In China Crooked Financiers Get the Death Penalty - Chinese woman in $57m fraud trial | WHAT REALLY HAPPENED


In China Crooked Financiers Get the Death Penalty - Chinese woman in $57m fraud trial

BBC - Chris Hogg - Shanghai - A Chinese woman who turned her beauty business into a multi-million dollar property empire could be executed after being put on trial for financial fraud.

Wu Ying, 28, who comes from a family of poor farmers, has pleaded not guilty to charges that she ran a pyramid scheme.

She is accused of defrauding investors of $57m (£38m) by promising returns of up to 10% but failing to invest their money properly, state media reports.

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