USEUROPEAFRICAASIA 中文双语Français
Home / China

Former executives jailed for fraud

By China Daily | China Daily | Updated: 2017-06-17 07:15

Three sentenced in first trial related to tycoon who fled overseas 3 years ago

Three ex-executives of fugitive Chinese billionaire Guo Wengui have been given prison terms for fraudulently obtaining loans and foreign currency, a court said on Friday.

Lyu Tao, former deputy general manager of Beijing Pangu Investment Inc, controlled by Guo, was sentenced to two years and three months in prison, while Xie Honglin and Yang Ying, who both worked for the company's financial department, were sentenced to two years with a three-year reprieve.

Former executives jailed for fraud

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US