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Ming Le – another Chinese shoe fraud emerges - a clear warning for Camkids investors

Tom Winnifrith
Sunday 21 September 2014

Last week we revealed the story of Ultrasonic, a Chinese shoe company listed in Frankfurt where the CEO and COO appear to have stolen all the money and done a runner. It comes from Fujian like AIM Casino listed shoe companies Naibu (NBU) and Camkids (CAMK). Now let me introduce you to Ming Le and Camkids shareholders please take note.

Ming-Le listed at 13 Euro in July 2012. Its shares now trade at just under 3 Euro. Why the collapse? I refer you to a release put out on 20 March 2014 by Ming Le. It explains:

on ShareProphets | Comments

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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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