Tuesday, March 15, 2011

SFC pulls one knuckle out

and prosecutes China Forestry ex CEO. Hopefully the SFC continues to do their job and and pursue the Chinese fraudsters across the border.

The High Court today ordered that interim freezing orders be continued over assets of up to $398,219,458 held by Li Han Chun, the former Chief Executive Officer of China Forestry Holdings Co., Ltd. (China Forestry) and his company, Top Wisdom Overseas Holdings Limited (Top Wisdom) (Note 1).

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