FOX BIZ NEWS: China sentences founder of Anbang to 18 years for fraud


China sentences founder of Anbang to 18 years for fraud



Chinese state media say a court in Shanghai has sentenced the founder of the Chinese insurance company that owns New York City's Waldorf Hotel to 18 years in prison after he pleaded guilty to fraudulently raising billions of dollars from investors.

via FOX BUSINESS NEWS https://ift.tt/2K96vfg
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