Promising 2% a week interest, this phony Chinese bank, "with LED screens and counters manned by people dressed like bank staff" took victim's cash and kept it for themselves. They operated for a year, raking in $32 million.

http://feeds.boingboing.net/~r/boingboing/iBag/~3/ErABh1jn4bA/fake-bank-in-china-scams-32-m.html