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Two Senior Managers of Chinese Online Financial Platform Sentenced to Prison for Alleged ‘Illegal Operation’ Offences

Two Senior Managers of Chinese Online Financial Platform Sentenced to Prison for Alleged ‘Illegal Operation’ Offences
A sign above an office of the Cyberspace Administration of China (CAC) in Beijing on July 8, 2021. Thomas Peter/Reuters
Sophia Lam
Sophia Lam
7/25/2022|Updated: 7/25/2022
0:00

The founder of a Chinese financial news media and a director of his company were reportedly sentenced to different imprisonment periods for alleged “illegal business operations.”

Wu Xiaopeng, the founder of Wallstreetcn.com, an online financial news media, was sentenced to two years and nine months, while Fan Dianhua, a director of the company, received a five-year prison term, according to Ittime.com.cn, a Chinese financial media company, on July 22.
Sophia Lam
Sophia Lam
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Sophia Lam joined The Epoch Times in 2021 and covers China-related topics.
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Related Topics
the CCP
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