财新传媒
财新英文 > 要闻 > 正文

In Depth: The Shadowy Businessman Behind a Multibillion-Dollar Bank Swindle

By Sun Liangzi and Han Wei
2022年09月21日 17:54
Lü Yi built a massive business network on billions of yuan in fraudulent loans and turned rural banks into personal ATMs. Then he vanished
Lü Yi built a massive business network on billions of yuan in fraudulent loans.

Behind the multibillion-dollar swindle of hundreds of thousands of bank depositors across China that sent shockwaves through the nation’s banking system and resulted in the arrest of 234 people is a single shadowy businessman known as Lü Yi.

Police allege that Lü led a “criminal gang.” Although local authorities in central China’s Henan province briefly had him under house arrest early this year, the 48-year-old Lü has since eluded capture in the massive dragnet police deployed since the scam came to light in April. He spent years planning escape routes and went to the trouble of obtaining citizenship in Cyprus, people familiar with him told Caixin.

  [财新双语通产品,是为有双语需求读者专门订制的优惠产品, 按此可享超值优惠订阅。]

版面编辑:喻竹杨洋
财新微信