SHANGHAI: The head of a Chinese wealth management firm who allegedly fled with more than $150 million in investors’ money surfaced in an online video on Monday saying he will “be right back,” as police searched for him.

Yang Weiguo, chairman of conglomerate Wangzhou Group, disappeared with around 1.0 billion yuan ($153 million) last week, leaving thousands of investors unpaid, the official Xinhua news agency reported on Sunday.

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