近日，中国的保险和金融巨头安邦集团的前董事长因腐败和欺诈而被判入狱18年。
The former head of China's insurance and financial giant Anbang has been jailed for 18 years for corruption and fraud.
今年3月份，吴小晖在国家电视台承认，自己欺诈性地从投资者手中筹集了数十亿美元。
Wu Xiaohui admitted on state television in March to fraudulently raising billions of dollars from investors.
据中国官方媒体报道，他的105亿元人民币将被收缴。
He will also have 10.5bn yuan confiscated from him, according to Chinese state media.
吴小晖于去年六月首次被拘留。中国监管机构于2018年2月接管了安邦。
Mr Wu was first detained in June last year. Chinese regulators took control of Anbang in February 2018.
为了防止过度借贷和由此产生的风险，北京一直严厉监管金融行业，并关注安邦的业务，此前曾向投资者警告过关于该公司的理财产品。
Beijing, which has been cracking down on the financial industry in an attempt to guard against excessive borrowing and risk, had been concerned about Anbang's operations and had previously warned investors about the firm's wealth management products.
由于担心无法履行长期财务义务，监管机构将该公司控制了一年，这是一个不寻常的举措。
In an unusual move, regulators took control of the firm for one year over concerns it would not be able to meet its long-term financial obligations.
监管机构当时表示，他们的行为旨在保护消费者的权益，并保持公司的正常运作。
Regulators said at the time their actions were aimed at protecting the rights and interests of consumers and keeping the firm operating as usual.
安邦以其积极的国际收购而闻名，收购对象包括纽约的华尔道夫酒店。除销售保险产品外，安邦还拥有一系列国际物业和全球品牌。
Anbang is best known for its aggressive international acquisitions, including New York's Waldorf Astoria hotel. In addition to selling insurance products, it owns a portfolio of international properties and global brands.