Chinese Tycoon Sentenced to Life in Prison for Fraud

中国富翁因欺诈被判终生监禁

China's state-run media say the youngest person on Forbes magazine's 2005 list of China's 400 richest people has been jailed for life on charges of fraud. The Xinhua news agency said the court in the southwestern province of Sichuan ruled that 32-year old Zhou Yimin faked financial reports to borrow 48-million dollars from three banks. It said he later acquired a 28-percent stake of a utility company. The court also sentenced five co-defendants to jail terms of between three and five years, also for contractual fraud.

中国官方媒体报导，《富布斯》杂志2005年列为中国最富有的400人当中最年轻的一人被以欺诈罪判处终生监禁。新华社报导，中国西南部四川省的一家法庭裁决：现年32岁的周益民通过造假帐从三家银行贷款4千8百万美元。报导说，周益民随后购买了一家公用设施公司28%的控制权。该法庭还以欺诈罪分别判处和周益民同案的5名被告3到5年有期徒刑。