Saturday, April 19, 2014   

Death affirmed for investment fraudster
(11-05 17:45)

A court in China has upheld the death sentence of a businesswoman convicted of cheating investors of US$200 million in the second case of its kind this year.
Xinhua said Su Yenyu's appeal of her conviction was rejected by a court in the northern region of Inner Mongolia.
Su, 42, was convicted in January of cheating investors of 1.2 billion yuan after attracting money by promising high returns. It said she diverted 552 million yuan to her own use.
A businesswoman in southeastern China was sentenced to death in May on charges of stealing 640 million yuan from investors.--AP



   
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