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Swindler jailed for life in China
Photo Credit: Feng Li, Getty Images

Swindler jailed for life in China

Jun 15 2013, 9:18pm CDT | by

Beijing, June 16 (IANS) A court in China has sentenced a man to life imprisonment for forging financial documents to get over 10 billion yuan (around $1.6 billion) from banks and companies.

Beijing, June 16 — A court in China has sentenced a man to life imprisonment for forging financial documents to get over 10 billion yuan (around $1.6 billion) from banks and companies. Liu Jiyuan,...

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1 year ago

Swindler jailed for life in China

Jun 15 2013, 9:18pm CDT | by

Beijing, June 16 (IANS) A court in China has sentenced a man to life imprisonment for forging financial documents to get over 10 billion yuan (around $1.6 billion) from banks and companies.

Beijing, June 16 — A court in China has sentenced a man to life imprisonment for forging financial documents to get over 10 billion yuan (around $1.6 billion) from banks and companies.

Liu Jiyuan, 45, former president of an investment management company in Shanghai, was accused of swindling 10.13 billion yuan from several banks and enterprises between November 2008 to November 2010, Xinhua reported.

The court in Jinan in Shandong province said Liu forged seals of banks and companies, loan materials, certificates of deposit and telegraphic transfer as well as cheques.

Liu was also accused of pretending to be a bank staffer to illegally gather deposit from enterprises.

Over eight billion yuan has been retrieved after Liu's case was exposed.

IANS

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50 minutes ago

China Emits More Carbon Per Capita than the U.S. and EU Combined

Sep 23 2014 6:37pm CDT | Source: Big Government

Just as world leaders--well, world leaders without China, India, and several other important fossil fuel-using countries--gathered at the UN Climate Summit in New York on Tuesday, a curious piece of news crossed the wires. The Financial Times reported that, for the first time, China's per capital emissions of carbon dioxide exceed those of the U.S. and European Union combined: China is for the first time emitting more ca ...
Source: Big Government   Full article at: Big Government
 

 
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The United States Pledges To Give Up Landmines, Just Not Everywhere

Sep 23 2014 3:51pm CDT | Source: ThinkProgress

CREDIT: AP Images Some good news on the humanitarian front came this morning as the White House announced that, after years of deliberation, the United States will mostly comply with the Ottawa Convention, which seeks to eradicate the use of anti-personnel landmines (APLs). The commitment means that the US will destroy its APL stockpiles and pledge not assist or encourage APL use by other states -– with one caveat: none of these commitments will apply to the Korean Peninsula. The Ottawa ...
Source: ThinkProgress   Full article at: ThinkProgress
 

 
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4 hours ago

Stocks fall amid global concerns

Sep 23 2014 3:03pm CDT | Source: WND

(CNBC) — U.S. stocks declined on Tuesday, with the S&P 500 and Nasdaq falling for a third day, as investors weighed data illustrating a slowing global economy and tracked conflict in the Middle East. “There has been a lot of negative thinking about China, Europe, and Ukraine, and lots of worries about the Middle East that could clearly get worse,” said Hugh Johnson, chairman of Hugh Johnson Advisors. “By my numbers we were 4 percent overvalued when we started this mess (pullback) and I ...
Source: WND  Full article at: WND
 

 
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5 hours ago

Obama to UN : Climate Change Our Fault

Sep 23 2014 2:07pm CDT | Source: Big Government

On Tuesday, shortly after announcing to the American public that the United States was now bombing ISIS in Syria, the President of the United States flew to New York to address the United Nations – on climate change. His speech mixed high-flown sentiment with apologies for America, and pledged American sacrifice in the name of a lofty goal without evidence that such sacrifice would in any way contribute t ...
Source: Big Government   Full article at: Big Government
 

 
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5 hours ago

Obama: Climate Change Will 'Define The Contours Of This Century' Like Nothing Else

Sep 23 2014 1:48pm CDT | Source: Politics - The Huffington Post

While referencing other major challenges facing the world -- including disease, economic inequality and the threat of terrorism -- President Barack Obama declared climate change to be the "one issue that will define the contours of this century more dramatically than any other" at a United Nations summit Tuesday afternoon. Climate change, Obama said, is an "urgent and growing threat," and ...
Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post
 

 
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5 hours ago

Obama: 'We Recognize Our Role in Creating This Problem'

Sep 23 2014 1:47pm CDT | Source: Big Government

The climate consensus may be "crumbling" as John Fund recently put it at NRO, but that just causes the alarmists to ramp up their rhetoric. One such alarmist is the leader of the free world, Barack Obama, who took the opportunity to ramp up his rhetoric at the UN Climate Summit in New York City, Tuesday. Via The Washington Times: ...Mr. Obama said he’s made climate change a central focus of his administration because the wor ...
Source: Big Government   Full article at: Big Government
 

 
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4

6 hours ago

Congressman Claims Barbed Wire Fence Is ‘Only Thing’ Stopping ISIS From Crossing The Southern Border

Sep 23 2014 12:40pm CDT | Source: ThinkProgress

Rep. Paul Gosar (R-AZ) toured the southern U.S. border in September 2014. CREDIT: https://twitter.com/RepGosar Obama administration officials say that no credible evidence exists to support claims that there are terror plots involving agents of the Islamic State (also known as ISIS or ISIL) penetrating the United States by land through the southern border. But Rep. Paul Gosar (R-AZ) took to social media Tuesday, sending out an alarming claim that the border is insecure bec ...
Source: ThinkProgress   Full article at: ThinkProgress
 

 
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7 hours ago

Cutting-Edge Deforestation Declarations Revealed At Climate Summit

Sep 23 2014 12:01pm CDT | Source: ThinkProgress

CREDIT: shutterstock As over 120 heads of state gathered in New York City for Tuesday’s United Nations climate summit, bold statements and commitments to fighting climate change are in order. Some were domestic goals — Michelle Bachelet, president of Chile said by 2025, 45 percent of their energy will be green. Others were financial pledges — Korea pledged $100 million to the Green Climate Fund. While the main theme of this week’s climate ...
Source: ThinkProgress   Full article at: ThinkProgress
 

 
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7 hours ago

On the News With Thom Hartmann: World's Largest Climate March Takes Over NYC, and More

Sep 23 2014 11:37am CDT | Source: Truthout Stories

In today's On the News segment: The world's largest climate march takes over New York City; the fight to keep science in our kids' textbooks used to center on creation vs. evolution; Burlington, Vermont has gone renewable; and more. TRANSCRIPT: Thom Hartmann here - on the best of the rest of....science & green news..... You need to know this. Last Sunday, the world's largest climate march took over New York City. In addition t ...
Source: Truthout Stories   Full article at: Truthout Stories
 

 
Update
1

7 hours ago

On the News With Thom Hartmann: World's Largest Climate March Takes Over NYC, and More

Sep 23 2014 11:37am CDT | Source: Truthout Stories

In today's On the News segment: The world's largest climate march takes over New York City; the fight to keep science in our kids' textbooks used to center on creation vs. evolution; Burlington, Vermont has gone renewable; and more. TRANSCRIPT: Thom Hartmann here - on the best of the rest of....science & green news..... You need to know this. Last Sunday, the world's largest climate march took over New Yor ...
Source: Truthout Stories   Full article at: Truthout Stories
 

 

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<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

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