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Topic - Wu Xiaohui

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A woman walks past the offices of the Anbang Insurance Group in Beijing, Thursday, May 10, 2018. A court in Shanghai sentenced the founder of the Chinese insurance company that owns New York City's Waldorf Hotel to 18 years in prison on Thursday after he pleaded guilty to fraudulently raising billions of dollars from investors, state media reported. (AP Photo/Mark Schiefelbein)

Chinese court sentences Anbang founder to 18 years for fraud

Associated Press

In this June 14, 2017 photo, people walk past an entrance to the Anbang Insurance Group's offices in Beijing. China's insurance regulator said Friday, Feb. 23, 2018 it is assuming management of insurer Anbang, owner of New York's iconic Waldorf Astoria hotel, following the indictment of the company's chairman on charges of economic crimes. (AP Photo/Mark Schiefelbein)

China prosecuting tycoon who considered Kushner investment

By JOE McDONALD - Associated Press