Evergrande founder Hui Ka Yan was sentenced to life in prison for fraud and bribery, with $2.35 billion in fines imposed on the company and its

Almost five years after Evergrande triggered a property crisis in China, its disgraced founder Hui Ka Yan has been sentenced to life in prison.

Chinese property developer Hui Ka Yan has been sentenced to life in prison. The decision marks a milestone in Evergrande's saga after it collapsed with more than $300 billion in…

A Chinese court ordered all of Hui Ka Yan's personal property confiscated.