Wu Ying, the self-made billionaire convicted of defrauding investors in a 770 million yuan (HK$956 million) scheme, has appealed to the Supreme People's Court to overturn her death sentence.Saturday, 23 February, 2013, 4:47am
The death penalty for 30-year-old Zhejiang billionaire Wu Ying was upheld yesterday in a retrial, but suspended for two years - a decision hailed by some legal experts but slammed by Wu's father, who maintained she was innocent.22 May 2012 - 12:00am
The mainland's shadow banking system may have made many people rich, but it also has a dark side.
Billionaire Wu Ying, 30, was sentenced to death in 2009 for illegally raising funds with the intention to defraud - a verdict that has shocked thousands of entrepreneurs in eastern Zhejiang province, as they have used underground loans to grow their businesses.23 Apr 2012 - 12:00am
Delegates to the mainland's top political advisory body have called for underground banks that operate in the grey area of informal lending and fund-raising to be legalised.12 Mar 2012 - 12:00am
The whereabouts of millions of yuan of assets belonging to the former Zhejiang tycoon Wu Ying, who is on death row pending a final court review, has finally been revealed, almost five years after her arrest.10 Feb 2012 - 12:00am
In two unexpected articles, the state-run Xinhua News Agency has shown what appears to be sympathy for 29-year-old billionaire businesswoman Wu Ying, who was recently sentenced to death for fraud.8 Feb 2012 - 12:00am
The death sentence handed last month to businesswoman Wu Ying for fraud has prompted a rare unanimous plea for mercy from the mainland public, and rarer still, some rational discussions on the use of capital punishment.2 Feb 2012 - 12:00am
Wu Ying - once one of the mainland's richest people and sentenced to death in 2009 in a high-profile fraud case - has appealed to a Zhejiang court against the ruling.
Zhang Yanfeng, Wu's defence lawyer, said he was hopeful that Wu would get a lighter punishment.11 Apr 2011 - 12:00am
Prosecutors in Jinhua , Zhejiang province , have formally charged a 27-year-old businesswoman who built a paper fortune by illegally raising money through fraud.5 Nov 2008 - 12:00am
by John Biggs
Maygog, HK$11613 Jul 2008 - 12:00am