Caixin
May 28, 2015 03:11 PM

Developer Probed for Web of Floor Space Fraud

(Beijing) – After shivering through several years without heat in winter, a financial chill is spreading among homeowners in the Chengji Center apartment complex in Jinan, the capital of eastern Shandong Province.

The chill has worsened since September, when Communist Party graft busters detained a wealthy businessman whose property development company built Chengji's 7,000 apartments and 10,000 commercial spaces but without adequate heat, natural gas hook-ups or reliable elevators.

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