China North East Petroleum Executive’s Case Ends in Mistrial
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A fraud case against a former vice president of China North East Petroleum Holdings Ltd. ended in a mistrial after jurors failed to agree on charges that he was part of a scheme to divert share offering proceeds, according to court records.
Jurors in the case against Chao Jiang in federal court in Washington today told the judge that they couldn’t agree on the securities and wire fraud charges, which were filed last year and stemmed from a U.S. Securities and Exchange Commission case in 2012, according to court records.