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China Tycoon to Be Arrested

Posted by:Croker14 1266 days ago • Discuss • http://pursestrends.info

Police have confirmed that one of Chinas richest men, Huang Guangyu, is being held in custody while they investigate him for "economic crimes" Mr Huang went missing last week and shares in his company Gome have been suspended from trading.
Officials gave no further details, but Chinese media point to alleged irregularities in the share price of a company controlled by his brother.

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