Founder of Chinese insurance firm that went on US real estate binge given 18 years in prison – Los Angeles Times


Los Angeles Times

Founder of Chinese insurance firm that went on US real estate binge given 18 years in prison
Los Angeles Times
1 Intermediate People's Court also ordered the confiscation of 10.5 billion yuan ($1.6 billion) in assets from Wu Xiaohui, the former chairman of Anbang Insurance Group, which had gained a reputation for ambitiously expanding into hotels, real estate

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