Developers Chinese bus tunnel arrested for fraud

Developers Chinese bus tunnel arrested for fraud

The Beijing police arrested the creators of the bus tunnel (TEB Elevated Transit Bus). The founder of the company-developer Huaying Kailai Buy Jimena and 31 people suspected of illegally collecting funds for the establishment of a bus.

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The only prototype of the bus was demonstrated in the summer of 2016, was transferred for storage, and 300-meter section of the guide rails dismantled.

As Quartz writes against Buy Jemina already filed lawsuits 72 of the investor. According to police, he managed to collect about $ 1.3 billion on the project.

Bus project-the tunnel was presented in the spring of 2016, the summer has produced the first prototype. It was assumed that the car will seat 1200 people, and the cars can pass under it — that is, the bus on the road will not impede movement. In December 2016, it became known that the only prototype was towed to the warehouse, and the management of the company stopped responding to calls and letters.

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