Founder of online Chinese lender sentenced to life for fraud

FILE - In this Jan. 1, 2016, file photo, policemen watch as depositors from Ezubo gather outside the State Bureau for Letters and Calls Reception Division office in Beijing. The founder of a Chinese online peer-to-peer lender has been sentenced to life in prison Tuesday, Sept. 12, 2017, on charges he defrauded investors of $7.7 billion in one of China's biggest financial scams. (AP Photo/Mark Schiefelbein, File)

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