Former Chairman of China’s Anbang Pleads for Leniency in $10B Fraud Trial

The former chairman of China’s Anbang Insurance Group Co Ltd requested leniency at the end of his high-profile trial in Shanghai for alleged economic crimes, including fraud and embezzlement involving more than $10 billion, according to court statements. Wu Xiaohui …

from News – Insurance Journal https://ift.tt/2E47KZQ