Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Chairman Of Chinese Metals Company Dies After Mysterious Fall

Courtesy of ZeroHedge. View original post here.

In China, billionaires and executives of even some of the country's largest conglomerates have been known to abruptly disappear as rumors swirl about them being detained by the government for some unspecified financial crimes (crimes that carry hefty penalties in the Chinese legal system).

But in an even more shocking development, Li Zhongqing, the 54-year-old chairman of the board of metals company Jiangxi Ganneng Co., abruptly died on Monday after he "fell to the floor," according to a statement released by the Shenzen Stock Exchange, where the company's shares trade.

Authorities are investigating the incident.

Here's the full statement in English:

On the morning of May 7, 2018, Li Zhongqing, supervisor of the seventh board of supervisors and chairman of the board of supervisors, fell to the floor.

After the death, relevant departments have been involved in the investigation. At present, the company's production and business conditions are all normal. Special announcement.

Reuters had a slightly different take on the Chairman's demise, reporting that he "died from falling off a building."

After considering the suspicious circumstances surrounding Li's death, one can't help but wondering if there's some kind of fraud afoot – or even if Jiangxi Xinneng is itself a giant fraud. Or even if the death itself was fabricated.

According to Bloomberg, Li had been a member of the supervisory board since February 2013. Further information about the death wasn't immediately available.

The official statement (in Chinese) can be found below:


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!