A Canadiana man who dubbled himself the " Chinese Warren Buffet " , faces federal charges of running a Ponzi scheme targeting Chinese americans that has left millions of dollars unaccounted for .
The Securities and Exchange Commission said Monday that a federal judge in Dallas has frozen the assets of Weizhen Tang , 50 of Toronto and several of his businesses, including a Texas based capital management firm .
The SEC said Tang raised between $ 50 million and $ 75 million from 200 investors for his hedge fund ans operated a Ponzi scheme with the hedge fund since at least 2006
from the wire
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