turtle will be cute his entire life and is satisfied with truckloads of gurls spilling at his feet.

So there, nyah nyah.

Republicans believe in abortion -- they just wait until they're born and then call them 'collateral damage'.

Turtle  posted on  2008-12-14   9:46:40 ET  Reply   Trace   Private Reply  


#20. To: Critter (#18)

Dead Somalian famine victims don't count. Now stop it!

That reminds me of a kids' joke, which I can't quite remember, that had to do with ubloading dead babies with a pitchfork.

Republicans believe in abortion -- they just wait until they're born and then call them 'collateral damage'.

Turtle  posted on  2008-12-14   9:48:24 ET  Reply   Trace   Private Reply  


#21. To: Turtle (#19)

Turtle will be cute his entire life and is satisfied with truckloads of gurls spilling at his feet.

Best when the growed up gurls throw away their once cute munchkins for HANDSOME.

Cynicom  posted on  2008-12-14   9:49:43 ET  Reply   Trace   Private Reply  


#22. To: Cynicom (#21)

Turtle is Munchkin cute.

Republicans believe in abortion -- they just wait until they're born and then call them 'collateral damage'.

Turtle  posted on  2008-12-14   9:54:23 ET  (1 image) Reply   Trace   Private Reply  


#23. To: Turtle (#20)

cute (kyt)

adj. cut·er, cut·est

1. Delightfully pretty or dainty, short lived attractiveness, passing phase

2. Obviously contrived to charm; precious: "[He] mugs so ferociously he kills the humorit's an insufferably cute performance" David Ansen.

3. Shrewd; clever, time erodes, usually towards offensive looks and or behavior.

Cynicom  posted on  2008-12-14   9:55:29 ET  Reply   Trace   Private Reply  


#24. To: Cynicom (#23)

Turtle's dictionary has a different definition, and that is the only one that counts!

Republicans believe in abortion -- they just wait until they're born and then call them 'collateral damage'.

Turtle  posted on  2008-12-14   9:58:55 ET  Reply   Trace   Private Reply  


#25. To: Turtle (#24)

Turtle's dictionary has a different definition, and that is the only one that counts!

Hogwash...

Any definition you have would be writing of your own. (I admit editing my definition a tad) hehehehehehehe

Just for sake of clarity of course.

Cynicom  posted on  2008-12-14   10:02:30 ET  Reply   Trace   Private Reply  


#26. To: Turtle (#20)

What's the difference between a truck load of bowling balls and a truck load of dead baby darkies?

I shall not vote for evil, lesser or otherwise.
Tattoos Middleburgh, NY

Critter  posted on  2008-12-14   10:29:57 ET  Reply   Trace   Private Reply  


#27. To: Cynicom (#11)

For the Chinese it is a cultural thing about life in every aspect

Same cultural thing about life they use when they murder baby girls and eat fetuses. Ever had rat meat? No? Ever eaten in a Chinese restaurant? Hee hee :)

Law Enforcement Against Prohibition


"Corporation: An entity created for the legal protection of its human parasites, whose sole purpose is profit and self-perpetuation." ~~ IndieTx

Countries Without a Draft circa 2001 (You'll need this soon if you have kids)

RUN SILENT, RUN DEEP

IndieTX  posted on  2008-12-14   11:39:59 ET  Reply   Trace   Private Reply  


#28. To: Critter (#26)

That's it! You can't unload a truckload of bowling balls with a pitchfork.

Republicans believe in abortion -- they just wait until they're born and then call them 'collateral damage'.

Turtle  posted on  2008-12-14   15:22:30 ET  Reply   Trace   Private Reply  


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