# China jails Evergrande founder for life and fines disgraced property giant

https://mins.news/en/item/27075

- France 24, 2026-08-20 06:27 UTC
- Economy
- Original: https://www.france24.com/en/live-news/20260820-china-jails-founder-fines-disgraced-property-giant-evergrande

> China sentenced the founder of troubled property developer Evergrande to life in prison on Thursday and fined the group more than $2 billion. The offences included fraud, five years after its high-profile default.

## Related coverage

- [China’s Evergrande founder sentenced to life in prison](https://mins.news/en/video/27844) — DW News, 2026-08-20
- [Evergrande founder jailed for life after pleading guilty to fraud](https://mins.news/en/item/27231) — The Guardian, 2026-08-20
- [China Evergrande founder sentenced to life in prison, CCTV reports](https://mins.news/en/item/26919) — Reuters, 2026-08-20