Founder of collapsed Chinese property giant Evergrande sentenced to life in prison
Founder of collapsed Chinese property giant Evergrande sentenced to life in prison. The KRAK 11 News hour: The World Desk, Criminal Intent, Animals, A Quick Look At Sports. Real stories from named sources, read by Chip Marlowe and Deb Sarkissian.
Aired 2026-08-20 06:49 UTC · 5 segments · 8 min · complete transcript below
Rundown
KRAK 11 NEWS
Good evening. I am Chip Marlowe. This is KRAK 11 News, Fairmont, the top of the hour.
I am Deb Sarkissian. Coming up this hour: the World Desk, where we begin with a tragedy in Australia — a missing teen hiker has been found dead after an eight-day search.
Criminal Intent brings you a Florida Man Tribute from back in June of this year — a Trump official suggested that taking over Greenland could bring back Red Lobster's endless shrimp.
I am not sure that is how foreign policy works.
Animals has number five on the KRAK 11 animal countdown — a predator video that gained over half a million views in thirteen hours. And we close the hour with a Quick Look at Sports, where the BBC's pundits have made their Premier League predictions.
Still ahead on KRAK 11 News — the World Desk begins with the search that ended in heartbreak. We will have the details when we come back.
THE WORLD DESK
The World Desk.
We start with a life sentence handed down in China, supplements in professional sport, and GCSE results day across the United Kingdom.
It is a big week for fifteen-year-olds in England.
Sixteen.
Close enough. Let us begin.
In China, the founder of the Evergrande Group has been sentenced to life in prison. Hui Ka Yan built one of the country's largest property developers before it collapsed in twenty twenty-one.
Evergrande had over three hundred billion dollars in debt when it went under. That is the entire economy of Singapore.
Closer to Portugal, actually.
Either way, a lot of money.
The sentencing marks a major moment in the fallout from Evergrande's collapse, which sent shockwaves through China's property sector and affected millions of homebuyers who had paid in advance for apartments that were never completed.
Hui was also fined about sixty-two million dollars and will have all his personal assets seized. Chinese courts do not often hand down life sentences in financial cases.
He was convicted of illegal use of deposits. The company is still being liquidated, and that process is expected to take years.
Now to the world of elite athletics, where the list of supplements taken by professional athletes is long and specific. We are talking protein powders, creatine, caffeine, beetroot juice.
Beetroot juice improves blood flow and oxygen delivery. It is very popular with endurance athletes, especially cyclists and distance runners.
Creatine helps with explosive power. Sprinters, weightlifters, football players use it to get that extra half-second of force.
Caffeine is on the list, too. It sharpens focus and delays fatigue. But the amounts athletes take are carefully measured, because too much can disqualify you under anti-doping rules.
The whole idea is that when everyone is already excellent, a one-percent improvement is the difference between gold and fourth place.
And every single substance has to be cleared by the World Anti-Doping Agency, because contamination in supplements is a real risk. One bad batch can end a career.
That is very high stakes for beetroot juice.
It is.
Across the channel now to the United Kingdom, where students are getting GCSE results this week. Those are the exams taken at age sixteen, roughly equivalent to our sophomore year.
Age fifteen, usually. The exams happen in May and June, results come out in August. Students in England, Wales and Northern Ireland all take them.
Fifteen. Right. And if you are unhappy with your grade, there is a formal process. You can ask your school to check the marking, or request what is called an appeal to the exam board.
The school reviews it first. They look at whether the marks were added correctly, whether the exam was scored according to the published guidelines. If there is still a question, it goes to the board.
Appeals can take weeks, and there is no guarantee your grade will go up. Sometimes it stays the same. Occasionally it goes down.
Which is why students are advised to be certain before they ask for a review. The process is thorough, but it is not quick, and universities and colleges do not wait.
Results day is Thursday across England, Wales and Northern Ireland. We wish those students well.
We do.
If you are watching on YouTube, do subscribe. It genuinely helps a station our size.
It costs you nothing and it means a great deal to us.
Still ahead on KRAK 11 News, Criminal Intent. A case that began with a nine-one-one call and has now stretched across three counties.
We have the details when we come back.
CRIMINAL INTENT
Time now for the KRAK 11 Blotter.
We begin tonight with what may be the most important question facing our nation's leadership: could Greenland bring back endless shrimp?
This is from June of this year. A Trump-appointed official suggested to The New Yorker that if the United States were to take over Greenland, it might restore Red Lobster's all-you-can-eat shrimp offer.
The official did not specify whether the shrimp would come from Greenlandic waters or whether this was merely aspirational policy.
Red Lobster discontinued the promotion after it reportedly cost the chain eleven million dollars.
That is eleven million dollars in shrimp, Deb.
It is. Also back in May, Health and Human Services Secretary Robert F. Kennedy Junior was filmed wrangling snakes on Dr. Mehmet Oz's patio.
Video shows Kennedy handling a pair of black North American racer snakes at the home of the CMS administrator. Both men appeared calm.
The snakes were unharmed and released.
And in what the Pentagon is calling the latest tranche of unidentified aerial phenomenon materials, video released this week shows what appears to be an object flying over the Middle East last year.
The U.S. military tracked the object, which has not been identified. The video is part of ongoing government disclosure on UAP sightings.
Also in May, Dr. Hal Puthoff, a figure involved in UAP research, told an audience the United States has recovered the remains of four separate species of alien life from spacecraft.
Dr. Puthoff claims the information came from people involved in the recoveries. The government has not confirmed his statement.
Four species.
That is what he said.
That is eight Florida Man Tributes in eight weeks, which I believe is a record for this program.
It is. Still ahead tonight, we have a story about an animal that has been causing concern in Wexler County for three consecutive weeks.
Marguerite has been calling about this one.
She has. That is coming up next on KRAK 11 News.
ANIMALS
Time now for Animals.
The good news desk.
We have got turtles, we have got wildcats, and we have got a ranking system that makes more sense than YouTube's.
The KRAK 11 animal countdown tracks the videos that are gaining views fastest, not the ones with the most total. It is a different list than YouTube runs.
Number five this hour is a video called When the Predator is Already Watching You. It gained five hundred twenty-three thousand views in the last thirteen hours.
Seven point eight million total. Down one spot since the last count. Posted in August by Mind Fragments.
YouTube has it at twenty-four. We have it at five.
Different math.
An endangered sea turtle made a five thousand mile journey from Wales back to Texas. The turtle was tagged, so researchers tracked the whole trip across the Atlantic.
Five thousand miles is roughly the distance from here to London.
That is a very determined turtle.
Scotland recorded its first confirmed sighting of a wildcat swimming. The species is critically endangered and very rarely seen.
There are fewer than three hundred left in the wild.
And one of them decided to go for a swim.
Good for him.
Coming up in just a few minutes, A Quick Look at Sports, and we will tell you which major league team just hired a coach who has never played the game professionally.
Stay with us.
A QUICK LOOK AT SPORTS
Time for a quick look at sports.
You have been waiting for this all hour.
I have a list, Deb. It is a very good list.
The Cubs beat the White Sox five to four on Pete Crow-Armstrong's first career walk-off. Jason Heyward drove in two. That is how you finish a ballgame.
Ohio State is ranked number four in Yahoo Sports' preseason college football poll. The Buckeyes are favored to beat Michigan and win the playoff.
Magnus Carlsen defended his chess title at the twenty twenty-six Esports World Cup. Still the best in the world.
You follow chess now?
I appreciate excellence, Deb.
Still ahead, the next KRAK 11 News at the top of the hour. We will have more on the county road repairs, the crews that started at six this morning, and when you can expect your commute back.
Thank you for watching. We will see you at the top of the hour.
Reporting behind this episode
- Which supplements do athletes take and why?
- Founder of collapsed Chinese property giant Evergrande sentenced to life in prison
- What to do if you're unhappy with your grades
- Trump official suggests U.S. takeover of Greenland could bring back Red Lobster's endless shrimp: Report
- Video shows US military tracking what appears to be mysterious object flying over Middle East in 2025
- Watch: RFK Jr. wrangles snakes on Dr. Oz's patio
- UFO insider claims US has bodies of 4 different alien species from downed spacecraft in government custody
- When the Predator is Already Watching You
- When the Predator is Already Watching You
- When the Predator is Already Watching You
- When the Predator is Already Watching You
- When the Predator is Already Watching You
- Premier League predictions 2026-27: BBC Sport pundits pick their top four