Evergrande Says Billionaire Founder Suspected of Crimes

Property developer China Evergrande Group has confirmed that its billionaire founder is suspected of crimes. It’s another blow to a real estate titan who was once among the richest people in Asia. Annabelle Droulers reports on Bloomberg Television.
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[eIectrostatic]

An illegal crime is like a fatal murder, overstating the elementary and obvious. All crimes are illegal just like all murders are fatal...

[DalerMehndiDeekSheik]

Illegal crimes....as opposed to legal crimes.

[ArabicReja]

Shocking numbers of China's Evergrande are only the beginning, not the end, of a Great Fall of China 🇨🇳:
- Evergrande's $340 billion debt is more than the GDP of Vietnam.
- *Empty apartments, * mostly unfinished, are sufficient to house the population of Germany.
- The company's eye-watering $81 billion loss over 2 years is bigger than the GDP of 40 countries.
- This week, it lost 80% of its market value on the first day of resumed trading after 16 months of absence.
- Evergrande said, as of June, it received more than *2, 200 lawsuits, * totaling $73.40 billion in liability.

[drscopeify]

No one double crosses Winnie-the-Pooh!!! They all end up in a barrel of at the bottom of the ocean.

[lastChang]

The Chinese 🇨🇳 regime suspects Evergrande chairman for committing crimes
is like the Mexican cartels believing Sinaloa's Guzman for drug trafficking. Lol

[feanacar]

He must’ve said something to upset the CCP

[nwgverified]

Least surprising thing I have heard today

[jgeehdeewestsdegethemuLa]

Why didnt he just take one of his private jets to his new mansion in california..what a fool, they must have some dirt o4 black mail on him