Saturday, May 16, 2015

Wanted

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The Chinese government released a list of its leading 100 fugitives accused of economic crimes including 40 people believed to be hiding in the United States.
Yu Zhendong, accused of embezzling $485 million from a state-owned bank, was returned by the United States authorities to China.

Wei Chen, known in China as He Yejun, is wanted on allegations of misappropriating funds before moving to the United States in the late 1990s.
This newest phase of the campaign was rolled out with the publication in Chinese news media of a collection of Interpol alerts that also included one for Yang Xiuzhu, a former deputy mayor of Wenzhou. Ms. Yang previously owned a five-story building on West 29th Street in Manhattan.
The United States was identified as the leading destination by the Chinese authorities. US does not have extradition treaties with China.
 
Ding Xueliang, a politics expert at Hong Kong University, said Beijing preferred not to publicly identify some suspects for fear of leaking party secrets. "The biggest targets are not on this list," he said. "

680 fugitives suspected of economic crimes were repatriated from 69 countries and regions [Fox Hunt] according to the state news agency Xinhua.

GodSpeed.  Just a thought.

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