Chinese tycoon who bought the Waldorf Astoria Hotel gets 18 years in prison for $10 billion fraud

Posted from: https://www.cnbc.com/2018/05/10/chinese-tycoon-waldorf-astoria-hotel-18-years-prison-10-billion-fraud.html

The Chinese tycoon who rose to international fame after buying New York's Waldorf Astoria Hotel was sentenced to 18 years in prison after being convicted of cheating investors out of more than $10 billion, the New York Times reports….

Posted from: https://www.cnbc.com/2018/05/10/chinese-tycoon-waldorf-astoria-hotel-18-years-prison-10-billion-fraud.html

The Chinese tycoon who rose to international fame after buying New York's Waldorf Astoria Hotel was sentenced to 18 years in prison after being convicted of cheating investors out of more than $10 billion, the New York Times reports….

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