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China Daily Website

Runaway manager nabbed after insurance scandal

Updated: 2013-08-20 06:11
( Xinhua)

BEIJING - A female executive suspected of running off with company money was escorted back to China from Fiji on Monday, according to China's Ministry of Public Security.

Chen Yi, former general manager of Shanghai Fanxin Insurance Agency Co., Ltd., allegedly stole 500 million yuan ($81 million) from the company and ran away, according to media reports.

The case was reported to police in Shanghai on August 12, according to the ministry.

The ministry asked for international law enforcement forces for help and found Chen in Fiji.

The ministry sent a work team to Fiji and seized Chen in cooperation with the local police, it said.

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