Stop the China Hustle


Over the last 10 years, everyday U.S. investors have been defrauded of more than $50 billion by Chinese companies listed on the NYSE or NASDAQ. To put that in perspective, Enron cost investors $75 billion. The main difference is Enron was a one-time event. The fraud committed by Chinese companies, which has been called “brazen” by former SEC Chairman Mary Schapiro, has played out dozens of times over many years and continues today.

As a country, we must take action to stop those who commit these frauds. This site tells only a small part of the story of the fleecing of American investors. Eventually, that story needs to include action by the SEC and Congress to protect American investors.

GeoInvesting has been working to address this fraud for more than three years.

This is a small listing of Chinese companies that have committed fraud.

Capital Raised Peak Market Cap Current Market Cap
L&L Energy, Inc. $ 16,198,824 $ 392,624,781 $ 347,770
New Energy Systems Group $ - $ 52,064,353 $ -
Orsus Xelent Technologies, Inc. $ - $ 16,464,357 $ 25,210
Puda Coal, Inc. $ 128,345,000 $ 341,901,718 $ 15,010
China Natural Gas, Inc. $ 83,007,813 $ 313,733,618 $ 160,000
Sino Clean Energy, Inc. $ 39,492,830 $ 148,669,530 $ 3,820,000
Fuwei Films(Holdings) Co., Ltd. $ 30,233,000 $ 228,593,750 $ 8,790,000
RINO International Corp. $ 117,093,175 $ 868,281,648 $ 85,830
Longwei Petroleum Hold, Ltd. $ 15,997,000 $ 369,783,251 $ 1,010,000
China Integrated Energy, Inc. $ 67,852,303 $ 403,221,383 $ 4,900,000
Yuhe International, Inc. $ 42,441,965 $ 193,068,370 $ 202,500
Deer Consumer Products, Inc. $ 93,578,000 $ 293,142,950 $ 335,930
Subaye, Inc. $ 4,999,000 $ 156,607,079 $ 13,120
Exceed Co., Ltd. $ 30,035,000 $ 128,310,000 $ 21,940,000
GLG Life Tech Corp. $ 33,241,278 $ 332,560,639 $ 11,370,000
China Redstone Group, Inc. $ 4,195,371 $ 81,908,660 $ 17,740
Sinotech Energy, Ltd. $ 156,019,736 $ 571,710,529 $ -
Fab Universal Group $ 1,108,923 $ 201,816,842 $ 5,270,000
Lihua International Inc $ 51,840,055 $ 373,876,403 $ 542,200
$ 915,679,273 $ 5,468,339,861 $ 585,845,310
Loss In Market Capitalization $ 5,409,494,551
Loss In Raised Capital $ 915,679,273

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To learn more, call the GeoInvesting team at 484-991-8426 or click here to email us.