Latest news with #assettransfer


Independent Singapore
2 days ago
- Entertainment
- Independent Singapore
Zhang Jizhong's ex-wife accuses him of giving his current wife over $40M in assets before their divorce
CHINA: According to VnExpress, Fan Xin Man, who was previously married to the famous filmmaker Zhang Jizhong, has come forward with some serious allegations. She's alleging that, while they were still married, Zhang Jizhong secretly transferred an incredible 300 million yuan (S$53 million) in assets to his current wife, Du Xinglin. Allegations The Yangcheng Evening News just reported that, on Jun 5, Fan apparently hopped onto social media and started making some pretty big claims. The really wild part? She alleged that Zhang had already been living with Du in America before their divorce was finalized in 2016. Fan shared that she'd actually known about the asset transfer for quite some time. She kept silent about it then because she didn't have enough solid proof to make her case. However, she finally decided to speak up after Zhang and his current wife, Du, took legal action against her, demanding 300,000 yuan. This ongoing dispute between them reportedly dates back to 2016. Just three months after his divorce from Fan, Zhang went on to marry Du. Fan had for almost 10 years desired no more contact with 'these two dreadful people.' See also Ahn Jae Hyun joins season 9 of 'New Journey to the West' To counter Fan's accusations, Zhang took to his social media, sharing a bunch of family photos. The photos featured Zhang alongside his wife and their four children—a picture of the life they've built together. Spreading damaging lies However, behind the smiles, it's clear Zhang has reached a breaking point. He recently broke his silence, revealing that ever since their divorce nine years ago, Fan has been spreading damaging lies, seemingly aimed at tearing down his current family. Zhang said he's simply been honouring the terms of their original divorce agreement, although he chose not to get into the specifics of their ongoing legal battle. In a candid statement, he shared that for nearly a decade, Fan has done everything in her power to cause harm to both him and his wife, Du Xinglin. Explaining why he's decided to speak up now, Zhang said, 'I kept quiet and endured it all, but there comes a time when you have to stand up for what's right.' Warmth of family He also revealed his past marital unhappiness, stating, 'In my first marriage, I was not happy. I only felt the warmth of family when I was holding Xinglin's hand.' The director went on to say that he would no longer tolerate Fan's behaviour and would stop at nothing to keep his family safe. Zhang, who's 74, tied the knot with Du Xinglin, 43, back in 2017. Their marriage has sparked considerable discussion due to their significant age difference, with some people likening their relationship to that of a grandfather and granddaughter. They've since welcomed three children together, who are now five, four, and one year old. Du also has a child from a previous relationship, adding to their blended family. Du took to Douyin (China's version of TikTok) to share a glimpse into their family life, revealing that she and Zhang genuinely share the load when it comes to childcare and household chores. Free time with family Zhang, who's known for his early morning workouts, clearly dedicates his free time to his family. He can often be found with his wife and kids, pitching in with everything from changing diapers and putting their youngest daughter to sleep, to driving the older children to school and helping them with their studies. See also Miley Cyrus and Liam Hemsworth finalise divorce He's quite active online, too, frequently sharing little glimpses into his daily life and even offering up parenting tips in his social media videos. Zhang is practically a household name when it comes to bringing the beloved wuxia novels of the legendary Chinese author Jin Yong to the big screen. He's a household name for a reason: He's the mastermind behind some truly incredible film adaptations, especially those based on the beloved works of Jin Yong. We're talking about fan favourites like ' The Smiling, Proud Wanderer ,' ' The Legend of the Condor Heroes ,' ' Demi-Gods and Semi-Devils ,' ' The Return of the Condor Heroes ,' ' Heavenly Sword and Dragon Saber ,' and ' The Deer and the Cauldron .' What's more, Zhang isn't just behind the camera; he's also stepped in front of it, taking on supporting roles in some of these very adaptations he directed. It really shows his dedication to these classic stories.


Daily Mail
16-05-2025
- Daily Mail
She killed Apple exec, his wife and children with her Mercedes...but what she's accused of doing next is truly evil
A San Francisco Mercedes driver accused of killing an Apple executive and his family allegedly tried to transfer her assets to avoid losing her fortune in any civil suit filed over the tragedy. Mary Fong Lau, 79, is accused of mowing down Diego Cardoso de Oliveira, 40, Matilde Ramos Pinto, 38, and their two children with her SUV as they waited at a bus stop in the West Portal neighborhoo d last year. In a new lawsuit filed against Lau, she was accused of hiding her assets after being hit with civil action by the victim's families. Lau is facing the lawsuit under the Uniform Voidable Transactions Act, which alleges that she fraudulently transferred her interest in real estate in San Francisco to avoid losing them in financial restitution. Lau was hit with a wrongful death lawsuit in June 2024, and according to the lawsuit first reported by KTVU, she transferred her stake in three properties in August. The day after she transferred her stake to two newly formed Nevada limited liability companies, her attorneys filed a motion to halt the wrongful death case until her criminal trial is over. Lau's attorneys quickly shot back at the allegations, saying: 'We want to be clear that this is not the case. In the aftermath of the accident, Ms. Lau and her family sought professional help from legal, financial, medical, and mental health consultants. 'While Ms. Lau was advised to reorganize her property holdings in the months following the accident, none of these transfers were intended to evade potential damages arising from this heartbreaking event.' Lau's attorney Seth Morris insisted that she will fully cooperate with both criminal and civil cases against her. 'As a mother and grandmother, she acknowledges the immense suffering of those who lost loved ones and understands their families deserve to be compensated for their very unfortunate loss.' Lau is set for a preliminary hearing on July 17, with her case upended after she was alleged to have changed her story over the horror crash. The San Francisco Standard reported that Lau told witnesses at the scene that she was trying to park when she accidentally hit the accelerator during the fateful incident on March 16. However, Lau told cops at the hospital that the 2014 Mercedes-Benz GLK 350 she was driving malfunctioned before she plowed into the bus shelter where the family of four was struck. Investigators found no problems with Lau's car, which they said was traveling at an estimated 66 to 75 mph, the Standard reported. The crash killed the couple and their sons, 1-year-old Joaquin Ramos Pinto de Oliveira and three-month-old Cauê Ramos Pinto de Oliveira, as the family was waiting to catch a bus to the zoo. Lau has pleaded not guilty to vehicular manslaughter. She was ordered not to drive and to turn over her driver's license to the court. Her attorney, Samuel Geller, told the Standard that there is a 'level of hearsay' in the witness statement given to police, noting that the witness was paraphrasing comments made by Lau in the wake of a traumatic incident. 'I would ask the public to reserve judgment until the court process has taken its course,' Geller said. 'This is a horrific tragedy, and Ms. Lau continues to mourn this incident to this day.' Some witnesses said Lau suffered a medical incident before the crash. Others said she got out of the car yelling, 'What have I done?' Diego and Joaquin were killed at the scene while Matilde and Cauê succumbed to injuries in hospital. The family lived in the Mission District and planned to spend a day at the zoo for their wedding anniversary, friends said. Diego, a creative director at Apple, was from Brazil and Matilde was a film and advertising producer from Portugal. Other people waiting for the bus to arrive were also injured in the crash and received medical attention. One witness, Nikki Mashburn, told The San Francisco Chronicle that she heard the crash and that is sounded like 'an explosion.' She said that the victims suffered head injuries. 'When the paramedics showed up, you could tell … they didn't know what to do first,' Mashburn said. Following the tragedy, advocacy group Walk San Francisco and locals voiced concerns about the intersection of Ulloa Street and West Portal Avenue where the bus stop is located. The group noted that around the intersection, there are multiple places frequented by families and children, like a library, schools and train stations.