Dec 30, 2021 08:27 PM

BUSINESS

China Chili Sauce Imposters Jailed for Defrauding Tech Giant Tencent

By Qian Tong and Manyun Zou

Tencent’s dispute with Lao Gan Ma first caught the public attention as early as 2020, when a published ruling showed that the tech titan sued the chili sauce company for unpaid advertisement fees.

Tencent’s dispute with Lao Gan Ma first caught the public attention as early as 2020, when a published ruling showed that the tech titan sued the chili sauce company for unpaid advertisement fees.

Three people who conned Tencent Holdings Ltd. have been sentenced to jail for up to 12 years by a court in Southwest China’s Guizhou province on Wednesday, according to a source close to the defendants who confirmed the information with Caixin.

The defendants were sentenced to six, seven, and 12 years of prison time, respectively. They plan to appeal against the decision to a higher court, the source said.

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