Wu Ying

Wu Ying (Chinese: 吴英; pinyin: Wú Yīng, born 20 May 1981[1]) is an entrepreneur from the city of Dongyang in Zhejiang Province, and formerly the sixth-richest woman in China.

[1][3] Later she opened her own beauty parlour on Dongyang's West Street and claimed to have made huge profits selling sheep placenta extract, a popular anti-aging product in China.

[3][2] Wu Ying was arrested in February 2007 for illegal fundraising and fraud,[9] and was tried in April 2009 at the Intermediate People's Court in Jinhua, a prefecture-level city that administers Dongyang.

[citation needed] Wu Ying's attorney Yang Zhaodong, however, contested that she merely borrowed the money from 11 of her friends and invested the funds in profitable businesses.

[citation needed] In March 2012, Chinese Prime Minister Wen Jiabao said at a news conference that Wu Ying's case should be carefully handled by the Supreme Court.