BEIJING — A Chinese businesswoman was sentenced to death Friday for cheating investors out of $56 million — the latest case in the country's struggle against widespread corruption.
The 28-year-old Wu Ying started out a decade ago with a single beauty salon but eventually built up a holding group, Bense Holdings, that was known around the country, the state-run Xinhua News Agency reported.
The report said Wu collected the $56 million from investors over two years and was arrested in 2007.
Video posted online of her sentencing had the petite, ponytailed Wu showing little emotion as she was led into the courtroom..........
No comments:
Post a Comment