On February 8, 65438, Chuanyin was investigated by the police in the information research and development center of Beijing Digital Building and the office of Allianz Building. That evening, Xinhua reported the fact that it was under investigation, which was later confirmed by E-Rent.
From the evening of February 8th, 20 15, official website and APP of eRent could not be opened.
At noon on February 9, 20 15,65438, e-Rent released a letter to e-Rent customers through the official Weibo, stating that "by 2015,12,8, 19: 00, the e-Rent platform can still be registered normally. After 19:00, the e-rental platform will cooperate with relevant departments for inspection. In order to prevent false rumors from causing panic and disorderly redemption and withdrawal of orders, in line with the principle of protecting the safety of customers' funds and the safety of platform transactions, e-rental platform announced the suspension of platform transactions to all sectors of society. "The announcement also stated that the relevant departments will announce the results in time after the inspection is completed.
At about 7 pm on February 15, 10 issued a statement in the official Weibo, confirming that it was under investigation for "operational compliance issues". According to the document issued by its chairman Sharla Cheung, the e-rental website and offline organizations stopped promoting and releasing new products, and also suspended other daily business.
On 20 15 12 16, Weibo, the official of Guangdong Provincial Public Security Bureau, issued a circular, saying that relevant local public security organs had filed a case for investigation on the suspected crimes of "e-Rent" online financial platform and its affiliated companies according to law. The police have taken compulsory measures against the suspects involved, sealing up, freezing and detaining the assets involved.
On the evening of 2065438+200665438+1October1Sunday, Weibo, the official of Shenzhen Public Economic Crime Investigation Bureau, announced that the public security organs in Shenzhen had filed an investigation into the case that the e-rental online financial platform and its affiliated companies were suspected of illegally absorbing public deposits.
At the same time, Shenzhen Economic Investigation Bureau said that investors should report the case to the local police station in time, reflect the investment situation and actively cooperate with the investigation and evidence collection. The public security organs are actively carrying out investigation and evidence collection, fixing evidence and recovering losses.
Event influence
20 15 On February 23rd, 15, the P2P platform Sannong Capital announced in official website that due to the continuous fermentation of "A certain treasure" incident, the P2P industry market panic was triggered, and a large number of investors were applying for redemption of their investment funds, which disrupted the company's original development plan, so they decided to suspend their business.
In a year and a half, it illegally absorbed more than 50 billion yuan, and the victims were all over 3/kloc-0 provinces and cities in China ... On June 4, 2065,438+06, the people involved in the highly concerned "e-rental" platform 265,438+0 were arrested with the approval of the Beijing Procuratorate. Among them, Ding Ning, the actual controller of the "e-Rental" platform and chairman of the executive board of Yucheng Group, is suspected of fund-raising fraud, illegal absorption of public deposits, illegal possession of guns and other crimes. In addition, a number of suspects related to this case have also been arrested by the local procuratorate.
What's the truth about this once popular network platform in China? What kind of shady scenes are hidden under the various "auras" above the heads of Yucheng Group executives? A few days ago, with the approval of the relevant departments, Xinhua Viewpoint reporter conducted in-depth interviews with the police handling the case, the main suspects and the injured enterprises, and restored the criminal track of Yucheng Group and its affiliated companies (hereinafter referred to as Yucheng Department) using "e-rental treasure" to illegally raise funds.
Illegally raising more than 50 billion yuan under the banner of "network finance"
"e-Rent Bao" is a network platform operated by Jin (Jing) Network Technology Co., Ltd. under Yucheng Department. 2065438+In February 2004, Yucheng Group acquired the company and transformed the network platform. 2065438+In July 2004, Yucheng Group named the reformed platform "e-rental treasure" and put it into operation under the banner of "network finance".
According to the police investigating the case, at the end of 20 15, the public security departments and financial supervision departments in many places found that the operation of "e-rental treasure" was abnormal and immediately launched an investigation.
The public security organs found out that by 20 15 12.5, the disposable liquidity of "Yucheng system" was continuously tight, and the capital chain was in danger of breaking at any time; At the same time, Yucheng Group has begun to transfer funds and destroy evidence, and many executives have signs of absconding. On February 8, 20 15, 15, the Ministry of Public Security directed local public security organs to take unified actions to arrest Ding Ning and other major executives of Yucheng Department.
The police investigating the case said that the case was complicated and the investigation was extremely difficult. "Yucheng Department" has branches all over the country, involving many investors, the company's financial management is chaotic, and the business transaction data is huge. There are more than 200 servers that can store the company's relevant data just by looking it up. In order to destroy the evidence, the suspect packed more than 80 woven bags with more than 200 volumes of/kloc-0 evidence materials and buried them in a place 6 meters deep in the suburb of Hefei, Anhui Province. The task force used two excavators and it took more than 20 hours to dig them out.
The police initially found out that the top of the "Yucheng Department" is Yucheng International Holding Group Co., Ltd., which is registered overseas. It has eight operation centers, including Beijing, Shanghai and Bengbu, and eight business segments, such as financing projects, online sales of e-rental treasure and offline sales of e-rental treasure, are mostly set up around the operation of e-rental treasure.
The police investigating the case said that from July 20 14, "e-rental treasure" was launched to February 20 15, and it was seized. The "Yucheng Department" criminal suspects used high interest as bait to fabricate financial leasing projects, and continued to illegally absorb a large amount of public funds through borrowing new ones and returning old ones, and self-guarantee, with a cumulative transaction amount of more than 70 billion yuan. The police initially found out that "e-rental" actually absorbed more than 50 billion yuan, involving about 900,000 investors.
Fake project, fake three parties and fake guarantee: a three-step cover-up method to create fraud
"'e-rental' is a Ponzi scheme." In the detention center, Sharla Cheung, the former president of Yucheng International Holding Group, said that the company's senior management was well aware of the fact that "e-rental treasure" occupied investors' funds, and she has now repented.
"eLease Bao" announced that its business model is that the financial leasing company under the group signs an agreement with the project company, and then issues a financing tender in the form of creditor's rights transfer on the "eLease Bao" platform; After financing, the project company pays the rent to the leasing company, and the leasing company pays the income and principal to the investors.
According to the police investigating the case, under normal circumstances, the financial leasing company earns the project spread, and the platform earns the agency fee; But from the very beginning, "e-renting treasure" was a scam of "empty gloves and white wolves", and its so-called financial leasing project was simply not worthy of the name.
"We fictitious financing projects, transfer the money to the lessee, give the lessee benefits, and then transfer the funds to the affiliated companies of our company to achieve the purpose of factual misappropriation." Ding Ning said that they spent more than 8 million yuan to buy information from project companies and middlemen.
During the interview, several senior executives of Yucheng Department confirmed to reporters the fact that their company fabricated projects on the platform of "e-rental" by buying out enterprises or registering shell companies.
"As far as I know, 95% of the projects on' e-rental' are fake." Lei Yong, director of the risk control department of Anhui Yucheng Financial Leasing Co., Ltd. said that Ding Ning instructed a special person to purchase information from the enterprise with a financing amount of 1.5%-2%, and his department was responsible for filling these enterprise information into the prepared contract, making a fake project and putting it on the "e-rental treasure" platform. In order to enhance investors' investment confidence, they also used ways such as changing the enterprise registration fee to package the project.
According to the police investigating the case, among the 207 leasing companies that have been verified by the police, only 1 has real business dealings with Yucheng Leasing.
Some enterprises involved were kept in the dark even before the incident. Mr. Wang, the person in charge of an enterprise in Bengbu City, Anhui Province, told the reporter that his company had borrowed money from the bank through the guarantee company under Yucheng Group, and the other party therefore mastered the company's business license, tax registration certificate and other information; However, it was not until the end of 20 15 that his corporate bank account was frozen that he learned from the public security organs that his company was linked to online financing under the guise of "e-renting treasure". "What they did was terrible. I hope that the public security organs will severely punish this behavior and give us an innocence. " Mr. Wang said angrily.
According to the Guiding Opinions on Promoting the Healthy Development of Internet Finance issued by the People's Bank of China and other departments, online platforms only provide information intermediary services, and cannot set up their own fund pools or provide credit guarantees. According to the police investigation, "e-Rent Bao" put the absorbed funds into its own cash pool in the form of "borrowing" a third-party payment platform, which is equivalent to putting the funds from the "left pocket" to the "right pocket".
Not only that, Yucheng Group also directly controls three guarantee companies and one factoring company to provide guarantees for the "e-rental" project. Li Aijun, a professor at the School of Civil and Commercial Economics of China University of Political Science and Law, said that if the platform introduces relevant guarantee institutions, it will bring great risks to creditors.
The promise trap of "high income and low risk"
"1 yuan investment, redemption at any time, high income and low risk." This is the widely publicized slogan of "e-renting treasure". Many investors said that they were deceived only after listening to the promise of "e-rent treasure" to protect capital and interest and withdraw flexibly. The reporter learned that "e-Rent Bao" has launched six products, and the expected annualized rate of return is between 9%- 14.6%, which is much higher than the general bank wealth management products.
Investor Mr. Zhang said that the sales staff of "E-Rental" encouraged him to say that "E-Rental" products guaranteed capital and interest, and even if the investment company went bankrupt, there was still money.
Investor Mr. Xu calculated an account for the reporter: "If I compare 65,438+10,000 yuan, I will earn more than 2,000 yuan a year in the bank; If you put it on the' e-rental treasure' side, its promised interest rate is 14.6%, and you can earn more14,000 yuan a year. "
Investor Ms. Xi said that she was attracted by the flexible withdrawal method of "e-rental treasure": "General wealth management products cannot be withdrawn in advance, but' e-rental treasure' can also be withdrawn 10 days in advance."
In this regard, Li Aijun said that the Supreme Law made it clear in the judicial interpretation of the crime of illegal fund-raising issued on 20 10 that investors should not be tempted by the promised return. In fact, due to the natural risks of the financial industry, the promise of capital preservation and interest protection itself violates the objective law. The CBRC explicitly requires all commercial banks to give risk warnings when selling wealth management products.
However, "e-rental treasure" has caught the weakness of some ordinary people who don't know much about financial knowledge and woven a "trap" with false promises. In order to speed up the expansion, Yucheng Group has also set up a large number of branches and consignment companies in various places to directly face the "personal sales" of the people. In addition to recommending "e-rental" products, its promoters will even "enthusiastically" provide them with services such as opening online banking and registering platforms. It is under this powerful offensive that "e-Rent Bao" has attracted more than 900,000 actual investors and customers all over the country in just one and a half years.
The huge amount of illegally absorbed funds was appropriated by Yucheng Group.
According to the police investigation, apart from paying off the principal and interest, a considerable part of the "Yucheng Department" is used for personal profligacy, maintaining the company's huge operating costs, investing in bad debts and advertising hype.
According to the confessions of several suspects, Ding Ning has close ties with many female executives of the group, and her private life is extremely extravagant, and she has squandered all the absorbed funds. The police initially found out that the value of cash, real estate, vehicles and luxury goods donated by Ding Ning to others reached 654.38 billion yuan. Sharla Cheung was the only one. Ding Ning not only gave her a Singaporean villa worth 65.438+300 million yuan, a pink diamond ring worth 65.438+2000 yuan, a luxury car, a watch and other gifts, but also "rewarded" her with 550 million yuan.
A big expense of "Yucheng Department" also comes from the high salary of employees. Take Ding Ning's younger brother Ding Dian as an example. His original monthly salary was 6.5438+0.8 million yuan. After being transferred to Beijing, his monthly salary soared to 6.5438+0.8 million yuan. According to Sharla Cheung, there are as many as 80 executives with an annual salary of one million. From 2065438+2005 1 1 month, Yucheng Group paid 800 million yuan to its employees.
A number of company executives said that in order to give the public the impression of "deep pockets", Ding Ning asked dozens of office secretaries to wear luxury brand uniforms and jewelry to "show the company's image", and even bought out a luxury store at one time.
Moreover, from 20 14, "Yucheng Department" spent hundreds of millions of yuan on advertising for "viral marketing", and also packaged Sharla Cheung as "the first beauty president of Internet finance" and publicly attended various activities as a corporate image spokesperson.
The company's expenses are rising, and the pressure to withdraw funds is increasing. Lei Yong said that as long as there is no new project of "e-renting treasure" on the Internet, Ding Ning will immediately ask questions.
In fact, the executives of Yucheng Department are well aware of the actual situation of the company. "The hole in' e-rental treasure' will only get bigger and bigger, and then it will break out at a certain point. No money to return to old customers or new customers. " Sharla Cheung said that he had asked the company's data center to do a calculation in September of 20 15, and the results showed that the redemption amount of "e-rental treasure" would reach 900 million in June of 20 16, and the redemption amount would increase month by month thereafter.
This prediction is very consistent with the previous analysis results of public security organs.
Ding Ning said frankly that only three companies under Yucheng Group, namely Yucheng Leasing, Yucheng Hardware and Yucheng New Materials, can generate actual operating profits, but the total income of the three companies is less than 800 million, and the profits are less than 1 100 million. Therefore, in addition to frantically occupying the funds absorbed by "e-rental", the normal income of "Yucheng Department" is simply not enough to cover its huge expenses.
"e-renting treasure" is suspected of illegal fund-raising crime
According to the various criminal facts identified in the "e-rental treasure" case, the judicial organs believe that these acts of criminal suspects have been suspected of illegally absorbing public deposits and fund-raising fraud.
Guo Hua, a professor at the Law School of the Central University of Finance and Economics, said that the crime of illegally absorbing public deposits has four elements: the first is to absorb deposits without the approval of relevant departments or under the guise of legal business; The second is to publicly absorb deposits in the form of media, text messages and promotion meetings; The third is to promise to repay the principal and interest or return through private placement and equity; The fourth is to absorb deposits from the public, that is, unspecified people. In this case, the suspect used the online platform to publicly absorb deposits from the whole country, and also promised to repay the principal and interest. His behavior has been suspected of illegally absorbing public deposits.
"For those who have already constituted the crime of illegally absorbing public deposits, if there is still a situation that the property cannot be repaid due to wasteful investment or consumable expenditure, it constitutes the crime of fund-raising fraud." He believes that the suspect in the "e-rental" case invested in high-end vehicles and houses and paid high salaries to employees, which reflected his subjective purpose of illegally occupying investors' funds. This is one of the important reasons why the absorbed funds cannot be repaid, and it is also one of the main reasons why it is suspected of fund-raising fraud.
Li Aijun pointed out that finance is a high-risk industry, so people need to master certain financial knowledge before investing, knowing that any investment behavior must be at their own risk; And if the financial activities that investors participate in are suspected of illegal crimes, they will bear greater risks.
Latest progress: relevant departments are stepping up evidence collection to recover losses.
According to the police investigating the case, due to the complicated capital exchange and chaotic financial management of "Yucheng Department", its capital flow is still under investigation. At present, the public security organs are cooperating with the CBRC, the People's Bank of China and other departments to speed up their work, go all out to investigate and collect evidence, recover the assets involved, and recover the losses of investors to the maximum extent. In order to facilitate investors to report cases and improve the information related to handling cases, the public security organs have set up an investor information registration platform, which will be hung in official website of the Ministry of Public Security in the near future.
The relevant departments said that investors should report the case, register information and provide supporting materials in a timely and active manner to avoid damaging their legitimate interests due to untimely and untrue reporting and registration; At the same time, investors are requested to protect their rights in accordance with the law, not to believe in rumors, not to spread rumors, not to confuse people, not to organize or participate in various illegal activities. Persons suspected of committing crimes should actively cooperate with the investigation and return the illegal income for leniency.
2065438+2006 65438+2 1 The person involved was arrested by the Beijing procuratorate. Half a month later, all major newspapers and periodicals in the country published the illegal fund-raising of "e-rental treasure" published by Xinhua News Agency. I really want to investigate.
The truth has finally come! Xinhua news agency issued a document to characterize the illegal fund-raising incident of e-rental treasure.
On June 5438+1October 65438+April 4, 2 1 person involved in the highly concerned "e-Rent Bao" platform was arrested by the Beijing Municipal Procuratorate, illegally absorbing more than 50 billion RMB in one and a half years, and the victims were all over 3 1 provinces and cities in China. Among them, Ding Ning, the actual controller of the "e-Rental" platform and chairman of the executive board of Yucheng Group, is suspected of fund-raising fraud, illegal absorption of public deposits, illegal possession of guns and other crimes. In addition, a number of suspects related to this case have also been arrested by the local procuratorate.
According to the truth investigation of the illegal fund-raising case of "e-Rent Bao" released by Xinhua News Agency, from July 20 14 to February 20 15, "e-Rent Bao" was a network platform operated by Jincheng Network Technology Co., Ltd. and its affiliated companies under Yucheng Group, and "Yucheng Department" used high interest as bait. According to police investigation, "e-Rent Bao" In terms of the use of funds, in addition to a part of the absorbed funds used for servicing the principal and interest, a considerable part of them were used for the profligacy of "Yucheng Department" executives, maintaining the company's huge operating costs, investing in bad debts and advertising hype.
"e-renting treasure" is suspected of illegal fund-raising crime
According to the various criminal facts identified in the "e-rental treasure" case, the judicial organs believe that these acts of criminal suspects have been suspected of illegally absorbing public deposits and fund-raising fraud.
Guo Hua, a professor at the Law School of the Central University of Finance and Economics, said that the crime of illegally absorbing public deposits has four elements: the first is to absorb deposits without the approval of relevant departments or under the guise of legal business; The second is to publicly absorb deposits in the form of media, text messages and promotion meetings; The third is to promise to repay the principal and interest or return through private placement and equity; The fourth is to absorb deposits from the public, that is, unspecified people. In this case, the suspect used the online platform to publicly absorb deposits from the whole country, and also promised to repay the principal and interest. His behavior has been suspected of illegally absorbing public deposits.
"For those who have already constituted the crime of illegally absorbing public deposits, if there is still a situation that the property cannot be repaid due to wasteful investment or consumable expenditure, it constitutes the crime of fund-raising fraud." He believes that the suspect in the "e-rental" case invested in high-end vehicles and houses and paid high salaries to employees, which reflected his subjective purpose of illegally occupying investors' funds. This is one of the important reasons why the absorbed funds cannot be repaid, and it is also one of the main reasons why it is suspected of fund-raising fraud.
Li Aijun pointed out that finance is a high-risk industry, so people need to master certain financial knowledge before investing, knowing that any investment behavior must be at their own risk; And if the financial activities that investors participate in are suspected of illegal crimes, they will bear greater risks.