On Monday, Chinese streaming video service Le.com reported that the China Securities Regulatory Commission (CSRC) had fined the company 240 million yuan ($37 million) for a financial fraud running from 2007 to 2016. Jia Yueting, the co-founder and head of Le.com, was also fined 241 million yuan ($36.8 million).
Read: Le.com and Jia Yueting Are Fined 481 Million Yuan ($73 Million) for Financial Fraud on Pandaily.
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