Caixin
Oct 20, 2022 06:20 PM
PODCAST

China Stories: The Shadowy Businessman Behind a Multibillion-Dollar Bank Swindle

Oct.20.2022

Lü Yi built a massive business network on billions of yuan in fraudulent loans and turned rural banks into personal ATMs. Then he vanished

00:00
00:00/00:00

Please note this is an audio narration of a Caixin Global article first published on Sept. 21, 2022.

Contact reporter Kelsey Cheng (kelseycheng@caixin.com)

Download our app to receive breaking news alerts and read the news on the go.

Get our weekly free Must-Read newsletter.

Share this article
Open WeChat and scan the QR code