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News & Current Events Apr 14, 2026 at 7:56 AM

Founder of China's Evergrande pleads guilty to fraud

Posted by killingmesoftly69420


Founder of China's Evergrande pleads guilty to fraud
www.bbc.com
Founder of China's Evergrande pleads guilty to fraud
Evergrande was once China's biggest real estate firm, with a stock market valuation of more than $50bn.

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14 Comments

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Loose_Skill6641 Apr 14, 2026 +43
largest fraud in world history to be exact
43
Loki-L Apr 14, 2026 +16
The Chinese government can tolerate a lot from their corrupt elite, but screwing up so badly, that the people start to openly protest in the streets about where their money went, is the sort of thing, that they will discourage with extreme prejudice.
16
eastbay77 Apr 14, 2026 +21
Oh boy, this is not going to end well for him.
21
AzureFides Apr 14, 2026 +11
This is probably way better than what CCP threatened him. 
11
Proud_Jello9093 Apr 14, 2026 +4
theyre gonna execute this guy, china doesn't f*** around when it comes to rich people committing financial crimes
4
THEdoomslayer94 Apr 14, 2026 +2
That went without saying
2
theixrs Apr 14, 2026 +9
Down goes another billionaire 
9
supercali45 Apr 14, 2026 +6
China loves to execute these kind of Fraudsters .. we need this here
6
royale_wthCheEsE Apr 14, 2026 +8
China executes billionaires if they get out of line.
8
Rayl24 Apr 15, 2026 +6
Maybe the rest of the world should follow suit
6
neuroasis Apr 14, 2026 +3
Delusions of Evergranduer 
3
samratvishaljain Apr 14, 2026 +2
Seems like he is stuck
2
squirrel4000 Apr 15, 2026 +1
he ded
1
isekai_cheese Apr 14, 2026 -1
hows that chinese real estate? not doing so good tony. you think theres a whole bunch of people moving to china?
-1
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