Xiaomi Caught in Multi-Million Dollar Fraudulent Investments Case in China
Xiaomi Caught in Multi-Million Dollar Fraudulent Investments Case in China Xiaomi has been on a roll lately, launching a plethora of phones already in the Q1 of 2018. Not to forget the recent IPO, which was one of the most hyped public offerings in Asia. However, not everything has been happy news for the company. Recent reports suggest Xiaomi relied on peer-to-peer(P2P) lending platform ads, which were later found to be fake, resulting in massive losses for the investors....