Former fugitive stands trial for financial fraud

Gao Shan, a fugitive in a financial fraud case who surrendered to police last year, stood trial with six other suspects at a court in Heilongjiang province on Sunday.

Gao, former head of a branch of the Bank of China on Hesong Street in Harbin, the capital of Heilongjiang, was charged with collaborating with the other suspects on planning and executing a fraud between 2000 and 2004, which led to a loss of 1 billion yuan ($163 million).

The Harbin Intermediate People's Court heard the case on Sunday, and the trial is scheduled to continue on Monday.