“Chinese Warren Buffett” targets OSC

By Wire services | October 16, 2012 | Last updated on October 16, 2012
1 min read

The fraud trial of Weizhen Tang—the self-proclaimed “Chinese Warren Buffett”—took a bizarre twist yesterday when Tang took the witness stand to launch his own defense, reports the Globe and Mail.

The Globe says Tang bashed regulators and called them “destroyers of businesses,” and says he also claims he’s being “unfairly persecuted by the OSC.” Read more.

Read:

Tang denied bail

Tang makes court appearance

Tang returning to Toronto: Lawyer

Regulating against securities fraud (2009)

Wire services