Suspected of fraudulently obtaining over 660 million yuan in loans, Zhang has been on the run abroad for three years before being extradited back to China.

robot
Abstract generation in progress

On March 25th, a suspect involved in fraudulently obtaining over 660 million yuan in loans was extradited back to China after fleeing overseas for three years.

The suspect, Zhang, fabricated false documents and forged purchase and sales contracts. Using his company’s name, he borrowed more than 660 million yuan from multiple banks in Liaoning. It has been verified that this caused a loss of over 66.99 million yuan to the banks.

On November 23, 2022, Zhang fled abroad to avoid legal prosecution. In June 2023, the Yingkou Dashiqiao Public Security Bureau filed a case for loan fraud; in September of the same year, the prosecution approved his arrest.

After three years, through international law enforcement cooperation, the police arrested him in March 2026 and returned him to China on the 25th of this month, ending his three-year escape.

This is the third suspect involved in financial crimes who has been successfully repatriated and captured through international law enforcement cooperation by Liaoning police this year. Previously, Li from Shenyang and Zhao from Chaoyang had also been apprehended.

Source: CCTV News

Published by: Beijing Youth Daily

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin