Reports: Chinese Tycoon’s Wife Detained In Probe

From AP:

The wife of billionaire Chinese appliance retailer Wong Kwong-yu has been detained as police investigate Wong for possible financial offenses, according to news reports.

Du Juan, who resigned in December as a member of the board of directors of Wong’s Gome retail chain, is under police guard in Beijing, the newspaper Shanghai Securities News and the magazine Caijing reported, citing unidentified sources.

Beijing police confirmed in a brief statement faxed to The Associated Press that Du is under investigation for possible “economic crimes” but did not say whether she was detained and gave no other details.