3Novices:Staff of fugitive tycoon Guo Wengui jailed, punished for fraud

Three senior employees of the fugitive Chinese billionaire Guo Wengui were sentenced on Friday for fraudulently obtaining loans and buying foreign currency by a court in northeast China, state media reported.
The three executives at Guo’s flagship company Beijing Pangu Investment had pleaded guilty to the charges at the Dalian Xigang People’s Court last Friday. They said Guo had instructed them to produce fake documents.
Lu Tao, Pangu’s deputy general manager, was sentenced to…
June 16, 2017 at 09:44AM
#3Novices #News #OnlineMedia #China 3Novices China


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