The U.S. Department of Justice has announced the creation of the CLEU Compensation Fund to reimburse victims of the investment fraud involving China Free Education Holdings Limited. The scheme, executed by seven defendants from November 2024 to February 2025, involved a "pump and dump" strategy using social media to falsely promote and manipulate CLEU stock prices. The perpetrators sold their shares after profiting millions, leading to substantial investor losses. The U.S. Attorney's Office for the Northern District of Illinois has seized over $200 million in assets related to the case.