From China’s Richest Man to a Prison Cell: The Evergrande Founder’s Life Sentence Explained

A court in Shenzhen has jailed the man who built China’s largest property empire. On August 20, the Shenzhen Intermediate People’s Court sentenced Evergrande founder Hui Ka Yan, 67, to life in prison. The court convicted him of large-scale financial fraud, bribery, and misusing company assets. It confiscated all his personal property and stripped his […] The post From China’s Richest Man to a…