Your One-Stop Shop for Premium Quality and Unmatched Savings – MakMaxPro Delivers!

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, several other people who worked at the company were reportedly arrested over alleged corruption.

As noted by , Chinese outlet reported that the former employees in question allegedly laundered in the region of 800 million to 1 billion yuan ($111 million to $139 million). NetEase confirmed to only that police were investigating possible corruption. The company is said to have dismissed nine staff members for alleged bribery.

Several external individuals were also implicated, according to . The outlet noted that, per an internal memo, NetEase will refuse to do business with 27 companies that have been connected to the alleged fraud and corruption.

NetEase is behind the likes of and Naraka: Bladepoint (the latter of which averages more than 109,000 players on Steam at any given time). It has two free-to-play shooters on the way based on major franchises, namely and .

White collar crimes aren’t quite 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.

Trending Products

0
Add to compare
- 20%
LG UltraGear QHD 27-Inch Gaming Monitor 27GL83A-B – IPS 1ms (GtG), with HDR 10 Compatibility, NVIDIA G-SYNC, and AMD FreeSync, 144Hz, Black

LG UltraGear QHD 27-Inch Gaming Monitor 27GL83A-B – IPS 1ms (GtG), with HDR 10 Compatibility, NVIDIA G-SYNC, and AMD FreeSync, 144Hz, Black

Original price was: $299.99.Current price is: $240.20.
0
Add to compare
- 31%
Acer Nitro 27″ WQHD 2560 x 1440 PC Gaming IPS Monitor | AMD FreeSync Premium Up to 180Hz Refresh 0.5ms DCI-P3 95% 1 Display Port 1.2 & 2 HDMI 2.0 XV271U M3bmiiprx,Black

Acer Nitro 27″ WQHD 2560 x 1440 PC Gaming IPS Monitor | AMD FreeSync Premium Up to 180Hz Refresh 0.5ms DCI-P3 95% 1 Display Port 1.2 & 2 HDMI 2.0 XV271U M3bmiiprx,Black

Original price was: $289.99.Current price is: $199.99.
0
Add to compare
- 16%
Lenovo 15.6″ FHD Laptop, Intel Pentium N6000 Quad-core Processor, 16GB Memory, 1TB SSD Storage, Ethernet Port, HDMI, USB-C, WiFi & Bluetooth, Windows 11 Home, WOWPC USB Bundle

Lenovo 15.6″ FHD Laptop, Intel Pentium N6000 Quad-core Processor, 16GB Memory, 1TB SSD Storage, Ethernet Port, HDMI, USB-C, WiFi & Bluetooth, Windows 11 Home, WOWPC USB Bundle

Original price was: $429.00.Current price is: $360.99.
.

We will be happy to hear your thoughts

Leave a reply

MakMaxPro
Logo
Register New Account
Compare items
  • Total (0)
Compare
0
Shopping cart