One person illegally raised 158 million illegal fund -raising by the name of the elderly. He was sentenced to 6 years and fined 2.7 million yuan

High -interest rebates, worry -free care ... Relying on these seductive rhetoric, Chen opened the company's illegal raising funds of more than 158 million yuan. Recently, a public prosecution was filed by the Procuratorate of the Dazhou District of Ningbo City, Zhejiang Province. The court sentenced the defendant Chen to six years in prison and fined 2.7 million yuan in prison for illegally absorbing public deposits and money laundering.

Beginning in April 2015, Chen set up a number of companies, and in the name of the company, without the approval of the relevant departments, the organization personnel publicly publicized through calling and issuing leaflets. It is used for agriculture, forestry, film and television, pension and other projects, and illegally raised funds to the public. The fundraising funds are used to pay investors principal and interest, company operations, and some project investment. As of November 2018, Chen had illegally raised funds of more than 158 million yuan, and paid more than 124 million yuan in principal and interest in investors, and a total of more than 33 million yuan was not paid. Among them, more than 120 investors have been reported, causing more than 16 million yuan in losses.

In March of this year, the public security organs transferred Chen to the case of the crime of illegal absorption of public deposits to the Procuratorate of Puzhou District for review and prosecution. The hospital found that more than 80%of the investors had been reported to the investor in the case, and found that the elderly groups were the elderly, and then they sensitively noticed that the case could involve clues about pension fraud.

The hospital immediately carried out its own reconnaissance investigation, and inquired about the establishment of Chen's name through the tools such as Tianyan Check, and found that he was a ningbo -care service Co., Ltd., who served as the legal representative. In response to the new situation discovered, the prosecutor asked Chen to interrogate Chen and found that Chen opened the Ningbo old service center in the name of the pension service Co., Ltd., providing entertainment, fitness and other services for the elderly, and publicizing investment in pension projects. , So as to achieve the purpose of illegal fundraising. In addition, the hospital had prosecuted Chen's money to launder money for his peers.

According to reports, starting in August 2014, Chen Mouming knew that Yu (sentenced) was engaged in illegal fund -raising activities. He still provided Yu Mou with funding accounts to transfer illegal fund -raising funds on the grounds of "interest -free borrowing". As of August 2018, Chen helped Yu to transfer a total of more than 43 million yuan in crimes. Among them, more than 19 million yuan returned to Yu in the name of "repayment", and the rest was used by Chen to pay investors in principal and interest and company operation.

After review, the Procuratorate of Lizhou District believed that Chen should be held criminally responsible for illegally absorbing public deposits and money laundering, and then filed a public prosecution in June this year. After hearing, the court all adopted the procuratorial organs accused the charges and sentencing opinions, and made the above verdict.

(Source: Procuratorate Author: Lan Heng Hu Tingting Chamingxia)

- END -