Although many people live on the line of food and clothing for most of their lives, their ideal identity is to become a rich man in everyone's eyes. Although there are quite a lot of rich people in China, many of them are inherited from their families. Generally, there are not many people who want to become rich from scratch.

whenever the rich are mentioned, people always feel that they are full of mystery and legend, which makes people curious and envious. There was once a rich woman on the rich list. Originally, she had a good hand in life, but she didn't make good use of this opportunity.

She is Li Baohua, once the president of the famous Xiamen Mingda Group. Li Baohua was born in a very ordinary family in Xiamen. Due to the difficult family conditions, Li Baohua dropped out of school early at the age of 13 and set foot on the society. However, many people did not expect that an ordinary rural girl like Li Baohua would become a "billionaire" in her later life.

However, it is understood that Li Baohua, the so-called "billionaire" in everyone's eyes, had the experience of fraud in her early years, and she was rehabilitated through labor for more than two years for fraud. Soon after, Li Baohua transformed herself. In 26, she established Dongfang Mingda Trading Co., Ltd. in Xiamen. She declared that her company has a wide range of business, involving real estate, entertainment, logistics and other businesses. But in fact, the company she founded is actually a shell company. Its main function is to help Li Baohua get investment. She wants to cheat others' property in the name of investment cooperation and capital turnover.

She constantly uses her false identity as a "rich woman" to attract investment, and her most famous scam is to use the "rich bastard" scam. She and Hong Kong's Lin Rufa once designed a shocking scam, that is, let Lin Rufa play Li Ka-shing's illegitimate child "Lin Xiaodong" falsely. Through this scam, many investors increased their trust in her, and she also drew a lot of money from it. Became a veritable "billionaire."

It is understood that Li Baohua later founded a private beauty club. Women who can become members of the club usually need more than 5 million yuan to join, but those rich women are willing to spend money to join. Li Baohua got so much money, except for a small part of the company's corporate investment, most of it was used for profligacy, leading an extremely extravagant rich life. For example, she was very fond of jewelry, luxury goods and luxury cars, and there were countless luxury bags and winning numbers jewels in her family. Moreover, she is also a woman who loves beauty very much. In order to keep her figure, she spends more than 6, yuan on "body acupuncture". Faced with such a high price, she didn't blink, and even she drank the very expensive bird's nest as water.

In the extravagant life, she gets deeper and deeper, and always likes to enter various high-end consumption places when she has nothing to do. Her fraudulent way also costs her.

In the end, her life was ruined. Her false status as a rich woman was later discovered. She was arrested by the police when she fled to Shanghai. She was sentenced to life imprisonment and deprived of political rights for life. Although she once enjoyed all the splendor, she paid a huge price for it for the rest of her life, which led to jail for herself. Such a life is rather sad.