The amount involved in the case was 362 million yuan in Inner Mongolia's first case involving old -fashioned fraud cases

Inner Mongolia Autonomous Region Ordos Intermediate People's Court has recently disclosed a case of fund -raising fraud in accordance with the law, involving the amount of 362 million yuan. The case is the first case of the elderly fraud in Inner Mongolia since the national special operation of the nation's special operation for pension fraud.

The court found out that from November 2016 to May 2018, the defendant Wang Xiaokai passed the Cross Pass by the relevant national departments and passed the Erdo Setting City E -Commerce Co., Ltd. (hereinafter referred to as "Yi Xiangcheng Company"). , Free pension, preferential car purchase, and debt to make high interest returns and gifts for products and consumer cards as bait.

Yi Xiangcheng Company absorbed 362 million yuan to more than 1,600 fundraising participants. As of the judgment of the case, a total of 107 million yuan caused a total of 107 million yuan in fundraising participants. In the joint crime, the defendant Zhang Moumou helped Wang Xiaokai carry out illegal fund -raising activities and participated in illegal fund -raising activities to varying degrees.

According to reports, the defendant Wang Xiaokai packed himself as a successful entrepreneur, and packed his registered leather bag company into enterprises with the background of state -owned enterprises and central enterprises, creating a false scene of its business model "a thousand profits", and conducted illegal fundraising activities. Many elderly people take out their own pension money and fall into Wang Xiaokai's scam under the temptation of free travel and free gifts.

Except for returning interest, income, and principal of the cheating funds to investors, the rest were used by Wang Xiaokai to purchase high -end cars with themselves and mistresses, repay personal debts, and reimburse their fares and borrowings to relatives. After the capital chain was broken and unable to repay the principal and interest, Wang Xiaokai escaped with money in June 2018, and was arrested on December 28 of that year.

The court sentenced the defendant Wang Xiaokai to the crime of raising funds for funding, and sentenced him to life imprisonment, deprived of political rights for life, and confiscated all personal property; he was sentenced to 2 years in prison for the crime of a big marriage; Political rights for life and confiscation of all personal property. Five defendants such as Zhang Moumou were sentenced to prison ranging from 2 to 3 years and 3 months.

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