Yan Yongming, known as the "father of China's Viagra", returned to China after 15 years of absconding and surrendered.Recently, CCTV's documentary "Red Notice" exposed his luxurious life and gambling deeds while on the run. When he fled to New Zealand, he spent a lot of money on gambling, squandering about 1.5 billion (Hong Kong dollars, the same below) in the casino, and in the 1980s.About 26 million yuan was lost in two minutes.He also owns four famous cars including Ferrari and Porsche. Yan Yongming, No. 5 of the "Hundred Red Notice Personnel", was the former chairman of Tonghua Jinma Pharmaceutical Group Co., Ltd.He bought the aphrodisiac drug "Qisheng Capsule" for more than HK$300 million, so he is called "the father of Viagra in China".In 2001, he fled to Australia and New Zealand with a huge sum of money. In addition to gambling heavily in New Zealand, he also purchased half of the top floor of a hotel worth 12 million yuan, and 6.8 million yuan.mansion.He also holds shares in several Chinese restaurants, including the famous Judexuan. Yan Yongming spends his days drinking and drinking, and is extremely extravagant.It is reported that he needs several cars every time he travels, and the drivers, bodyguards, and girls he hires when he eats in restaurants need to sit at one table.It was not until the release of the 100 Red Notice List in 2015 that Yan Yongming's true identity and alleged criminal history were exposed. In the same year, New Zealand formally prosecuted him for money laundering. He eventually returned to China and surrendered a year later.He was sentenced to three years in prison for the crime of embezzlement, suspended for three years, and confiscated the proceeds of the crime.
