China executes pair over fraud

Business people executed after defrauding investors of more than $130 million.

     China executes more people than any other country in the world [File: EPA]

    'Millions missing'

    Officials called the scam a "serious blow to social stability". The pair were executed on Wednesday, the official Xinhua News Agency reported.

    Xinhua said $39.5 million was still missing.

    China executes more people than any other country, but last month, a senior official for the Supreme People's Court, which reviews every death sentence, said the punishment should be used more sparingly.

    Though usually reserved for violent crimes, death sentences are also applied for nonviolent offences that involve large sums of money or are seen to threaten social order.

    SOURCE: Agencies


    YOU MIGHT ALSO LIKE

    From the US to Afghanistan: Rediscovering the mother who left me

    From the US to Afghanistan: Rediscovering the mother who left me

    Tracee Herbaugh's mother, Sharon, abandoned her when she was born, pursuing a career from which she never returned.

    Could mega-dams kill the mighty River Nile?

    Could mega-dams kill the mighty River Nile?

    For Ethiopia, a new dam holds the promise of much-needed electricity; for Egypt, the fear of a devastating water crisis.

    The evening death came for me: My journey with PTSD

    The evening death came for me: My journey with PTSD

    On a gorgeous Florida evening, a truck crashed into me. As I lay in intensive care, I learned who had been driving it.