Chinese fraudster Zhou Zhengyi takes job as adviser to cosmetics firm

Source: South China Morning PostA Chinese tycoon who served 13 years in prison for bribery and embezzlement and is still wanted by Hong Kong’s anti-corruption agency has taken a position as an adviser to a cosmetics and skincare products manufacturer in Shanghai, according to a news report.Zhou Zhengyi, also known as Chau Ching-ngai, was sentenced in 2007 to 16 years in prison for his crimes but released early in August. He was once Shanghai’s wealthiest man and the 11th richest in mainland China, with an estimated fortune of…Read More

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