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: 欧美女优排行 | 成人片在线播放 | 操综合网 | 国产成人精品免高潮在线观看 | 青青草娱乐视频 | 国产亚洲久久 | 亚洲熟妇毛茸茸 | 超碰不卡| 日韩av有码 | 人人看人人艹 | jizz一区二区 | 国产激情综合 | 国产精品永久久久久久久久久 | 最新中文字幕第一页 | 久操精品视频 | 国产精品爽| 蜜桃在线一区二区 | 99久久久免费精品 | 美国黄色a级片 | 欧美日韩黄色 | 超碰狠狠操 | 性欧美少妇 | 婷婷成人在线 | 日韩特黄一级 | 国产成人精品视频免费 | 美女午夜影院 | 日批视频在线 | 久久久久久久免费 | 久草三级 | 特级黄色大片 | china激情老汉69老头 | 色先锋影音 | 四虎国产视频 | 亚洲欧美一区二区三区久久 | 热久久av | 国产精品最新 | 中文字幕日韩在线播放 | 色网址在线观看 | 欧美性猛交视频 | 黄色在线视频网站 | 一级片一级片一级片 |