SHANGHAI — When top Chinese business leaders and officials face charges, they usually have one option: Go quietly.

The tycoon at the center of one of China’s biggest cases of financial fraud seems to be taking a different path.

A lawyer representing Wu Xiaohui, a businessman who rose to prominence in part through his company’s purchase of the Waldorf Astoria hotel in New York, said Wednesday in a social media post that Mr. Wu would appeal a lengthy prison sentence for bilking investors. The lawyer, Chen Youxi, said the Shanghai High People’s Court was already preparing for a review.

Although the post was subsequently taken down, Mr. Chen’s law firm, Capital Equity Legal Group, said the information was accurate.

Follow Paul Mozur on Twitter: @paulmozur.

Carolyn Zhang contributed research.

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