日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

26 jailed over $7.7b China P2P fraud

Xinhua | Updated: 2017-09-12 14:51

BEIJING -?Twenty-six executives of a Chinese online peer-to-peer (P2P) lender on Tuesday were handed jail terms ranging from three years to life imprisonment for cheating the public out of large amounts of money.

Anhui Yucheng and Yucheng Global, operators of online P2P lender Ezubao, and 10 company executives, including Yucheng chairman Ding Ning, were found guilty of fundraising fraud, said the Beijing No 1 Intermediate People's Court.

Another 16 were convicted of illegally absorbing public deposits.

Yucheng Global and Anhui Yucheng were ordered to pay fines of 1.8 billion yuan ($278 million) and 100 million yuan, respectively, the court said.

Chairman Ding Ning and his younger brother Ding Dian were both sentenced to life in prison and were fined 100 million yuan and 70 million yuan, respectively.

The remaining 24 received jail terms ranging from three to 15 years, the court said. They were also deprived of political rights and issued fines.

Some of the defendants were also convicted of other crimes, including smuggling precious metals, illegal possession of guns and border-crossing.

The court found that Anhui Yucheng and Yucheng Global had raised a huge amount of funds by faking high-yield investment products on two online P2P platforms, Ezubao and Sesame Financial, without a banking license between June 2014 and December 2015.

A majority of the money was spent lavishly on luxury gifts and salaries and used to purchase sales firms and return principal and high interests to some investors.

Police have seized cash and other assets from the P2P lender and are recovering more to retrieve losses for investors.

The court said the defendants have inflicted huge losses on investors in many parts of China and disrupted the national financial management system and thus should be given harsh penalties.

Earlier, police found that Ezubao cheated about 900,000 investors out of more than 50 billion yuan ($7.7 billion).

In early 2016, Zhang Min, president of Yucheng Global and one of the convicts, said that Ezubao was nothing but a Ponzi scheme. She claimed that senior executives were fully aware of the nature of the business.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 国内毛片视频 | 天天舔天天操天天干 | 欧美精品激情 | 亚洲天堂精品在线 | 国产精品一区在线 | 色视频导航 | 天堂资源av | 久久网站免费 | 欧美日韩 一区二区三区 | 91在线免费视频观看 | 蜜桃精品视频在线观看 | 色网站免费看 | 婷婷视频在线 | 日韩欧美三级在线 | 一二三区中文字幕 | 精品成人在线观看 | 超碰中文字幕在线 | 久热这里只有精品6 | 国产成人在线网址 | 国产又爽又黄免费视频 | 中文字幕高清 | 日韩免费精品 | www.国产精品| 少妇按摩一区二区三区 | 伊人伊人 | 黄色片亚洲 | 午夜av在线 | 日韩免费中文字幕 | 理论片中文字幕 | 一区二区精品国产 | 精品国产区一区二 | 中文字幕永久免费 | 欧美区在线 | 毛片视频免费观看 | 人人搞人人 | 动漫精品一区二区三区 | 日日日日日干 | 成人久久免费视频 | 国产自产在线 | av网站亚洲 | 欧美精品一区二区在线观看 |