LONDON (Reuters) – An alleged million-dollar pyramid scheme which is registered in Britain has gone into liquidation, the first step in the process of recovering its assets and distributing them to creditors.
Reuters reported last year how the venture, known as EuroFX, allegedly scammed thousands of investors in China and other countries. EuroFX had a British CEO and headquarters.
Euro Forex Investment Limited, the registered name for EuroFX, was wound up last month, according to documents filed with the companies registrar.
The liquidation follows a petition to the courts by creditor Sun Yao, the documents showed.
Grant Thornton has been appointed as liquidator.
“The liquidators are currently working to establish the remaining value of…
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