..
..
#China's top #securities regulator, the #CSRC, imposed a lifetime ban from the securities market on Hui Ka Yan, the founder of real estate developer China Evergrande Group, for organizing financial fraud with particularly malicious means that have caused severe consequences,… pic.twitter.com/UYRdjFUd6i
— Global Times (@globaltimesnews) March 18, 2024
..
BREAKING 🚨: Evergrande
— Barchart (@Barchart) March 19, 2024
China has accused Evergrande of committing fraud totaling $78 billion, making it the largest case of financial fraud in history, dwarfing that of Enron, WorldCom, FTX, and even surpassing Bernie Madoff's $68 billion ponzi. pic.twitter.com/OAHkq0pInz
..