China Evergrande founder pleads guilty to fraud in Shenzhen court

Published on 14 Apr 2026 4:43:16 PM

The founder of China Evergrande Group, the world's most indebted property developer, pleaded guilty to charges including misuse of funds, fundraising fraud and illegally taking public deposits, said a court in China's southern city of Shenzhen on Tuesday (April 14).

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