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

   

Verdicts due in housing, insurance fraud cases

By Cao Li in Shanghai and Wu Jiao in Beijing (China Daily)
Updated: 2006-11-02 06:44

SHANGHAI: The trial of an insurance fraudster accused of cheating 175 people out of more than 14 million yuan (US$1.75 million) opened yesterday at Shanghai No 2 Intermediate People's Court.

Yao Yiming, a former manager at Taikang Life Insurance Co Ltd, one of China's top insurance firms, is alleged to have swindled the money out of agents who he told would receive substantial commission fees, and clients who were promised high short-term returns. In fact they were only part insured under cheap packages.

Yao told the court that he launched the fraud to take revenge on his former employer, and make money.

"The company promised a 17 per cent commission to agents in 2004, but then changed the amount," he said.

Yao devised the fraud in 2004, to retrieve the 17 per cent commission he had been promised, he said.

He asked agents to sell one-year terms of Taikang insurance, with 4 per cent return, and promised them 10 per cent commission.

He was fired from Taikang that year but told the agents he was still working for the company, opening an account under the name "Taikang" with a faked identity card, and asking them to transfer all the money to it.

The account filled with more than 14 million yuan (US$1.75 million), but Yao only purchased cheap insurance packages for some of the victims.

Yao used part of the money to pay the commission he had promised the agents and also organized trips for them.

The prosecutor said Yao spent around 6 million yuan (US$750,000) on himself, buying property, a car and paying for his wedding.

Yao said he would like to compensate the victims by selling his property, but the 175 victims will still suffer huge losses if they fail to claim money from the insurer.

No verdict was reached yesterday, but if Yao, 31, is convicted he could face 10 years to life in prison.

Beijing housing fraud

Meanwhile in Beijing, the city's largest ever housing reserve fraud lawsuit is being considered by judges at Dongcheng District People's Court.

Three people are alleged to have faked the authorization papers of real estate agents and application information from 55 other people to swindle about 20 million yuan (US$2.5 million) from the Dongcheng, Changyang and Fangzhuang subsidiaries of Beijing Housing Reserve Management Centre between December 2003 and December 2004.

No verdict has yet been reached, according to sources with the court.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
主站蜘蛛池模板: 亚洲成人播放 | 国产视频一 | 蜜桃成人在线视频 | 欧美视频一区二区在线 | 在线视频观看你懂的 | 亚洲精品乱码 | 久久a久久 | 国产亚洲精品久久久久久无几年桃 | 国产精品久久久久永久免费看 | 国产啊v在线观看 | 91麻豆成人精品国产 | 91福利小视频| 日韩a视频 | 中文字幕av片| 黄在线观看| 久精品在线观看 | 91大神福利视频 | 亚洲天堂2016| a级网站在线观看 | av网址在线免费观看 | 欧美精品一区二 | av片在线看| 国产黄频在线观看 | 中文字幕精品在线播放 | 色成人亚洲 | 欧美日韩国产在线一区 | 黄色资源在线 | 青青草在线观看视频 | 欧美一级片在线免费观看 | 欧美丰满一区二区免费视频 | 欧美视频一二三 | 97自拍网 | 国产精品一区二区三区四区五区 | 三级在线视频 | 欧美综合一区 | 在线观看国产精品视频 | 欧美成人一区二区三区片免费 | 日本中文字幕在线播放 | 狠狠狠操 | 最新av在线免费观看 | 日韩精品无码一区二区三区 |