See other Editorial Articles
Title: Chinese Fund Managers Sentenced to Death after Cheating Investors out of 1 Billion USD
Source:
[None]
URL Source: http://www.thechinamoneyreport.com/ ... nvestors-out-of-1-billion-usd/
Published: Nov 19, 2011
Author: cf
Post Date: 2011-11-19 10:30:26 by tom007
Keywords: None
Views: 186
Comments: 12
Chinese Fund Managers Sentenced to Death after Cheating Investors out of 1 Billion USD November 10, 2011 / D.Collins / 8 comments HANGZHOU – Two brothers and their father were sentenced to death on Monday for cheating 15,000 investors out of over $1.1 billion in east China’s Zhejiang province. Ji Wenhua, president of the Yintai Real Estate and Investment Group, was sentenced to death for the crime of fund-raising fraud, said the Intermediate People’s Court in the city of Lishui, where the company was based. However, his brother, Ji Shengjun, and father, Ji Linqing, could be spared execution as their death penalties have a two-year reprieve. The family, along with others, had illegally raised over 7.04 billion yuan ($1.12 billion) between 2003 and 2008 before they were taken into police custody in 2008, holding the truth from investors that their company had been losing money for years, according to the court. A third brother, Ji Yongjun, was sentenced to life imprisonment. The four men also had their political rights deprived for life and personal property confiscated. The court also sentenced two other people involved in the case to three years in prison each. Category: Uncategorized /
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: tom007 (#0)
Yet, when our banksters pull this kind of crap, they get golden parachutes, and better paying jobs. Perhaps being taken over by the Chinese wouldn't be such a bad deal after all.
"Call Me Ishmael" -Ishmael, A character from the book "Moby Dick" 1851. "Call Me Fishmeal" -Osama Bin Laden, A character created by the CIA, and the world's Hide And Seek Champion 2001-2011. -Tommythemadartist
better yet ship all the insider trading congressers to china along with wall street in its entirety and throw in the CME for good measure.
My thought as well. It is truly pathetic. Yet the murderers of over 60 million of their fellow Chinese go unpunished, JUST as the Jewish killers in the Soviet Union were allowed to escape to Israel and live out their lives free from judgement and punishment. America should immediately ban ALL imports from Communist China and ask the rest of the planet to impose a total embargo on that nation until they hold free and open elections and formally disband the PLA and all communists are banned from participation in future politics in that nation.
#2. To: TommyTheMadArtist (#1)
the most factual thing ever posted by buckeroo
I have no freaking' clue. buckeroo posted on 2010-07-24 21:33:00 ET
#3. To: TommyTheMadArtist (#1)
"Satan / Cheney in "08" 
#4. To: tom007 (#0)
-Alex Kurtagic
#5. To: X-15 (#4)
You'll get no argument on that score from me. I hates me some communists. Before we embark upon housecleaing of foreign places though, for which we have a rather jaundiced predilection as it is, we need to clean out the rats' nest in our own financial sector and in that bought and paid for country club that meets in Washington D.C. I want to see Pelosi and Bernanke and Paulson in prison as a first order of business.
#6. To: randge (#5)
I would take that further but for the fact that I would ultimately end up firmly in the grips of anti-semitism. I dare not tempt the wrath of the Red Sea pedestrian bankers/et al.... :p I want to see Pelosi and Bernanke and Paulson in prison as a first order of business.
-Alex Kurtagic
#7. To: tom007 (#0)
I'd pull the trigger myself.
Pagan worship primarily concerns propitiation. In other words, they are religions based on pure fear rather than repentance, contract, or submission -- Vox Day
#8. To: tom007 (#0)
Imagine if the death penalty applied to guys like Madoff. I'll bet they would never have done what they did. Still, Madoff got life with 3 squares a day for it. ;) Chinese Fund Managers Sentenced to Death after Cheating Investors out of 1 Billion USD
"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
#9. To: X-15 (#4)
Never happen. Remember Tianamen Square? until they hold free and open elections and formally disband the PLA and all communists are banned from participation in future politics in that nation.
"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
#10. To: BTP Holdings (#8)
No, he didn't. He's going to be released next year. Health reasons. Madoff got life with 3 squares a day for it.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (
#11. To: Esso (#10)
I hope he has a body guard arranged. I'll bet he has a target on his back. ;) He's going to be released next year. Health reasons.
"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
#12. To: randge (#5) (Edited)
That may take some doing. I'd like to see the same thing myself. If you can find a judge, or panel of judges, that has not been bought and paid for, let me know. ;) Pelosi and Bernanke and Paulson in prison
"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
Top • Page Up • Full Thread • Page Down • Bottom/Latest