10/18/09

Of the original CCTV "Oprah," Fang Jin-arrested for alleged fraudulent practices

Of the original CCTV "Oprah," Fang Jin-arrested for alleged fraudulent practices

After the borrower to pay off 1.2 million have left the detention center

According to "Chengdu Business Daily", "Beijing Youth Daily" reported: who was the host of CCTV "Focus" and the audience familiar with the latter switched to the famous Shanghai Oriental TV host Fang Jin, recently alleged contract fraud by the police in Xingtai, Hebei detention. However, the return of 120 million yuan, Fang Jin had to leave the detention center on the 14th of this month.

According to reports, Fang used his position into the reasons for the arrest of the Department of surfaces Bianxiang Hualong Industry Co., Ltd. (Jinmailang manufacturer) by 120 million in cash, but refuse to repay within a specified time, and unaccounted for, Hualong companies have reported the police. As a result, Fang Jin appeared regarding detained in Hebei. While the detainees do not know the details, but it is certain is that Fang was detained in Hebei province into Longyao County Detention Center.

According to User rebellion, Fang Jin was on the 14th to leave the detention center. Shijiazhuang media from the local public security department, confirmed the news: After the return of the 1.2 million yuan, Fang Jin has been released (and there are said to be release on bail).

It is understood that Fang Jin also has some of the enterprises borrowed money, which is a listed company Jianteshengwu (that rely on "Melatonin" renowned on health care products company), and the amount of up to 8 million yuan. After the expiration of the loan, Fang Jin has not been returned, and was later led to a "debt collection lawsuits." In this connection, Jianteshengwu in April 2007 "published in 2006 corporate annual report," where disclosed.
(Editor: High-star)

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