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Chinese officials bust $7.6bn 'ponzi scheme'



Chinese authorities have arrested 21 people involved in an online finance scheme which is suspected of defrauding 900,000 investors of about 50bn yuan ($7.6bn; £5.3bn). The 21 people worked for Ezubao, a peer-to-peer lender widely described in Chinese state media as a Ponzi scheme. Ezubao is believed to be China's largest such online financing business. State media said investigations had found more than 95% of the investment offerings on the site were fake. Feb.1 http://www.bbc.com/news/business-35457111



The People's Republic of China was formally established on October 1, 1949, 3:01:36 pm CCT, Beijing, China . A horoscope of China based on this data is given at Astrology Weekly [1]. 



Shown here are  the precession corrected solar return and its progression to February 1, the date of the news.  Notice that a Grand Cross comprising Sun-Nodes-Pluto-Kronos-Hades aligns straddles the horizon axis.  The progressed chart brings the Pluto-Kronos-Hades  opposition to an alignment with the horizon axis once again.






 Martha Wescott [2] interprets the configuration as follows:

Pluto-Hades:  to hear of criminal activities in the world of finance or big business.
Hades-Kronos: Laws or authoritative action  that relate to criminals.




[2] The Orders of Light; Martha Wescott

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