A former top official of a state-owned gold and silver refining giant in north China's Inner Mongolia Autonomous Region has been detained for embezzling nearly 60 kilograms of gold and 1.4 tons of silver, and selling them in his jewelry stores.
Song Wendai, former chairman of the Qiankun Gold & Silver Refinery Share Co Ltd, was also discovered to have siphoned off 21 million yuan (US$3.32 million) of state assets since 2003 to found three companies of his own, according to prosecutors.
Phorcys Capital Partners, LLC Acquires Prosper at Wickliffe, Expanding
Senior Living Portfolio
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Phorcys Capital Partners just acquired a 160-unit assisted living facility
in Wickliffe, Ohio, now rebranded as Prosper at Wickliffe.
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