Evergrande’s Founder Sentenced to Life in Prison in China Court After Firm’s Default of $300 Billion in Liabilities

Evergrande’s Founder Sentenced to Life in Prison in China Court After Firm’s Default of $300 Billion in Liabilities

Evergrande’s Founder Sentenced to Life in Prison in China Court After Firm’s Default of $300 Billion in Liabilities
August 22, 2026

Evergrande’s Founder Sentenced to Life in Prison in China Court After Firm’s Default of $300 Billion in Liabilities

The AP reported this week on the latest in the Evergrande bankruptcy:

Chinese authorities are moving to finish cleaning up the mess left by the collapse of the Evergrande real estate empire, years after its default with some $300 billion in liabilities.

A court in southern China’s Guangzhou said Friday it had accepted a bankruptcy liquidation case against Evergrande’s mainland Chinese property development unit, which according to industry data accounted for much of the group’s overall debt.

That came a day after a court in the city of Shenzhen sentenced China Evergrande’s 67-year-old founder Hui Kan Yan to life in prison for financial crimes. On the same day, dozens of others tied to the group, including Hui’s sons, also were sentenced to prison terms of up to 18 years.

We reported in 2023 on Evergrande’s bankruptcy:

The China economy is in trouble, like the rest of the world’s economies.  The Evergrande failure has been in the works for some time now.  Once one of the most prestigious firms in China, it’s now facing bankruptcy.

The founder of Evergrande is lucky to still be alive.

The collapse of the Chinese economy is here.

China Is Cracking – Real Estate Is Tumbling and “Maybe” Some People Won’t Be Able to Leave the Country

In 2023, the world began to see China’s economy falter.  We reported on a report at the Business Insider.

It’s been clear for years that the Chinese real-estate market has been in trouble. China has a population of 1.4 billion, but it has built housing for a population of 3 billion, according to expert estimates. Many of the mega-developments became empty monuments to Beijing’s insatiable desire for growth. In Shenyang, farmers have taken over a development of empty mansions for cattle grazing.

At that time, real estate giant Evergrand began reporting problems.  Now its founder is in prison for life.

China’s Evergrande Files for Bankruptcy – World Economy in Dangerous Shape

Now the value of real estate in China is collapsing to its lowest prices in at least the last 20 years.

In response, the government instituted a law saying that it will not allow some people to leave the country, maybe.

🚨 China Just Made “Maybe” a Crime. Now Everyone Is a Flight Risk.

Beijing has quietly redrawn the line between citizen and suspect, and it did it with a single word.

Under China’s new Regulations on Exit and Entry Administration, effective September 15 but already being trialed at some ports, one term appears again and again: “may.” Not “did.” Not “will.” May. If an official decides you “may endanger national security, interests, industrial security, or technical security,” you can be barred from leaving the country. Nowhere does the text define what “may endanger” actually means.

That vagueness is the point. The power to stop you at the border has been pushed all the way down the chain, provincial governments, the Commerce Ministry, even county-level offices can now decide who flies and who stays. As geopolitics scholar Chen Wen-chia puts it: you’re no longer flagged for what you did, but for what someone imagines you might do.

This is the machinery of a paranoid state, jumping at its own shadow. China has flipped its legal logic from punishing crimes after the fact to preventing exit before anything happens. State firms are reportedly already tightening travel approvals for staff. Those labeled a “threat” abroad can be blocked from leaving for six months to three years after they return.

Why now? Because the regime is scared. With the economy sagging and public anger simmering, Beijing fears its own people voting with their feet, and fears even more what they say when they come back. Engineers in semiconductors, AI, and finance should read the fine print: you may be next on the watchlist.

The message to 1.4 billion people is chillingly simple: the door is closing, and no one will tell you why. (Aric’s note: Regarding China’s current population, some analyses and experts believe it is far smaller than the official figures claim, though the actual data remains unclear.)

If you’re planning to leave China, understand the rules before they understand you.

ACI — Aric Chen | Insights

Editor’s note: The video is a related news segment from the World News I anchor.

Anyone in China not paying off a mortgage that is higher than the related property will now “maybe” not be allowed to leave the country.

The post Evergrande’s Founder Sentenced to Life in Prison in China Court After Firm’s Default of $300 Billion in Liabilities appeared first on The Gateway Pundit.

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Author: Joe Hoft

SICKENING: Youths Viciously Attack and Rob Single Father as Part of a TikTok Stunt While He Relaxes in His Jacuzzi (VIDEO)

SICKENING: Youths Viciously Attack and Rob Single Father as Part of a TikTok Stunt While He Relaxes in His Jacuzzi (VIDEO)

SICKENING: Youths Viciously Attack and Rob Single Father as Part of a TikTok Stunt While He Relaxes in His Jacuzzi (VIDEO)
August 22, 2026

Two teenagers rob and kick a man in the back of his head while he is in his jacuzzi. Credit: KTLA screenshot

Two youths committed a sickening act of violence last week against a hard-working single California father who regularly helped those less fortunate.

As NBC Los Angeles reported, 48-year-old San Bernardino chef Greg Medina was relaxing in his jacuzzi after a long day at work when two teenagers suddenly snuck up behind him and attacked.

One youth kicked the father hard in the back of the head while the other snatched his phone. Both then run away.

KTLA shared footage of the horrific and cruel attack on Friday.

WATCH:

Medina, who works as a chef at the nonprofit Lutheran Social Services, where he has been feeding the homeless for more than a year, suffered a concussion and had to go to the emergency room. He says he still suffers from dizzy spells and headaches.

“I’ve been having a lot of dizzy spells, headaches, and got diagnosed with post-concussion disorder,” Medina told KTLA.

The attack has also forced Medina, a father to a 12-year-old girl, to miss work and lose money while recovering. He is her sole provider.

Two 13-year-olds were arrested on felony charges after being turned in by their parents on Friday. Medina said he learned the teens had been trying to film something for TikTok when they assaulted him.

One of the fathers reached out to Medina and informed him that his son was involved in the attack. Per the New York Post, Medina later met both teens, their fathers, and other family members at the jail.

The boys apologized to Medina, who then shook hands with them.

“They apologized to me, and we shared an embrace and a hug and told them I forgive them,” Medina told KTLA.

“They apologized to me. I don’t hate them. These are two young men that need help.”

The post SICKENING: Youths Viciously Attack and Rob Single Father as Part of a TikTok Stunt While He Relaxes in His Jacuzzi (VIDEO) appeared first on The Gateway Pundit.

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Author: Cullen Linebarger

Cause of Death Reportedly Revealed for Missing US Attorney Found Dead Inside Federal Building After Being Reported Missing

Cause of Death Reportedly Revealed for Missing US Attorney Found Dead Inside Federal Building After Being Reported Missing

Cause of Death Reportedly Revealed for Missing US Attorney Found Dead Inside Federal Building After Being Reported Missing
August 22, 2026

Assistant US Attorney Andrew Haden

The cause of death of a federal prosecutor who once served twice as acting US Attorney based in San Diego has reportedly been revealed.

As previously reported, a caller informed the San Diego Police late Wednesday evening to report that Haden might be missing.

A short time later, he was discovered dead by law enforcement in an office at 880 Front St. in Downtown San Diego.

Southern District U.S. Atty. Adam Gordon confirmed b Haden’s death in a statement, calling it “one of the darkest days in our office’s history.”

“But there was nothing dark about Andrew Haden’s life,” he added.

Now, the New York Post exclusively reports that Haden died by hanging in an apparent suicide.

This should not come as a surprise since San Diego Police Department spokesperson Ashley Nicholas previously noted that no foul play was suspected.

Per the Post, an investigation into the incident remains ongoing, and the San Diego medical examiner will determine the official cause of death.

As The LA Times notes, Haden had worked for the U.S. attorney’s office since 2010 and twice served as acting U.S. attorney for the Southern District of California during transitions of leadership.

The first was around two months in 2023, and then another two-month stint in 2025.

Haden also served in the US Navy for five years and completed two deployments in Iraq and Liberia.

After serving America, Haden attended law school at the University of San Diego and served as a court clerk for US District Judge Thomas J. Whelan in the Southern District of California.

Haden leaves behind a wife and two children.

Family members remembered him with several comments shared on social media.

“Shocking, heartbreaking, surreal, just can’t wrap my head around it at the moment. Always remember TOMORROW NEEDS YOU! 988 RIP LT Andrew Haden,” one family member wrote on Facebook.

The post Cause of Death Reportedly Revealed for Missing US Attorney Found Dead Inside Federal Building After Being Reported Missing appeared first on The Gateway Pundit.

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Author: Cullen Linebarger

Convicted Murderer Karmelo Anthony’s Terrifying School Records and More Stunning Texts are Revealed for the First Time, Including “Imma Shoot the School Up Tmr”

Convicted Murderer Karmelo Anthony’s Terrifying School Records and More Stunning Texts are Revealed for the First Time, Including “Imma Shoot the School Up Tmr”

Convicted Murderer Karmelo Anthony’s Terrifying School Records and More Stunning Texts are Revealed for the First Time, Including “Imma Shoot the School Up Tmr”
August 22, 2026

Karmelo Anthony mug shot

Karmelo Anthony’s re-trial bid continues to go off the rails for him as more shocking information comes to light about his past.

As The Daily Mail’s MaryAnn Martinez reported, Collin County prosecutor Bill Wirskye delivered explosive new evidence on Friday that was never heard by the jury in Anthony’s June trial for killing Austin Metcalf, which took place in Collin County.

Such evidence included Anthony’s school disciplinary records, which date back to when he was just 6 or 7 years old in Baton Rouge.

His problems were so severe that he was placed on a behavioral plan at the LSU Psych Department when he was just 10 YEARS OLD!

From Martinez:

He lived in Louisiana before moving to the Dallas area for high school. His discipline history began when he was just 6 or 7 years old in Baton Rouge.

There’s an incident where Anthony punched another student despite being repeatedly asked to keep his hands to himself. There were other incidents of “willful disobedience,” or habitually violating rules.

This led to Anthony being placed on a behavioral plan at the LSU Psych Department when he was 10.

However, the problems did not stop. In 2021, he was “getting into it with teachers” again.

But this was just the beginning of the revelations. The state also showed Anthony’s writing racist slurs on his phone and admitting to assaulting an innocent girl.

He also boasted about shooting up a school.

More from Martinez:

A note found in Anthony’s cell phone included a racist rant. Texts showed that Anthony hit a girl in the face.

“There seemed to have been an obsession with fighting when we searched his phone,” Wirskye testified.

In one phone message, Anthony stated: “That’s the only person I’ll shoot instead of fight”

“imma shoot the school up tmr”

Martinez also added that the prosecution shared evidence where Anthony talked about using weapons, including ‘assault’ rifles.

All of these shocking revelations were previously left out as part of a gentleman’s agreement at the previous trial, with the jury only hearing about “what happened under the tent,” referring to the track team tent where the stabbing happened.

The purpose was reportedly to keep damaging information about both Anthony and Metcalf that could sway a jury.

But thanks to Anthony and his defense team’s delusional bid to press on, this information about their client is all coming out.

As The Gateway Pundit’s Cassandra MacDonald reported on Thursday, Collin County prosecutor Bill Wirskye detailed how the convicted murderer had been reported for stalking his ex-girlfriend just before he fatally stabbed 17-year-old Austin Metcalf at a Frisco track meet.

Wirskye also shared texts in which Anthony expressed being “on the verge” and fantasized about stabbing someone and licking the blood from the blade.

The post Convicted Murderer Karmelo Anthony’s Terrifying School Records and More Stunning Texts are Revealed for the First Time, Including “Imma Shoot the School Up Tmr” appeared first on The Gateway Pundit.

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Author: Cullen Linebarger

EXCELLENT: Florida is Requiring Public Schools to Teach Students About the Dangers of Communism (VIDEO)

EXCELLENT: Florida is Requiring Public Schools to Teach Students About the Dangers of Communism (VIDEO)

EXCELLENT: Florida is Requiring Public Schools to Teach Students About the Dangers of Communism (VIDEO)
August 22, 2026

Florida is now requiring schools to teach students about the dangers of communism. This is the way. Schools all over the country should have been doing this for years.

Instead, far left colleges and universities have been promoting the ideas of socialism and by extension, communism. It’s exactly why you see so many young people embracing the utterly backwards messages of Bernie Sanders and AOC.

History is very clear on the subject. Communism leads to starvation and death.

From WEAR News:

Last November, the Florida Board of Education approved new standards for an upcoming “History of Communism” curriculum coming to the state’s schools.

FDOE officials said the standards were “developed by Florida educators and content experts.” They’re set to be implemented to middle and high school students beginning in the 2026-27 school year.

“With the adoption of the History of Communism Standards, Florida is leading the nation by equipping students with a truthful, in-depth understanding of how communist ideologies suppress individual freedoms, abuse power, and inflict widespread suffering,” FDOE said…

Paul Fetsko serves on the Escambia County school board.

He says this isn’t the first time Florida has required students to learn about communism.

“It was an Americanism versus communism course,” Fetsko said. “It was a semester course [14 years ago] that was required of all seniors.”

“As the standards and benchmarks have changed, things get assumed into other courses or they are taken away because something else becomes a more pressing topic,” he added.

The new state standards require middle and high school students to study the history of communist governments, including how communist regimes have been linked to poverty, famine, political repression, and violence.

FOX News just did a report on this. Watch:

It is absurd that we are even entertaining the failed ideas of communism after defeating it in the Cold War.

American public schools have a duty to teach the next generations the truth about history.

The post EXCELLENT: Florida is Requiring Public Schools to Teach Students About the Dangers of Communism (VIDEO) appeared first on The Gateway Pundit.

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Author: Mike LaChance

President Trump Shuts Down Protester at Myrtle Beach Rally for Graham: ‘Your mom is voting for us’

President Trump Shuts Down Protester at Myrtle Beach Rally for Graham: ‘Your mom is voting for us’

President Trump Shuts Down Protester at Myrtle Beach Rally for Graham: ‘Your mom is voting for us’
August 22, 2026

Trump South Carolina

On Friday night, President Trump traveled to Myrtle Beach, South Carolina, to hold a rally with GOP Senator Darline Graham.

Darline Graham, the sister of the late Senator Lindsey Graham, advanced in the South Carolina Senate Republican Special Election Primary earlier this month.

Darline Graham will face off against Rep. Ralph Norman (R) in the August 25 runoff.

President Trump endorsed Darline Graham last month, saying, “Darline, who comes from an absolutely incredible family, has been a WINNER all of her life and, should she accept, has my Complete and Total Endorsement in the Special Election for U.S. Senate in South Carolina — SHE WILL NEVER LET YOU DOWN. RUN, DARLINE, RUN! President DONALD J. TRUMP.”

During the rally, a protester began shouting at the President before being escorted out by police and convention center staff.

President Trump paused his remarks and addressed the protester.

“That’s all right. That person’s going home to mom.”

“Gonna get scolded because mom is voting for us. You know, mom is voting for us.”

Watch:

Senator Lindsey Graham died last month after a brief, sudden illness.

“The preliminary examination findings were: Aortic Dissection due to Arteriosclerotic Cardiovascular Disease,” Graham’s office said, according to the medical examiner.

The post President Trump Shuts Down Protester at Myrtle Beach Rally for Graham: ‘Your mom is voting for us’ appeared first on The Gateway Pundit.

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Author: Margaret Flavin