Yan Yun Min lost $300 Million. Read more on 4Gamblers.club

Yan Yun Min runaway to New Zealand and lost there about $300 million

Yan Yun Min lost $300 Million

The former chairman of the board of Tonghua Golden-horse Group, a pharmaceutical company from Jilin province of Northeast China, was called a “chinese father of viagra” for the company’s main product line connected with improving of masculine libido.
Yan Yun Min quit the company in October 2001. After the company witnessed losses up to ¥584 million or $90 million.

Afterwards he moved to Australia, and then to New Zealand. Chinese police suspected him in the misappropriation and opened a criminal case. As a result of all prosecution measures, the Chinese government managed to return about 2.83 million of all stolen money.

Yan Yun Min lost $300 Million. Read more on 4Gamblers.club

Local reporters discovered that the tricky entrepreneur turned out a to bet a great gambling addict.

He seemed to prefer playing down huge amounts of money for casino games. The total amount lost in local land-based casinos reached up to $ 300 million . New Zealand journalists has reported about one case when Yan Yun Min lost about $5 million in Skycity casino for about 80 minutes.
Yan Min has taken the 5th place in the list of the most corrupted and wanted refugees of his motherland.
Despite of the fact Chinese Father Of Viagra was prosecuted for the money laundering. There were enough evidence that $300 million had nothing to do with that case. None of all criminal cases executed against the great gambler had anything to do with gambling.