Illegal fund -raising fraud for the elderly!Legal representative of Liaocheng Company was sentenced to 20 years in prison

Qilu.com · Lightning News August 16th illegal fund -raising fraud to infringe the rights and interests of the elderly. Recently, the Xinxian County People's Court of Liaocheng publicly sentenced the case of illegally absorbing public deposits and fund -raising fraud in accordance with the law. The defendant's Shandong Shuntong Environmental Protection Materials Co., Ltd. was convicted of illegally absorbing public deposits and fund -raising fraud, and was sentenced to one million yuan. In the year, it was fined RMB 800,000.

The court found that in September 2012, the defendant's Shandong Shuntong Environmental Protection Materials Co., Ltd. was registered and established. The defendant Jiang Mou was executed and general manager, and was the legal representative of the company. From 2015 to 2019, the defendant Jiang Mou successively successively in Zaozhuang City, Tai'an City, Tengzhou, Zibo City, Jinan City and Steel City, Laiwu District, Linyi City, Yangzhou City, Changzhou City, Qidong City, Qidong City, Jiangsu Province Anqing City, Tongxiang City, Zhejiang Province, Anhui Province established a Shuntong Company Branch to actively carry out the absorption capital business while carried out some products. In the absence of the legal procedures of the deposit, Shuntong Company rely on the branch to issue leaflets, hold lecture meetings, gift gifts, visit inspections, and publicize the company's listing. People signed equity transfer contracts, investment agreements, etc., and unspecified people to the society are mainly the elderly absorb funds.

During the period, Shuntong provided a blank equity transfer contract and an investment agreement to each branch. Each branch remitted the absorbed funds in accordance with the requirements of the defendant Jiang Mou, and the bank transfer to the designated account through the requirements of the defendant Jiang. With Jiang, the branches also controlled the management expenses such as the principal and interest of the principal and interest, and the employee's salary commission and other operations. After verification, the absorbing funds are used for smoothing the company's production and operation. After auditing according to law, 13 branches including the Zaozhuang Branch of Shuntong Company absorbed a total of 460250310 yuan, and the return was 132652,447 yuan, and it was not returned to 327597863 yuan.

In May 2019, the branches of Shuntong Company have continued to return the principal and interest, and the capital chain of Shuntong Company broke. The defendant Jiang continued to illegally absorb funds by the branch when he knew that he had no return ability, and set up a branch to absorb funds in Taiyuan, Shanxi in July 2019. After auditing according to law, the eight branches including Shuntong Company Taiyuan Branch had absorbed 43202020 yuan after June 1, 2019, and the incident was returned to 247,6200 yuan, and it was not returned to 40725,820 yuan.

The court trial believes that the defendant Shandong Shuntong Environmental Protection Materials Co., Ltd. violated the laws of national financial management and relying on the branch company to absorb funds to the society and the public. The method of illegal funding against the victims dominated by the elderly group, the amount is huge, and its behavior constitutes the crime of illegally absorbing public deposits and fundraising fraud. The defendant Jiang, as the legal representative of the company and the direct responsible person in charge, should also be held criminally responsible for illegally absorbing public deposits and fundraising fraud. The criminal facts and crimes accused by the public prosecution agency were established. The defendant's Shandong Shuntong Environmental Protection Materials Co., Ltd. and the defendant Jiang Moufeng shall be committed and punished.

Based on this, the court made a verdict in accordance with the law: the defendant Shandong Shuntong Environmental Protection Materials Co., Ltd. committed illegally absorbing public deposits and sentenced to RMB 500,000; the crime of funds for funding was crime, and the fine was 500,000 yuan. It was decided to perform a fine of RMB 1 million and pay to the court within ten days from the date of this decision. The defendant Jiang had committed the crime of illegally absorbing public deposits and sentenced him to nine or six months in prison and fined 500,000 yuan. It was decided to execute 20 years in prison and fined 800,000 yuan. The defendant Shandong Shuntong Environmental Protection Materials Co., Ltd. and the defendant Jiang Mou refunded the illegal absorption of public deposit crimes. Participants' economic losses were 327597,863 yuan, and the victim's economic loss was 40725,820 yuan in the victims in the crime of refund and fundraising fraud. The property involved in the seizure and seizure is treated in accordance with the law when the refund claim is implemented, and the fundraising participants and the victims are returned;