According to the judgment document, on July 9, 20 14, Fortune Company registered and established Yichang Branch of Wealth Investment Management Co., Ltd. (hereinafter referred to as Yichang Branch), and its business scope was approved as investment management and investment consulting (excluding securities, futures, insurance, financial investment management and consulting) (if the business scope involves licensed projects, it can only be operated after going through licensing procedures), and Li was the head of Yichang Branch. 2065438+In February 2005, Li was appointed as the general manager of Southwest China (under the jurisdiction of Yichang Branch). On April 30th, 20 15, the person in charge of Yichang branch of Fortune Company was changed to Yang, and the registration date of change was May 30th, 20 15.
The People's Court of Gezhouba, the court of first instance, ruled that Yichang Branch conducted publicity by introducing account managers and salesmen, soliciting customers, distributing leaflets, holding annual meetings, etc., attracting unspecified financial investment in the name of P2P lending and providing guarantees, signing with investors with annualized interest rates ranging from 7% to l5% for different periods, promising to repay the principal and interest when due, and using the loan contract as bait to illegally absorb RMB funds from the public (the currency is the same below). From July 20 14 to April 20 16, Yichang Branch illegally absorbed funds of RMB 124085 10000, which not only partially returned the investor's principal and income in the early stage, but also caused the principal loss of 746 crime victims of RMB 908 14000. Among them, during Li's tenure as the head of Yichang Branch (July 20 14 to February 20 15), he illegally absorbed RMB 33,879,400, resulting in the loss of investors' principal of RMB 654,385,000. During his tenure as general manager of Southwest China, he was in charge of Yichang Branch (June 2065,438+05 to June 2065,448). During his tenure as the head of Yichang Branch (May 20 15 to April 20 16), Yang illegally absorbed funds, resulting in the loss of investors' principal of 8.461.50 million yuan, and obtained illegal income in the name of performance commission1.98281.
The People's Court of Gezhouba sentenced the defendant Li to five years' imprisonment and fined him 60,000 yuan. Defendant Yang committed the crime of illegally absorbing public deposits. Fan was sentenced to 4 years and 3 months in prison and fined 60,000 yuan.
According to the judgment, the defendant Li's illegal income of RMB 9 1482 was recovered, and the defendant Yang's illegal income of RMB 2 18804 was recovered and returned to the victims. The defendants Li and Yang were ordered to compensate for the loss of the insufficient part.
After the verdict was pronounced in the first instance, the defendants Li and Yang surrendered themselves. In this case, the decision-maker and actual controller of the company are Yang Mou 2, and the principal and accessory should be divided. The original judgment found that their illegal income was wrong and their sentence was too heavy. Appeal.
The Intermediate People's Court of Yichang City, Hubei Province held in the second instance that although the defendant Yang Mou2 was the general manager of the wealth company, the two appellants were solely responsible for the illegal business operations of Yichang Branch or Southwest China, and each of them committed corresponding crimes, that is, Yichang Branch carried out the business of illegally absorbing funds on its own, and Yang Mou2 did not ask about it and could not be treated as an accomplice, so the two appellants argued that the reason for being an accomplice was not established. In the second case, the appellant was informed by the public security organ, and did not voluntarily surrender, so it cannot be considered as surrender. However, he confessed his crimes truthfully after he arrived at the case, and it belongs to surrender. The original judgment has found him to be frank and given a lighter punishment. To sum up, the original judgment found the facts clear, the conviction was accurate and the sentence was light, but the appeal was not aggravated. The court finally ruled that the appeal was rejected and the original judgment was upheld.
According to the data, Zhou Wang Fortune Investment Management Co., Ltd. (Zhou Wang Fortune for short) is positioned as an enterprise providing investment management, investment consulting, financial information services, asset management plan customization and other services. The company was established in March 2065438+2004 with a registered capital of 200 million yuan. It is a wholly-owned subsidiary of Zhou Wang Jinkong Investment Group Co., Ltd., a core business sub-group of Zhou Wang Group.
20 16 April, Zhou Wang Fortune fell into a redemption crisis, and the chairman Yang Weiguo 10 billion yuan lost contact. On the 24th, the Economic Investigation Brigade in Jianggan District of Hangzhou put on record and made every effort to arrest Yang Weiguo. Then the plot reversed, and Yang Weiguo denied losing contact in the circle of friends. According to the announcement, Yang Weiguo went to Urumqi Public Security Bureau to explain the situation and informed Jianggan District Public Security Bureau.
20 17 1, Zhou Wang Fortune Company confirmed that Yang Weiguo was suspected of not smoking. In March, Zhou Wang Fortune revealed that after the case was sent for inspection, the procuratorate had prosecuted the crime of "no smoking" to the (Hangzhou) District Court, which was familiar with and reviewing it.
In February this year, the case of Zhou Wang's non-absorption of wealth was finally pronounced. Yang Weiguo, chairman of Zhou Wang Fortune, was sentenced to 9 years and 6 months in prison and fined 500,000 yuan for the crime of illegally absorbing public deposits.
In addition, many branches, including Yichang Branch, have pronounced sentences. Previously, the Intermediate People's Court of Changzhou City, Jiangsu Province had made a final ruling on the relevant cases of Changzhou Branch of Zhou Wang, and 36 people were tried, most of whom were suspended.
Previously, on February 20, 2007, the People's Court of Nankai District of Tianjin sentenced Ge Moumou, the former sales manager of Tianjin Zhou Wang Business Information Consulting Co., Ltd.. The verdict shows that Ge Moumou was convicted of illegally absorbing public deposits, sentenced to 3 years in prison and fined 50,000 yuan.
The First People's Court of Dongguan City, Guangdong Province had previously pronounced sentences on five defendants of the former Zhou Wang Fortune Dongguan Branch. The defendant Cai was sentenced to four years in prison and fined RMB 300,000. The defendant Chen was sentenced to three years and three months in prison and fined 200,000 yuan. The defendant Li was sentenced to one year and six months in prison and fined RMB 65,438+10,000. The defendant Luo Moumou was sentenced to one year and four months in prison and fined RMB 80,000. The defendant Zhan was sentenced to one year and four months in prison and fined RMB 80,000.
The People's Court of Qinhuai District, Nanjing City, Jiangsu Province made judgments on Xu Moumou, head of Alfalfa Garden Branch of Wealth Investment Management Co., Ltd., and Yang and Xia, team managers of Alfalfa Garden Branch, respectively. According to the verdict, three people were sentenced to four years and four months, three years and ten months, three years and eight months respectively for the crime of illegally absorbing public deposits, and fined120,000 yuan, 90,000 yuan and 70,000 yuan.