Why is William Shaw imprisoned?

His wife and daughters believe false accusations from her childhood friend Jeremy Turner and testify against him.

What does William do after his release?

He replaces planned inheritance transfers with divorce and disownment papers, cutting off his family financially.

Billionaire Father's Final Severance

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Billionaire Father's Final Severance — A billionaire chairman is betrayed by his wife and three daughters, who believe a childhood friend's lies and send him to prison.

William Shaw spends decades expanding a multi-billion dollar enterprise while granting his wife and three daughters every luxury. Their loyalty collapses when Jeremy Turner, his wife's childhood friend, levels fabricated accusations. The family embraces the lies, testifying against William and securing his imprisonment. Behind bars, the silence forces him to recognize their genuine contempt. Upon release, he confronts the betrayal by revoking planned asset transfers and presenting divorce papers to his wife alongside disownment documents for his daughters, reclaiming the fortune he once freely offered.

Quick answers

Why is William Shaw imprisoned?: His wife and daughters believe false accusations from her childhood friend Jeremy Turner and testify against him.
What does William do after his release?: He replaces planned inheritance transfers with divorce and disownment papers, cutting off his family financially.