NetEase Games Executives Arrested In $139M Bribery, Money Laundering Scandal: Report

Quick Summary:

According to reports from Bloomberg Law, the company's General Manager Xiang Lang, along with esports lead Jin Yuchen and several other employees were arrested on charges of bribery and money laundering.

NetEase Inc’s (NASDAQ:NTES) NetEase Games, one of China's leading gaming companies, is facing a corruption scandal.

Benzinga has reached out to NetEase for comment, but the company has not responded as of ...

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Franca Quarneti

Category: Technology

Markets: United StatesChina

Topics: Gaming Money Laundering Allegations General Gaming News Bribery Money laundering Corruption Tech Asia Markets Bloomberg Law Legal Benzinga NTES China Gaming US64110W1027 Video games Global

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 18:20:39 (3 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 220 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23524029

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 31 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions