Wu Ying

Investor Scheme Leads to Death Sentence

Wenzhou businesswoman Lin Haiyan was sentenced to death last week for illegal fundraising, highlighting China’s use of capital punishment for non-violent crimes. From Dinny McMahon at The Wall Street Journal: According to...

Report Vows Tighter Death Penalty Procedures

A document released on Monday by China’s State Council Information Office titled The National Human Rights Action Plan of China (2012-2015) promises that review of all death penalty cases will be open to the public. From...

Former Tycoon Wu Ying Likely to Escape Execution

Zhejiang’s fallen business tycoon Wu Ying was resentenced on Monday in a decision likely to avert her execution for fraudulent fundraising. Her controversial death sentence was overturned last month by China’s...

Supreme Court Rejects Billionaire’s Death Sentence

China’s Supreme People’s Court has rejected the death sentence passed on Wu Ying, a Zhejiang entrepreneur who at 25 was known as the country’s sixth richest woman, but was later convicted of fraudulent...

Shadow Banks on Trial With China’s “Rich Sister”

Wu Ying, once amongst the very wealthiest of China’s new rich, could have been a poster girl exemplifying the success stories of China’s economic miracle. Things didn’t work out that way. Wu, also known as...

26-year-old Chinese Billionairess Detained by Police – Kerala

From Keralanext: A billionairess in east China’s economically booming Zhejiang province, has been detained on charges of illegal fund raising, the Dongyang police said Monday. 26-year-old Wu Ying has allegedly pooled fund illegally by promising high interest rates to the creditors, the police said. Local police has her shops and businesses controlled. The Dongyang government […]

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