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90-year-old on fraud charges
By Li Xinran |
February 5, 2009, Thursday
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Print Edition
Print Edition
A 99-YEAR-OLD man went on trial in Beijing on Tuesday for swindling 749,000 yuan (US$109,606) from a 75-year-old PhD graduate from the United States.
Zhou Zhiping was reported to be the oldest ever criminal defendant in Beijing, according to The Beijing Times.
The victim, surnamed Chen, was an American Chinese and had doctorate degrees in physics and chemistry, according to the Chaoyang District People's Court.
The court found Zhou was introduced to Chen by Xiao Wanni, 50, and Wang Shengkun, 58, as the former Party secretary of Yunnan Province, a high-ranking official of Kuomintang and the key to a national treasure.
Zhou told Chen he had connections with state leaders and was unfreezing a large amount in "national funds."
According to Zhou, the "national funds" were the money that Kuomintang officials had deposited in US banks, which were valued at billions. He said if Chen could finance him to unfreeze that money he would get 20 million yuan.
Chen gave the three 749,000 yuan from April 2007 to June 2008 before he realized he had been conned.
Zhou denied the alleged fraud. "That's nonsense! I'm not guilty. I won't be jailed."
The hearing continues.
Zhou Zhiping was reported to be the oldest ever criminal defendant in Beijing, according to The Beijing Times.
The victim, surnamed Chen, was an American Chinese and had doctorate degrees in physics and chemistry, according to the Chaoyang District People's Court.
The court found Zhou was introduced to Chen by Xiao Wanni, 50, and Wang Shengkun, 58, as the former Party secretary of Yunnan Province, a high-ranking official of Kuomintang and the key to a national treasure.
Zhou told Chen he had connections with state leaders and was unfreezing a large amount in "national funds."
According to Zhou, the "national funds" were the money that Kuomintang officials had deposited in US banks, which were valued at billions. He said if Chen could finance him to unfreeze that money he would get 20 million yuan.
Chen gave the three 749,000 yuan from April 2007 to June 2008 before he realized he had been conned.
Zhou denied the alleged fraud. "That's nonsense! I'm not guilty. I won't be jailed."
The hearing continues.
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