日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Industries

China hunts law-breaking billionaire

(Xinhua) Updated: 2014-08-12 15:56

NANNING - An international manhunt is underway for a Chinese businessman who fled the country following allegations of fraud, authorities said Tuesday.

The International Criminal Police Organization (Interpol) has issued a red notice for Liao Rongna of the Zhengling Group, a private conglomerate based in Liuzhou city, South China's Guangxi Zhuang autonomous region. He is suspected of obtaining loans and investments under false pretenses and misappropriation of funds, according to Liuzhou public security bureau.

China hunts law-breaking billionaire
Former company head arrested for bribe-taking, graft
China hunts law-breaking billionaire
Top executives held on corruption charges
Liao, 58, is said to have cheated his way into several billion yuan of loans by promising investors high returns, then failed to repay the debt. Being found guilty of this kind of crime in China can result in a death sentence.

Liao's inner circle are just as embroiled in the racket as he. His wife, Ye Zhiqun, former vice chairman of the Zhengling board, is also on the run and his younger son, a former chairman of Zhengling, was detained by police in June, the bureau told Xinhua.

Liao Rongna's personal financial power seems to have been the key to the staggering amount of money he amassed. He was on the Hurun Rich List in 2009 and has always been regarded as the richest man in Liuzhou. The Zhengling Group covers a wide range of businesses -- automobiles, construction materials and logistics -- and was once one of the top 100 enterprises in Guangxi, so it is no surprise that he managed to woo investors into lending him huge sums on the promise of lucrative returns.

Li, another local entrepreneur, runs a business selling chemicals and cosmetics in Liuzhou. "I lent him 20 million yuan ($3.25 million) only this March, because he assured me that I could get a rate of 0.3 percent per day," said Li, who had previously splashed out 37 million yuan on a deal he thought was too good to be true. He was right. Liao has not paid back the money.

According to Li, people all over Guangxi mortgaged their houses and companies to local banks to raise funds for Liao, only to find the billionaire suddenly incommunicado.

Police found more than 1,500 loan contracts worth 3.2 billion yuan in Zhengling files during their investigation.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 国产福利免费视频 | 国产中文视频 | 中文字幕一区在线 | 日日精品 | 美女黄页在线观看 | 中国大陆高清aⅴ毛片 | 一区二区三区黄 | 国产特黄 | 日韩视频在线观看免费视频 | 亚洲在线免费视频 | 又黄又爽又色视频 | 成人一区二区三区在线观看 | 日韩中文字幕影院 | 亚洲一区二区三区在线 | 日韩欧美激情在线 | 国产精品久久成人免费观看 | 精品中文字幕在线观看 | 国产黄色在线播放 | av免费在线观 | 李宗瑞91在线正在播放 | 人人玩人人干 | 三级精品视频 | 噜噜噜久久,亚洲精品国产品 | 91porny九色最新地址 | 在线观看免费视频一区 | 日韩精品久久久 | 精品一区二区三区视频 | 久久天天综合 | 亚洲一区二区影院 | 色综合天天综合综合国产 | 伊人久久久久久久久久久久 | 国产精品一区二三区 | 永久免费看成人av的动态图 | 成人影片在线免费观看 | 青草综合 | 亚洲成人黄色网 | 久久精选 | 五月香蕉网 | 国产三级精品三级观看 | 91麻豆产精品久久久久久 | 欧美大片高清免费观看 |