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Young Chinese billionaire sued for illegal fund raising

A WEALTHY young businesswoman has been sued in east China's Zhejiang Province for alleged illegal fund raising, according to a local court. Wu Ying, a 26-year-old said to be worth 3.8 billion yuan (US$531.9 million), was accused of illegally raising... ...full story at Shanghai Daily

from Shanghai Daily on Sat, Feb 23 2008

see also:

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24 Feb 08 visit Young Chinese billionaire sued for illegal fund raising  »  People's Daily A wealthy young businesswoman has been sued in east China's Zhejiang Province for alleged illegal fund raising, according to a local court. Wu Ying, a 26-year-old said to be worth 3.8 billion yuan (531.9million U.S. dollars), was ac ...
23 Feb 08 visit Funds trial for wealthy woman  »  Shanghai Daily A WEALTHY young woman has been sued in east China's Zhejiang Province for alleged illegal fund-raising, according to a local court. Wu Ying, a 26-year-old said to be worth 3.8 billion yuan (US$531.9 million), has been accused of illegally raising more...
22 Mar 08 visit Woman gets death for fraud in Zhejiang  »  Shanghai Daily A BUSINESSWOMAN running a beauty parlor has been sentenced to death in east China's Zhejiang Province, convicted of fraud and illegally raising fund of more than 700 million yuan (US$100 million), a local court has said. Du Yimin, 43, was charged with...
04 Nov 08 visit Officials investigated over massive illegal fund-raising scheme  »  Shanghai Daily MORE than 100 officials in central China are being investigated for their alleged involvement in an illegal fund-raising scheme worth billions of yuan, according to Beijing-based Caijing magazine. Teng Wancui,...
08 Sep 08 visit Central China province clamps down on illegal fund-raising  »  People's Daily Local authorities in central China's Hunan Province on Sunday started probing into 12 companies involved in illegal fund-raising cases after a dispute led to lenders' demonstration on Wednesday and Thursday, blocking roads and railways. The...

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