Xinhuanet Beijing, February 13th (Li Xu, Gao Zhihai) Zhu Jiang, as the legal representative of the company, colluded with Dai Mou, director of a branch office of a bank in Beijing, and took measures such as reporting the loss, forging the seal of the deposit unit, reserving the seal card, etc. to engage in financial fraud, causing huge economic losses to the country, and finally being severely punished by law in Beijing.

On the 13th, Beijing No.2 Intermediate People's Court sentenced Zhu Jiang to life imprisonment, deprived of political rights for life, and confiscated all his personal property. More than 1 million yuan seized in the case was returned to the bank; Continue to recover the money obtained from fraud.

Zhu Jiang, the legal representative of an investment consultant limited liability company in Beijing, conspired with Dai Mou, director of a branch office of a bank (handled separately), and with Dai's instructions and help, adopted the methods of reporting the loss of passbook, forging the seal of the deposit unit, reserving the seal card and forging the transfer cheque, and successively transferred 1 million yuan of the 2 million yuan deposited by Ma into the branch office for his own use in March 1998; In September, 1998, he transferred the 3 million yuan that Ma had deposited in a branch of a bank in the name of a real estate development company to his investment consultant limited liability company account. From May to June, 1999, 84 million yuan of the 2 million yuan deposited in a branch office of a Beijing electric power limited liability company was transferred out and defrauded. After the incident, the sub-branch paid Ma 4 million yuan and advanced the electric power limited liability company 72.62 million yuan.

Zhu Jiang fled to the United States in June 1999, and then returned to China on February 26th, 21 to surrender himself.

After trial, the court held that Zhu Jiang colluded with the insiders of the bank to engage in financial fraud, which constituted the crime of bill fraud and the crime of financial voucher fraud respectively. The amount of fraud was extremely huge, which caused particularly heavy losses to the national interests and the crime was extremely serious, and should be punished according to law. In view of his ability to voluntarily return to China to surrender and help recover part of the stolen money, the court gave him a lighter and mitigated punishment according to law. Accordingly, the above-mentioned first-instance judgment was made.