China Billionaire Arrested for Child Molestation

China’s official Communist Party newspaper has revealed that one of two previously unidentified suspects allegedly involved in a molestation case is billionaire Wang Zhenhua.

Wang recently stepped down as chairman of Seazen Holdings, one of China’s foremost real estate developers, “for personal reasons.” This announcement immediately followed news that Wang and another suspect identified only as “Zhou” had been arrested for their alleged involvement in the molestation of an underage girl in a Shanghai hotel.

The victims’s mother claims that Zhou transported her daughter on June 30 from Jiangsu province to Shanghai, where she was sexually assaulted. Zhou surrendered to the police on July 2, a day after the Wang investigation was announced. . .

Child molestation in China carries a maximum penalty of only five years, though the sentence can be extended with further charges. A statement by China police asserted that they “adopt a ‘zero tolerance’ attitude toward crimes against minors and will severely crack down on such crimes in accordance with law.” (Read more from “China Billionaire Arrested for Child Molestation” HERE)

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