Kidnapped Chinese Billionaire Says His Captors Forced Him to Murder a Woman on Camera


A Chinese billionaire who was held ransom by kidnappers has told police that they also forced him to kill a woman while being filmed.

Zhang Yingqi, the 53-year-old chairman of the Sichuan Yibin Yili Group conglomerate, was abducted while riding an elevator in his residential building on Nov. 10, according to Chinese news reports.

Police said in a statement that four kidnappers — three men and one woman — pepper sprayed Zhang and then tied him with ropes, gagged and blindfolded him before taking him to a remote village home.

The kidnappers then threatened him with a handmade gun and demanded a 100-million yuan ($15.7 million) payment from the tycoon in exchange for his freedom, according to China Daily. They then reportedly coerced him into strangling to death a 23-year-old massage parlor worker they had also abducted. After filming the murder, they threatened to release the video if he did not pay the ransom by March 2016.

Shortly after, Zhang was released by his captors. He reported the incident to police the next morning and the suspects were arrested later that day.

At the crime scene, authorities found a burned body, gun, rope and oven, which they believe was used to try to get rid of the woman’s remains.

Support our Journalism with a Contribution

Many people might not know this, but despite our large and loyal following which we are immensely grateful for, NextShark is still a small bootstrapped startup that runs on no outside funding or loans.

Everything you see today is built on the backs of warriors who have sacrificed opportunities to help give Asians all over the world a bigger voice.

However, we still face many trials and tribulations in our industry, from figuring out the most sustainable business model for independent media companies to facing the current COVID-19 pandemic decimating advertising revenues across the board.

We hope you consider making a contribution so we can continue to provide you with quality content that informs, educates and inspires the Asian community. Even a $1 contribution goes a long way. Thank you for everyone’s support. We love you all and can’t appreciate you guys enough.

NextShark is a leading source covering Asian American News and Asian News including business, culture, entertainment, politics, tech and lifestyle.

For advertising and inquiries: