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Former Chinese media executive jailed 4 years for extortion

Xinhua, December 24, 2015 Adjust font size:

Shen Hao, former president of the 21st Century Media Co. Ltd., was sentenced to four years in prison on Thursday for blackmailing companies with threatened negative coverage.

Shen was convicted of extortion and forced transactions, among other crimes, the People's Court of Shanghai's Pudong New District said in a statement.

According to the verdict, Shen was fined 60,000 yuan (9,266 U.S. dollars) and all his illegal gains were confiscated. The media group was fined 9.485 million yuan. Endi