NetEase Games Executives Arrested In $139M Bribery, Money Laundering Scandal: Report (UPDATED)
NetEase Games employees, including top executives, were arrested for bribery and money laundering in a $139M case involving suppliers.
NetEase executives and workers were reportedly arrested amid a corruption investigation
The ex-head of NetEase's esports division and NetEase Games' former general manager are said to have been arrested on money laundering and bribery charges. Alongside ex-executives Xiang Liang and Jin Yuchen,
NetEase Fires Execs Accused of Money Laundering
Chinese publisher NetEase Games fires two of its senior executive members who have been accused of money laundering and bribery.
NetEase dismisses two execs & seven other employees on bribery allegations
NetEase confirmed that police have taken the executives and employees into custody and are investigating money laundering charges.
NetEase execs arrested for alleged money laundering and bribery
Nine NetEase employees have reportedly been detained on money laundering and bribery charges amounting to an estimated
Multiple NetEase Employees Arrested & Fired Over Money Laundering Charges
As reported by Eurogamer, NetEase revealed in an internal memo that they have fired nine employees over bribery allegations. NetEase confirmed through their spokesperson that the police are in the process of a corruption investigation, but provided no other details.
NetEase Games executives reportedly arrested on money laundering charges amid Marvel Rivals launch
NetEase Games executives arrested in a $111-$140 million money laundering case, affecting Marvel Rivals launch plans.
NetEase Employees Fired and Arrested for Money Laundering
After allegations of money laundering and bribery, NetEase fired nine employees and two executives, with one executive taken into custody.
Execs at Marvel Rivals developer NetEase arrested on allegations of corruption
Two NetEase Games executives and seven employees were reportedly arrested this week in an investigation potentially worth millions.The Latest Tech News, Delivered to Your Inbox
NetEase Games Employees Have Reportedly Been Arrested For Laundering Money
Staff of NetEase Games have been reportedly arrested on suspicion of laundering money. The estimated amount of laundered money is reportedly between $111-$140 million. The stock price of NetEase Games has dropped over 5% as a result of the scandal.
NetEase: Robust IP, Strong R&D, And An Attractive Price
NetEase shows strong net profit growth and competitive advantage in mobile gaming, despite regulatory challenges. Read more ...
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Corruption charges rock NetEase Games: Key figures fired and investigation launched
NetEase Games fired nine employees due to their alleged involvement in bribery and money laundering. The Game studio’s ...
NetEase's Third Quarter Net Profit Likely Fell 5% -- Earnings Preview
NET PROFIT: The Chinese videogame giant is expected to post a 5.0% drop in net profit to 7.45 billion yuan, equivalent to $1.03 billion, according to the consensus estimate of 13 analysts in a FactSet ...
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Marvel Rivals brings Moon Knight to its roster in December
Marvel Games and NetEase Games have revealed the next character for the Marvel Rivals roster, and this one’s got the Egyptian ...
Marvel Rivals and Destiny: Rising Dev Studio May Be Involved In $139M Money Laundering Scheme
NetEase has made a name for itself in recent years, with titles like Once Human, Marvel Rivals, and the upcoming Destiny: ...
NetEase employees have allegedly laundered up to $139.3 million in a trading scheme that involves nearly 30 companies
Late last week, Bloomberg and the Chinese outlet Leifeng reported that several NetEase employees have been arrested for money ...
Spider-Man, Venom, Storm, and more don their Marvel Rivals costumes in comics for concept art variant covers
Marvel Rivals is just weeks away from its official launch, and to celebrate the impending release of the team-based first ...
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NTES-S On Mgmt Corruption Incident: Anti-Corruption Efforts Never Stop, Money Laundering Rumors Reported to Police
NTES-S On Mgmt Corruption Incident: Anti-Corruption Efforts Never Stop, Money Laundering Rumors Reported to Police ...