The former head of NetEase’s esports division and the former general manager of NetEase Games have reportedly been arrested on charges of money laundering and bribery. In addition to ex-executives Xiang Liang and Jin Yuchen, several other people working at the company were reportedly arrested for alleged corruption.
As noted by Chinese exhaust reported that the former employees in question allegedly laundered approximately 800 million to 1 billion yuan ($111 million to $139 million). NetEase has confirmed this only that the police were investigating possible corruption. It is said that the company has done so has laid off nine employees for alleged bribery.
According to the police, several outside persons were also involved . The outlet noted that NetEase, according to an internal memo, will refuse to do business with 27 companies linked to the alleged fraud and corruption.
NetEase is behind, among other things And Naraka: Bladepoint (the latter of which averages over 109,000 players on Steam at any given time). There are two free-to-play shooters coming, based on major franchises And .
White-collar crime is not a rarity in the games industry. Sonic the Hedgehog co-creator Yuji Naka was last year and ordered to pay just over $1.1 million after admitting to insider trading.
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