Fabricated bank adds to Chinas list of fakery

[jeff of pa]

Fabricated bank adds to China's list of fakery

BEIJING (AP) — In a China awash with fake iPhones, pirated DVDs and knockoff Louis Vuitton bags, rice trader Lin Chunping took fakery to a whole new level: He invented a U.S. bank and claimed he bought it.
The little-known businessman shot to fame in January when state media reported that he had taken over Delaware-based Atlantic Bank. The unprecedented acquisition brought him praise: His hometown gave him a prestigious political appointment and state media called his business experience "legendary."

Republican Herald | News | republicanherald.com

 

[stefen]

China has its Lin Chunping, who are we to raise the red flag when the U.S. has questionable island birth certificates...