Banker embezzles funds from prostitution ring leader, sentenced on money laundering charges
On July 22, 2026, the Hong Kong High Court dismissed an appeal by former UBS associate director Sun Jianrong against his 10-year prison sentence for money laundering. Sun was convicted in 2024 for embezzling over 1.34 billion HKD from clients Yu Quanli and Lou Xiaojie, whose funds were linked to org
China · 2026-07-24 · 中华网
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