Australia, April 12 -- New South Wales Land and Environment Court issued text of the following judgement on March 12:
1. Jiawen Li has sought the return of $9,243,112.50 that he advanced to Nina and Marlas Zhu, and/or an interest in assets purchased with his money.
2. Jiawen is a Chinese national living in China. In 2017, a family friend, Mr Xiaoqing Zheng, introduced Jiawen and his father, Hongqing Li, to Nina and Marlas, who had experience in property development in Sydney.
3. Hongqing, rather than Jiawen, discussed with Nina a possible investment for Jiawen involving property. Mr Zheng also attended all relevant meetings, but did not give evidence, despite being available to do so.
4. Nina had told Hongqing that, based on her track r...