Li was extradited back to China for raising over 300 million yuan illegally.
Today, with the strong assistance of the Chinese Embassy in Thailand and relevant law enforcement agencies in Thailand, our public security organs have extradited the suspect Li from Thailand back to China, who is accused of illegally absorbing public deposits. It is understood that Li fabricated information such as having a strong company financial strength, good economic benefits, and imminent listing on the stock market without the qualification to absorb public deposits, using the pretext of expanding production and operation, and luring more than 800 people to illegally absorb over 300 million RMB with high interest rates. After the case was exposed, Li fled abroad. After Li fled abroad, the public security organs relentlessly carried out the work of pursuing and recovering the fugitive. In September 2023, the People's Procuratorate of Suiyang District, Shangqiu City, Henan Province approved the arrest of Li for the crime of illegally absorbing public deposits. In October 2024, Interpol issued a red notice for him. In June 2025, the relevant departments in Thailand arrested Li and, in accordance with the law, sentenced him to be extradited back to China.
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