Cybersecurity

Founder of China's Evergrande pleads guilty to fraud

Ali Nemati12 hours ago21 sec read2 views0 listens

Xu Jiayin, founder of Chinese property giant Evergrande, has pleaded guilty to multiple charges including fraud and bribery. This development highlights the strict regulatory environment in China's financial sector and underscores the severe consequences for corporate misconduct, impacting investor confidence and economic stability.

Read the full article at Digital Journal

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Ali NematiWritten by Ali

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