20 17, 12 On September 2, Beijing No.1 Intermediate People's Court publicly pronounced the defendants Anhui Yucheng Holding Group and Yucheng International Holding Group Co., Ltd. and the defendants Ding Ning, Ding Dian and Sharla Cheung on the crimes of fund-raising fraud and illegal absorption of public deposits, and fined Yucheng International Holding Group Co., Ltd. for the crimes of fund-raising fraud and smuggling precious metals. Anhui Yucheng Holding Group was fined RMB 1 100 million for fund-raising fraud;
Ding Ning was sentenced to life imprisonment, deprived of political rights for life, confiscated 500,000 yuan of personal property, and fined 6,543.8 billion yuan for the crimes of fund-raising fraud, smuggling precious metals, illegal possession of guns and crossing the border; Ding Dian was sentenced to life imprisonment, deprived of political rights for life and fined 70 million yuan for fund-raising fraud. At the same time, Sharla Cheung and other 24 people were sentenced to fixed-term imprisonment 15 to 3 years, deprived of political rights, and fined.
It was found through trial that the defendant units Anhui Yucheng Holding Group and Yucheng International Holding Group Co., Ltd. issued false financial leasing creditor's rights projects and personal creditor's rights projects and packaged them into several wealth management products for sale through two internet financial platforms: "e-Lease" and "Sesame Finance" from June 2065438 to October 20 15/2. Among them, most of the fund-raising funds were used to repay the principal and interest of fund-raising, purchase the operating expenses of offline sales companies and other platforms, or were squandered for illegal and criminal activities, resulting in most of the fund-raising losses. In addition, the court also found that Yucheng International Holding Group Co., Ltd. and Ding Ning were guilty of smuggling precious metals, illegal possession of guns and illegal border crossing.
After the incident, the public security organs made every effort to recover the assets involved. Up to now, this case has recovered part of the funds and purchased the company's equity, as well as real estate, motor vehicles, gold products, jade and other property. At present, the recovery and loss recovery work is still in progress, and the recovered assets will be handed over to the executing agency and eventually returned to the fund-raising participants in proportion.
The Beijing No.1 Intermediate People's Court held that the two defendants, Ding Ning, Ding Dian and Sharla Cheung, and 10, used fraudulent methods to illegally raise funds for the purpose of illegal possession, which constituted the crime of fund-raising fraud. Defendants Wang Zhihuan and others 16 violated the national financial management regulations and absorbed public deposits in disguise, which constituted the crime of illegally absorbing public deposits. 2. The amount of illegal fund-raising activities of the defendant unit and 26 defendants, including Ding Ning, Ding Dian and Sharla Cheung, is extremely huge, resulting in huge property losses of fund-raising participants in many places across the country, seriously disrupting the national financial management system, and the circumstances and consequences of the crime are particularly serious, which should be severely punished according to law. The court made the above judgment according to the criminal facts, nature, circumstances and social harm of the two defendant units and defendants.
More than 80 people, including relatives of the defendant, some fund-raising participants, relevant staff of the embassy, NPC representatives, CPPCC members, journalists and representatives from all walks of life, attended the verdict.
Those who break the law will be severely punished.