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Businesswoman sentenced to death

By Yu Ran and Zhou Wenting in Shanghai | China Daily | Updated: 2013-05-16 07:55

A court in the city of Wenzhou on Wednesday sentenced a businesswoman to death for illegal fundraising activities.

The case once again triggered discussion among the public over whether the death penalty should be applied to economic crimes.

Lin Haiyan, a 39-year-old woman from Wenzhou, Zhejiang province, received the death sentence for illegally raising 640 million yuan ($104.1 million) and misappropriating 428 million yuan of that sum, according to the verdict from Wenzhou's Intermediate People's Court.

Businesswoman sentenced to death

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