DEATH ON THE RUN:Wang You-theng fled the country at the end of 2006 to escape punishment after being convicted of embezzling NT$32 billion, and maintained a lavish lifestyle abroad
Date: May 31, 2016
By: Ted Chen / Staff reporter
Wang You-theng (王又曾), the fugitive chairman of the now-defunct Rebar Asia Pacific Group (力霸企業集團), was killed in a car crash early on Friday in California, where he had lived for several years after fleeing the country following his conviction for embezzlement.
He was 89.
US media reports indicate that Wang’s vehicle was caught in a five-car pileup in West Covina, California, while traveling to make preparations for his daughter’s wedding.
The crash took place on the westbound Interstate 10 between Citrus and Barranca avenues at 1:10am on Friday, according to local media reports.
Wang was reportedly unconscious as his wife, Wang Chin She-ying (王金世英), pulled him out of the burning wreckage of his German luxury sedan. [FULL STORY]