Father, two sons sentence to death for fraud.

Date: 08-11-2011 9:10 pm (12 years ago) | Author: Paddy Hayes
[1] 2
- at 8-11-2011 09:10 PM (12 years ago)
(m)

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.

via chinadaily



Posted: at 8-11-2011 09:10 PM (12 years ago) | Gistmaniac
- babyleslie at 8-11-2011 10:03 PM (12 years ago)
(f)
 Shocked Shocked Shocked Shocked Shocked
Posted: at 8-11-2011 10:03 PM (12 years ago) | Gistmaniac
Reply
- Sodman4luv at 8-11-2011 10:05 PM (12 years ago)
(m)
wat!
Posted: at 8-11-2011 10:05 PM (12 years ago) | Upcoming
Reply
- Bababonje at 8-11-2011 10:22 PM (12 years ago)
(m)
Please we should exercise the same judgement in Nigeria. Most of our leaders have turn politics into family business and looting exercise.
Posted: at 8-11-2011 10:22 PM (12 years ago) | Newbie
Reply
- toibeli at 8-11-2011 10:24 PM (12 years ago)
(m)
Chinese do not play, you do the crime, you'll definitely do the time (death)
Posted: at 8-11-2011 10:24 PM (12 years ago) | Gistmaniac
Reply
- Edagentle at 8-11-2011 11:16 PM (12 years ago)
(m)
If this rule is brought down here to 9ja, it means half of the our leader will be sentenced to death then the remaining half to live imprisonment. Lol
Posted: at 8-11-2011 11:16 PM (12 years ago) | Newbie
Reply
- LEONE at 8-11-2011 11:31 PM (12 years ago)
(m)
Evil men everywhere,serves them right.
Posted: at 8-11-2011 11:31 PM (12 years ago) | Upcoming
Reply
- ILOVEIT at 8-11-2011 11:59 PM (12 years ago)
(m)
china no dey joke at all...u mess up u get kill
Posted: at 8-11-2011 11:59 PM (12 years ago) | Hero
Reply
- sylax at 9-11-2011 02:47 AM (12 years ago)
(m)
$1.1 BILLION and MERCY cannot be in the same sentence.
Posted: at 9-11-2011 02:47 AM (12 years ago) | Upcoming
Reply
- flameo at 9-11-2011 02:51 AM (12 years ago)
(m)
No need for any alarm, china is just trying to reduce its population. Grin
Posted: at 9-11-2011 02:51 AM (12 years ago) | Newbie
Reply
- Ecto at 9-11-2011 05:06 AM (12 years ago)
(m)
An eye 4 an eye!
Posted: at 9-11-2011 05:06 AM (12 years ago) | Gistmaniac
Reply
- yommysomguy at 9-11-2011 07:07 AM (12 years ago)
(m)
True talk
Posted: at 9-11-2011 07:07 AM (12 years ago) | Newbie
Reply
- shaoyang at 9-11-2011 07:30 AM (12 years ago)
(m)
Offenders should face the judgement coz they know the penalty b4 engaging in the act.
Posted: at 9-11-2011 07:30 AM (12 years ago) | Gistmaniac
Reply
- osesunday at 9-11-2011 09:53 AM (12 years ago)
(m)
curruption is in the blood
Posted: at 9-11-2011 09:53 AM (12 years ago) | Upcoming
Reply
- boye143 at 9-11-2011 10:31 AM (12 years ago)
(f)
Quote from: flameo on  9-11-2011 02:51 AM
No need for any alarm, china is just trying to reduce its population. Grin
Quote from: shaoyang on  9-11-2011 07:30 AM
Offenders should face the judgement coz they know the penalty b4 engaging in the act.
  They deserve wat they got
Posted: at 9-11-2011 10:31 AM (12 years ago) | Upcoming
Reply
- papyefisy at 9-11-2011 11:38 AM (12 years ago)
(m)
 Grin Grin Grin
Posted: at 9-11-2011 11:38 AM (12 years ago) | Upcoming
Reply
- prosperos at 9-11-2011 04:37 PM (12 years ago)
(m)
what a sad moment
Posted: at 9-11-2011 04:37 PM (12 years ago) | Upcoming
Reply
- chicanorose at 9-11-2011 05:49 PM (12 years ago)
(f)
Nna na wa o
Posted: at 9-11-2011 05:49 PM (12 years ago) | Gistmaniac
Reply
- feniks1975 at 9-11-2011 07:04 PM (12 years ago)
(m)
Smiley SmileyHi there, Speaking of death prediction, I find it really odd that one of the on-line death prediction services showed me the same death date that I was foretold in my dream about a year ago. http://yourdeathdate.info/1/index.html - I can’t explain this coincidence in any other way except that there must be some kind of magic involved here. Shocked
Posted: at 9-11-2011 07:04 PM (12 years ago) | Newbie
Reply
- giftmurphy at 9-11-2011 07:10 PM (12 years ago)
(f)
wats always happening?
Posted: at 9-11-2011 07:10 PM (12 years ago) | Hero
Reply
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