Biz Unusual
Brainy graduate gambles away father's fortune
(China Daily)
Updated: 2009-12-16 16:29
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A 32-year-old businessman in Shaoxing, Zhejiang province, who inherited his father's fortune, has gambled away 10 million yuan ($1.46 million) in six years.
After graduating from university in 2001, Ying inherited his father's business, which he expanded using his talent and knowledge.
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In August this year, he borrowed a rented car from a friend and sold it for money to gamble. After losing that money, Ying tried to flee but cops caught up with him.
He is currently lodged in a detention house.
