WCM777 news and press releases.

Company announcements, direct sales updates and archived press coverage associated with WCM777.

WCM777 news archive

WCM777 Issued Cease and Desist by California

On January 15, the State of California Business, Consumer Services and Housing Agency Department of Business Oversight issued a Desist and Refrain Order naming World Capital Market, Inc., WCM777, Inc., WCM777 Limited, Ming Xu (CEO and Chairman of WCM and Chairman of WCM777), Zhi Liu (CEO of WCM77...

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WCM777 Acknowledges Selling Unregistered Securities

Following an investigation by the Massachusetts Securities Division, WCM777 is banned from doing business in the state and was ordered to refund more than $300,000 to affiliates in Massachusetts. WCM777 recently posted a short statement on the company's website stating that "the sale of securitie...

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WCM777 Ceases Operating in US

Hong Kong-based WCM777, which held a "grand Opening" in Los Angeles in June and claimed to have "received great support from the California government", has ceased operations in the United States. An announcement from the company says that its U.S. operation is closed, without giving a reason for...

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