who spent 400 million to buy a report, 300 million hit to Beijing Shang Shang Fa correspondent seized the reporter CHEN Yang root text / photo
Yesterday, supervision by the Ministry of Public Security, involving more than 58.3 billion yuan, the Co., Ltd. (hereinafter referred to Century Gold Corporation) illegal business case, the court in Hangzhou city on the public hearing (Morning Post 26 September last year had made a detailed report the detection process.)
trial, including the legal representative of Century Gold Yong, the company's Engineering Manager Wang Jianping, units of action on behalf of criminal defendants, the company's shareholders Zhang.
concerns of the industry as much the case, the court can accommodate 200 people on the big courts. Although the day before the hearing, the court conducted the prosecution and defense have been organized exchange of evidence, the court or from the last 9:10 and continued until 15:30. Court did not in court for sentencing.
a charge of five companies alone
3 years to create the Tian Tao, vice chief of that described in court yesterday, Zhang Yong, but he also believes that as a businessman, Zhang Yong, in order to create his
Yong graduated from Hangzhou University journalism in 1992, into business,
tory burch boots, started in stamps, magnetic cards, coins and other collectibles trade. Gold profitable speculation that after the second half of 2004, Zhang went to Hong Kong and Shanghai
2005 年 4 months, Zhang Yong, the establishment of Century Gold. Subsequently, they were incorporated in the other two companies. 5 companies nominally independent of each other, in fact,
tory burch bags, controlled entirely by him alone.
from July 2005 to 10 months, the century of gold trading volume surged from 35 million yuan to 10 billion yuan, Zhang has formulated the first half of 2006 by 20 billion trade target, to create Golden Empire. By 2008, the century of gold companies in the country set up a 32 points, customer development to the people.
IT elite fully assisted
to create a platform of illegal gold futures speculation
Public Prosecutor, said Century Gold can quickly open up the situation, can not do without a man named Wang Jianping people. Wang Jianping, born in 1981, Hangzhou. Zhejiang Province in 2001, he graduated from business school, she was recruited into the company to salesman Zhang Yong, the first few months have not made a single business.
but found that Wang Jianping Zhang Yong great deal of research on the computer, to persuade him to do technical management. Wang Jianping as the company's systems engineering manager, the responsible development of the Internet for gold trading business, After customer remittance to the company accounts can be obtained through the system and matching deposit account, for no physical delivery of gold contracts focus on trading.
as of June 26, 2008 robbery of the century the company's online trading platform for gold there were 1,217 clients, resulting in transactions 176,579 pen, amplified a total of 58.32 billion yuan trading.
400 万 buy reporter
Beijing spent 300 million lawyer. Evidence that Wang group to be off speculation century after the gold company, has lost more 200 million yuan.
research protocols and trading rules, the Wang group of gold companies that allegedly disguised century gold futures speculation,
tory burch us, he sent a written quickly by, and threatened to report to the relevant state departments.
After weighing, Zhang Yong, Wang group at the request of the other accounts to hit 400 million.
later, Zhang hired several lawyers as the company's legal adviser, the individual terms of the transaction and the rules were modified to avoid the risk. In particular, drawn from the company nearly 300 million
investigations were also continue to trade
century gold in 2006, while business triumph, has been receiving customer complaints.
Mr. Lin said the company would also serve as the gold century, buyers and sellers, while gold prices rose, trading website is always a failure, which he later realized that this is manipulative. In addition, the century between the gold company and the customer without liability settlement system implementation, customer losses amounted to 80% of the deposit paid, if you do not make into the deposit, the company forced open.
2007 年 1 month, the city police to initiate an investigation of Century Gold, but then the qualitative and taken off the case because they can not.
questioned, Zhang answered some disdain:
Yong said that he is the Shanghai Gold Exchange customers, and have trading seats, whereby you can buy physical gold, according to Century Gold customers need to delegate processing.
prosecutors were dismissed Zhang Yong was lying, because, according to list of items seized indicated century gold bars gold company stocks,
tory burch online, only 139 an ounce, 2 ounces of only 161, from the public security authorities to verify 555 customers, up to 3 years time, not to mention one piece of gold,
no specific law is not a crime?
century yesterday, prosecutor also accused illegal gold company and Zhang Yong, a collection of capital trust business involving more than 20 million yuan. In addition, Zhang also suspected of the crime capital flight. However, the Court focus of the debate centers around illegal gold futures operations, Zhang Yong and defense attorneys do is innocence.
defining transactions, but have not been positive or negative answer, he will observe the policy direction while operating side.
defense counsel until April 15, 2007, the new In accordance with relevant regulations, Century Gold rectification of the column should be included,
tory burch flip-flops, rather than rising to the height of the penalty.
The dereliction of duty and not as a responsibility, not Century Gold and Yong whether exemption issue.
corrective actions are the scope of the business accounts before the amount of crime should not be included.
Yong court and defense counsel also suggested that there are still the same century, the domestic gold companies to adopt the same mode of operation of the company, why not also subject to legal action?