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April 7, 2012

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Swindler gets 12-year prison sentence

A man who pretended to be the manager of a Hong Kong company and defrauded four people out of more than 924,000 yuan (US$146,508) was sentenced to 12 years in prison, the Minhang District People's Court said yesterday.

Prosecutors said the 59-year-old convict, surnamed Yu, lived in Putuo District and claimed he was the construction department manager of the Hong Kong-based Jiuxin Co since February 2009. Yu then spread false information, saying his company was seeking subcontractors to develop a land parcel on Wuzhong Road, which lured some bidders. To win construction projects, two victims, surnamed Zhang and Qin, handed a total of 424,000 yuan to Yu as commissions in August 2009.

Between March 2010 and July last year, Yu registered himself as a wealthy man at several match-making agencies and swindled two women out of 500,000 yuan. Yu was caught by police last July 10 and fined 100,000 yuan in that case, the court said.


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