The East Money Financial Fraud case accountability has been escalated: the current Chairman and General Manager are under criminal investigation.

date
14/07/2026
The delisting of listed companies due to financial fraud is not the end of the matter. In addition to administrative penalties, follow-up procedures such as criminal accountability and civil claims are also being pursued, as exemplified by R Dongfang Tong. Several informed sources have indicated that the current chairman and general manager of Dongfang Tong, Qu Tao, who is also a "post-70s" individual, has been subjected to criminal coercive measures for about half a month, with the company not having issued any relevant announcements at present.