VIDEO : Fan Bingbing Is Not Missing, But Owes $129 Million

Beijing (CNN)Chinese actress Fan Bingbing has been fined for tax evasion, state media reported Wednesday, the first public pronouncement about the star since she mysteriously disappeared from public view in June. According to state-run news agency Xinhua, Fan has been ordered to pay almost $130 million, after she misreported how much money she had received for certain film projects, using so-called "yin-yang contracts" to conceal from the authorities her true remuneration and avoid millions of dollars in taxes. The disappearance of one of China's most famous and most bankable stars shocked many in the entertainment industry, which had previously largely avoided Chinese President Xi Jinping's ongoing anti-corruption crackdown.