Evergrande founder Hui Ka Yan, once Asia’s richest man, sentenced to life in prison after property giant’s collapse
Aug 20, 2026
The Chinese tycoon pleaded guilty in April to eight charges, including misuse of funds, fundraising fraud, illegally taking public deposits, illegally extending loans, fraudulently issuing securities and bribery.
https://nypost.com/2026/08/20/business/evergrande-founder-hui-ka-yan-sentenced-to-life-in-prison/
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