Topic
financial fraud
Evergrande founder Hui Ka Yan sentenced to life for large‑scale fraud
A Shenzhen court has sentenced former Evergrande tycoon Hui Ka Yan to life in prison for large-scale fraud, confirming the end of the property market saga.
Chinese court sentences founder of property developer Evergrande to life in prison
The Shenzhen Intermediate People's Court sentenced Evergrande founder Hui Ka Yan to life in prison, confiscated his property, and issued billions in corporate fines following large-scale financial fraud.