Suspects face charges of blackmailing business
Print Edition
FOUR suspects are facing charges of blackmailing a company ahead of its listing on the stock market, Shanghai police said over the weekend.
The suspects allegedly filed “malicious lawsuits” against the company as it prepared for a public listing last year. The suspects were also said to have made “malicious complaints” about the company to securities regulators.
The company in question allegedly paid 1.6 million yuan (US$236,000) to the suspects to keep quiet about the case and the complaints, for fear that these would endanger its listing plans, police said.
Police added that one of the suspects also made 550,000 yuan from blackmailing three other companies between 2015 and 2017.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
