One of Taiwan’s most wanted fugitives killed in US car crash

(From Taipei Times)

Wang You-theng, the fugitive chairman of the now-defunct Rebar Asia Pacific Group, was killed in a car crash early on Friday in California, where he had lived for several years after fleeing the country following his conviction for embezzlement.

Wang You-theng

Wang You-theng

He was 89.

US media reports indicate that Wang’s vehicle was caught in a five-car pileup in West Covina, California, while traveling to make preparations for his daughter’s wedding.

Born in China, Wang ran a department store in Shanghai, then fled to Taiwan following the defeat of the Chinese Nationalist Party (KMT) by the Chinese Communist Party in 1949, where he invested in a popular night club. Read More

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