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Once Asia's Richest Man, He Now Faces Prison for Life

By Arden Dier with Newser.AINewser

A onetime symbol of China's property boom is now at the center of its bust . Hui Ka Yan, the billionaire founder of China Evergrande Group, has pleaded guilty to multiple financial crimes, including fraud, bribery, and embezzlement, in a Shenzhen court, state…

A onetime symbol of China's property boom is now at the center of its bust. Hui Ka Yan, the billionaire founder of China Evergrande Group, has pleaded guilty to multiple financial crimes, including f…