Prosecutors raise questions over charity fundraising
SHANGHAI - Pan Kaihong, a well-known entrepreneur in Nanjing and deputy director of the Nanjing Charity Federation, was recently arrested after being accused of illegally collecting public savings.
The Beijing-based Procuratorial Daily reported on Wednesday that the 43-year-old entrepreneur, who runs a cosmetics company in Nanjing, was accused by police of illegally collecting at least 4 million yuan ($616,000) from nearly 290 households in the city. Police said he committed the misdeeds between September 2010 and January 2011.
And the case is likely even bigger. A prosecutor, surnamed Sun, who is working on the case in the Baixia district prosecutor's office, told China Daily that the actual amount of money in question is larger than the reported 4 million yuan.