A netizen submitted a post claiming that employees at China Post's Tongchuan City, Shaanxi Province branch have received no overtime pay for decades, have often had wages deducted on the pretext of inspections, have been forced to buy third-party products at their own expense, and that leaders, in order to earn commissions, pressure employees into engaging in financial fraud.
The U.S. District Court for the Central District of California sentenced Huang Wenhui to 78 months in prison and Song Yang to 57 months, and ordered both to pay restitution; prosecutors said the fraud caused Apple losses of at least $16.2 million.
Host Zhai Shanying mentioned the case of Guo Wengui being sentenced to thirty years in prison during the live broadcast.
A federal court in New York, US, sentenced Chinese businessman Guo Wengui to 30 years in prison and ordered the forfeiture of approximately $889 million in assets related to the case.
In late June 2026, the "Juxiaohua" and "Yikoudai" platforms operated by Liaoning Orange Digital Technology collapsed. After a large number of borrowers repaid their loans, the platforms maliciously withheld the funds and failed to forward them to the lending financial institutions, leaving dozens of overdue loans on the borrowers' records and subjecting them to intensive debt collection.
After police launched an investigation into Wang Qunshan's involvement in the case, her husband Meng Wei was listed as an accomplice, and in August, four months after the incident, he too chose to take his own life.
The Wall Street Journal, citing anonymous sources, reported that Changpeng Zhao agreed to provide evidence regarding Justin Sun as part of his plea deal with the U.S. Department of Justice; Zhao has denied the report.
The U.S. Securities and Exchange Commission released a settlement order against Wu Zheng, finding that during his tenure at Edison Max he concealed related-party transactions and used a listed company's money to pay off his own debts.
Prosecutors submitted an update to the original indictment, adding Racketeer Influenced and Corrupt Organizations Act (RICO) charges and framing Guo Wengui's four alleged distinct fraud schemes as the manifestation of a criminal enterprise.
FBI agents arrested Guo Wengui and Wang Yanping in Manhattan, USA, and seized a large amount of cash from Wang Yanping's apartment. On the same day, the U.S. Attorney's Office for the Southern District of New York released a twelve-count indictment against Guo Wengui.
At the same time the FBI arrested Guo Wengui, a level-two fire broke out at his residence, forcing FBI agents to evacuate. Later investigations concluded that the fire was arson.
Jia Guichen, the major shareholder of Shanhaiguan, was sentenced for suspected illegal fund-raising. The Public Security Department of Hainan Province illegally auctioned land and under-construction projects owned by the Shanhaiguan company valued at 517 million as a whole.
Cosar was fined $2.8 million by the US and £600,000 by the UK, and sentenced to three years in prison for harvesting profits in the commodity market by placing fake large orders to lure followers and then instantly canceling them.