Evergrande Founder Hui Ka Yan Sentenced to Life in Prison Over Massive Fraud

From Dispatch Room A Chinese court has sentenced Hui Ka Yan, founder of embattled property giant China Evergrande Group, to life imprisonment, marking a dramatic conclusion to the downfall of one of Asia’s former richest businessmen. The Shenzhen Intermediate People’s Court found Hui guilty of multiple offences, including fundraising fraud, misuse of funds, illegal lending, […]