www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Duo caught in 1.3b yuan case amid crackdown on shadow lending

Updated: 2011-11-03 08:30

By Yu Ran (China Daily)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

WENZHOU, Zhejiang - A local couple, suspected of illegally raising 1.3 billion yuan ($204 million), was arrested, local prosecutors said.

The couple, at the center of China's recent crackdown on shadow lending in Wenzhou, were natives of Yongjia county in Wenzhou, Zhejiang province.

The wife, Shi Xiaojie, was suspected of illegally accepting bills worth 500 million yuan and illegally raising funds of 700 million yuan. The husband, Liu Xiaosong, was suspected of illegally pooling public savings of 70 million yuan from more than 30 people. They were arrested on Oct 27, according to Shao Lulu, spokeswoman of the People's Procuratorate of Yongjia County.

Earlier, rumors were rife that the couple had run away.

The case was widely watched, as China is cracking down on underground banking in Wenzhou, a coastal city known for its buoyant private sector. The city's businesses, however, recently experienced a severe capital shortage amid the country's tightening economic policies and a slowdown of the global market. That caused some business owners to down their shutters and exposed local businesses' reliance on shadow lending.

After graduating from college, Shi, 29, worked as a cashier in her uncle's company, Shunji Group Co Ltd, a private construction company headquartered in Yongjia with a registered capital of 300 million yuan.

From 2007 she allegedly started to raise funds from relatives and friends in the name of the company. She used the money to give shark loans, accept bills and buy luxury properties and cars.

But Shunji Group said in a local newspaper on Sept 24 that it had nothing to do with the misconduct of Shi.

Shi married Liu, 34, in early 2008. Liu, also a Yongjia native, had experienced some business failures.

However, a year later, the couple was leading a luxurious life, having bought several upscale houses in Yongjia and downtown Wenzhou, and owned two Porsche cars.

After her arrest, Shi admitted that she owed 370 million yuan at the end of last year.

To maintain the capital flow, Shi, since November, purchased acceptance bills worth more than 500 million yuan and sold them at a lower price to repay debts. But her capital chain broke in September, and the police stepped in.

"It is hard to reclaim all the money as Shi probably had some hidden bank accounts," according to insiders quoted by Zhejiang's Today Morning Express. Shao, the spokeswoman from the local procuratorate, said that the case was being investigated.

主站蜘蛛池模板: 亚洲美女视频网址 | 日韩一级视频在线观看播放 | 大陆孕妇孕交视频自拍 | 成年女人免费视频播放成年m | 久久国产精品久久国产精品 | 国产三级在线 | 亚洲综合日韩精品欧美综合区 | 亚洲国产午夜精品理论片的软件 | 久草在线视频新时代视频 | 欧美一级毛片aaa片 欧美一级毛片不卡免费观看 | 俺来也欧美亚洲a∨在线 | 亚洲精品免费网站 | 日本一级aaaa特黄毛片 | 蜜桃日本一道无卡不码高清 | 亚洲日本高清 | 国产亚洲精品久久精品6 | 日美三级 | 亚洲欧美国产日韩天堂在线视 | 成人免费网站视频www | 国产成人免费观看在线视频 | 国产黄色美女 | 最新怡红院全部视频在线 | 草草影院第一页yycccom | 久久一本色道综合 | 国产日本韩国 | 欧美一级特黄特黄毛片 | 国产97公开成人免费视频 | 久久91精品国产91久久 | 99久久免费精品国产免费高清 | 国产在线观看精品香蕉v区 国产在线观看免费人成小说 | 欧美日韩亚洲综合在线一区二区 | 久久精品国产一区二区三区 | 日韩成人在线观看 | 免费在线成人网 | 免费成人一级片 | 欧美国产精品亚洲精品第一区 | 99免费在线观看视频 | 亚洲一区中文字幕 | 国产精品成人一区二区 | 国产观看在线 | 日韩欧美一区二区中文字幕 |