Pham Bang Bang and her sister are restricted from leaving the country due to suspected tax fraud.
The actress and her brother are said to be cooperating with the police to clarify the matter.
The economic crime investigation police have officially listed the names of Pham Bang Bang and her sisters on the list of restricted exits.Chinese media revealed that Fan Bingbing and her younger brother are under police surveillance at home to cooperate with the investigation by authorities.
According toSina, the important employees of the companies under Bing Bing have all been investigated. The reason the beauty was put on the exit restriction list was because she was involved in many "yin-yang contracts". (Yin-yang contracts refer to contracts that usually have two different versions, one version includes the exchanges that will be made public to avoid the government's eyes, the other version is a secret agreement containing information that the two parties actually agreed upon)
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Not long after rumors of gambling losses, Pham Bang Bang continued to be suspected of tax fraud. |
Last May, the actress was also revealed by famous MC Cui Yongyuan that she earned 60 million yuan in 4 days of filming after signing a yin-yang contract. Fan Bingbing denied this rumor but was still investigated by the National Tax Administration. This incident caused the stocks of companies in which Bingbing was a shareholder to plummet, typically Huayi Brothers and Tangde.
Fan Bingbing is one of the most bankable stars in China and a regular on Forbes magazine's list of richest celebrities.ForbesChina. According to statistics, Fan Bingbing's total income in the past five years is about 1 billion NDT. PageTianyueIt is reported that there are 12 companies owned by Pham Bang Bang, of which the beauty is the legal representative for 5 companies.
