U.S. Department of Justice Criminal Division Press Room Update

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Co-CEO of Chinese Publicly Traded Technology Company and Financial Advisor Indicted for Over $100M Securities Fraud Scheme

09/12/2025 08:00 AM EDT

An indictment was unsealed yesterday in the Eastern District of Virginia charging two men with orchestrating a securities fraud scheme utilizing Ostin Technology Group Co. Ltd. (OST) stock to target American retail investors.

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