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I bet Bernie Madoff's happy he doesn't live in China:

Chinese official dubbed the "land granny" was executed after amassing 145 million yuan ($23 million) in bribes and illicit wealth, media reported on Thursday, offering a glimpse into the country's underground economy in land deals.

Luo Yaping was head of a land sub-bureau in a district of Fushun, a city in northeast China -- not an especially high position -- and yet she was able to use her power over land development and compensation to accumulate a fortune in bribes and embezzled compensation, the China News Service reported.

Luo, 50, was executed on Wednesday, the report said.