The former head of NetEase’s esports division and the former general manager of NetEase Games are said to have been arrested on money laundering and bribery charges. In addition to former executives Xiang Liang and Jin Yucheng, several other people who worked at the company were also reportedly arrested on corruption charges.
as pointed out by china outlet The former employees are suspected of laundering money worth between 800 million and 1 billion yuan ($111 million to $139 million), the report said. NetEase has confirmed that All that was said was that police were investigating possible corruption. The company says: 9 employees fired on suspicion of bribery.
According to the report, multiple outsiders were also involved. . The media said that NetEase will refuse to do business with 27 companies involved in fraud and corruption allegations, according to an internal memo.
NetEase offers services such as: and Naraka: Blade Point (The latter has an average of over 109,000 players on Steam at any given time). Two free-to-play shooters based on major franchises are in development. and .
White collar crime is not that uncommon in the gaming industry. Sonic the Hedgehog co-creator Yuji Naka was ordered to pay more than $1.1 million last year for admitting insider trading.
