Shanxinhui founder Zhang Tianming (centre) and nine of his employees are sentenced in a Hunan court on Friday. Photo: CCTV

Founder of US$14.5 billion Chinese pyramid scheme Shanxinhui jailed for 17 years

  • Zhang Tianming was also fined 100 million yuan, while nine of his staff were given prison sentences for their part in the scam
  • They had claimed to be raising funds for forest conservation and poverty alleviation work
Topic |   China Society

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Shanxinhui founder Zhang Tianming (centre) and nine of his employees are sentenced in a Hunan court on Friday. Photo: CCTV
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