A 53-year-old Chinese businessman, Ai-dong Zhang, was found guilty of obtaining property by deception and money laundering of 1 point 2 million dollars by Justice Salesi Temo at the Suva High Court yesterday.
Between the 1st of June 2014 and 31st January 2016, Ai-dong Zhang had deceptively obtained property and engaged directly or indirectly in money laundering in the amount of 1 million 240 thousand, 740 dollars and 74 cents.
He had obtained the money by deception from the complainant who was his business partner on the pretext that a property was being sold at $5.5 million instead of its actual price of $3.3 million.
Justice Temo concurred with the assessors’ unanimous opinion of guilty and convicted Aidong Zhang accordingly.
The case will be called on 16 September 2019 for sentencing
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