Evaded taxes and laundered money.
Neptunian
joined 1 day ago
Small fines for how huge these companies are. My mega wealthy Chinese father-in-law was fined 2 billion yuan for tax evasion and money laundering as an individual…
Evaded taxes and laundered money.
Small fines for how huge these companies are. My mega wealthy Chinese father-in-law was fined 2 billion yuan for tax evasion and money laundering as an individual…
A few billion yuan. As he’s well connected politically he managed to get away with just this fine (which is not even that much relative to how much money he made out of the shtick). No prison time or anything. Paid the fine and moved on as if nothing happened.