Feng Xiaoshu, a deputy department official, was fined 499 million yuan, which is really shocking. A place class official with a small official can embezzle such a huge sum of money. It can be said that no matter how big an official is, as long as he has this greedy desire, it is endless corruption. Feng Xiaoshu is a member of the China Securities Regulatory Commission. It is with the convenience of this position that he has contacted a large number of listed companies and knows some of them like the back of his hand.

Buy some stocks at a low price and sell them at a high price, while Feng Xiaoshu connived at his family's participation, colluded with enterprises and made illegal profits, completely ignoring national laws, thinking that he would not be implicated if he did not participate, so he could sit back and relax. This is a corrupt trick used by officials.

Because Feng Xiaoshu participated in the audit of stock issuance, it can be said that Feng Xiaoshu's right to speak plays a decisive role in whether a company goes public, which also makes many companies cooperate with Feng Xiaoshu to buy before listing and sell high after listing. Moreover, Feng Xiaoshu has been in office for more than ten years, experienced the ups and downs of the China stock market, and understood the doorways, which made Feng Xiaoshu's money a lot easier.