BEIJING - A previous investor needed on affirmations of theft and extortion in Taiwan has kicked the bucket in an auto collision in California, the island's outside service affirmed on Tuesday. He had been stowing away for quite a long time in the United States.
The official Central News Agency said Wang You-theng, previous executive of the China Rebar Group, was killed in a Friday morning crash on a parkway in West Covina, California. His better half was harmed however was in stable condition, the report said.
Remote service representative Eleanor Wang affirmed the report when come to by phone, however did not give further subtle elements.
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Wang established Rebar in 1959 to manufacture steel bars and made a fortune from the business, however when Rebar sank into budgetary challenges in 2006, Wang fled Taiwan and in the long run touched base in the United States, where he had lived as a standout amongst the most needed criminals by Taiwanese powers.
Wang had been prosecuted on an extensive rundown of charges, including misrepresentation, government evasion and insider exchanging, the news office said. Wang and his family were blamed for redirecting more than $9 billion in Rebar resources.
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