Obscure Chinese Stock Scams Dupe American Investors by the Thousands - WSJ
1. Investors are scammed into buying small Chinese companies via social media. 2. Jayud Global Logistics faced a price crash after manipulation and false ads. 3. The U.S. Justice Department targets fraud cases amidst regulatory challenges. 4. Over 60 China-based companies faced substantial price drops post-IPO. 5. Victims collectively lost about $9 million from investments in Jayud.