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takyon [soylentnews.org] writes:

http://www.bbc.com/news/world-asia-china-40492697 [bbc.com]

Police in Beijing have arrested 32 people for illegal fundraising linked to a scrapped project to create a "straddling bus" to beat traffic jams.

The futuristic idea to lift commuters above congestion quickly attracted international attention when it was launched last year - but was finally scrapped last month.

There had been growing speculation that it was no more than an investment scam.

In a statement, police said they were working to recover investors' assets.

https://en.m.wikipedia.org/wiki/Transit_Elevated_Bus [wikipedia.org]

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