The China-based company behind the purchases of 22 Grand Strand golf courses, several golf-related businesses and multiple other properties in the area is allegedly being investigated by authorities in China for possible fraud, according to several reports in Chinese publications and business websites. Pine Lakes Country Club is one of the Grand Strand properties Founders Group International purchased in recent years. Yiqian Funding, the parent company in China of Founders Group International, is allegedly being investigated.
The China-based company behind the purchases of 22 Grand Strand golf courses, several golf-related businesses and multiple other properties in the area is allegedly being investigated by authorities in China for possible fraud, according to several reports in Chinese publications and business websites. Pine Lakes Country Club is one of the Grand Strand properties Founders Group International purchased in recent years. Yiqian Funding, the parent company in China of Founders Group International, is allegedly being investigated. Jason Lee The Sun News file photo
The China-based company behind the purchases of 22 Grand Strand golf courses, several golf-related businesses and multiple other properties in the area is allegedly being investigated by authorities in China for possible fraud, according to several reports in Chinese publications and business websites. Pine Lakes Country Club is one of the Grand Strand properties Founders Group International purchased in recent years. Yiqian Funding, the parent company in China of Founders Group International, is allegedly being investigated. Jason Lee The Sun News file photo

Parent company of Founders Group International accused of fraud in China

April 15, 2016 01:01 AM

UPDATED April 16, 2016 06:55 PM

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