 Posted: Thu 21:14, 17 Mar 2011 Post subject: Caused by the illegal fund-raising 1.9 billion the |
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| News newspaper on December 17 a total of 10 years, absorbing more than 6 persons (times) deposits of more than 1.9 billion yuan, to the incident, there are 1.6 million people in 500 million principal amount of not returned. Recently, Hengyang City Intermediate People's Court accepted the illegal fund raising company Jishou glory of more than 1.9 billion dollars in criminal cases, four were the competent person responsible for illegal deposits from the public court sentenced to imprisonment and fines. Zhang Mouzheng chairman and general manager of them was sentenced to 10 years in prison and a fine of 18 million.
5 verdict against the defendants are to Hengyang City Intermediate People's Court of Appeal. Court held that,Tods shoes, in addition to the text of a Vice President and Chief Financial Officer's report and expose the public security organs played a role in the detection of cases, the discretion given a lighter punishment, the rest are upheld. Jishou glory in 1999, established by the Association of Private Jishou, Trade and Industry for funding the construction of glorious city, farmers market, logistics park and other projects, the company began brilliance disguised deposits from the public activities, the highest rate and up to 3%. To 2008, the company absorbed a total of 6 million people (second) deposit of more than 1.9 billion yuan. To the incident, the company has returned deposits of more than 1.3 billion dollars of principal, interest payment and incentive payments of more than 400 million yuan,Tod's women's shoes, there are 1.6 million people in 500 million yuan principal fails to return. |
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