财务造假抬高公司市值导致并购方损失数十亿元，公司老板被判无期

Core Viewpoint - The case highlights the severe consequences of financial fraud in the corporate sector, emphasizing the importance of maintaining market integrity and protecting legitimate business operations [1][2]. Group 1: Case Details - A technology company owner, Liao, engaged in financial fraud to inflate the company's value, leading to a significant loss for a machinery company during an acquisition [1]. - Liao's fraudulent activities included forging documents and manipulating financial records to mislead the acquiring company, resulting in a purchase price of 3.4 billion yuan for a company valued at only 980 million yuan [1]. - The discrepancy between the inflated valuation and the actual value amounted to 2.42 billion yuan [1]. Group 2: Legal Proceedings - The court found Liao guilty of contract fraud, sentencing him to life imprisonment and confiscating his assets, including the 1.9 billion yuan obtained through fraud [2]. - The ruling emphasized the equal application of law to all market participants, ensuring that fraudulent activities are met with appropriate legal consequences [2]. - The Supreme Court underscored the importance of recovering losses for victims while maintaining strict penalties for financial fraud to uphold market order [2].