China News Service, Nanning, November 30 (Reporter Lin Hao) Luo Jianyong, a member of the Judicial Committee of the Guangxi Higher People's Court, said on the 30th that in the face of the severe situation where public-related economic crimes frequently occur, the Guangxi court has stepped up its efforts and punished severely.

  The Guangxi Court’s press conference on cracking down on public-stakeholder economic crimes was held in Nanning on the same day. Luo Jianyong said that in recent years, illegally absorbing public deposits, raising funds for fraud, organizing and leading pyramid schemes, and using telecommunication network technology to commit fraud crimes still occur frequently. The above-mentioned stakeholder economic crime activities involve a large number of people, are highly harmful, and the criminal methods are deceptive, and the tricks are constantly being renovated, posing a serious threat to the people's "pocket".

  From January to October this year, the Guangxi court concluded the case of "Long Ai Quantum" super large network MLM, the case of fund-raising fraud on the "Union" foreign exchange speculation platform, the case of illegal absorption of public deposits by "Laolai Le Mall", and the capital of "Immigration Economy" There were 127 cases of illegal fund-raising crimes such as the operation of pyramid schemes and 243 persons, of which 98 were sentenced to more than five years of imprisonment, the severe sentence rate was 40.33%, and the maximum sentence was 15 years of imprisonment, involving 29,961 fund-raising participants, and the amount involved was 26.03 100 million yuan.

  Luo Jianyong's analysis pointed out that from the trial of public-related economic crime cases, this type of crime presents the following characteristics. First, the name is diversified and deceptive, such as "private borrowing", "bridge loan", "enriched people employment project", and "return to shops". "Rent", "Entrusted Investment", "Consumption Rebate Points", "Capital Operation", "Unfreeze National Assets", "Ecological Agriculture", etc.

The second is to use the company as a "mask" or provide guarantees in the name of the company to make the public relax their vigilance.

  At the same time, there is a clear trend for criminals to commit crimes by using online means. They set up websites through the Internet, conduct false propaganda through WeChat, Weibo, etc., under the banner of financial innovation, directly set up P2P investment platforms to illegally absorb public deposits.

Some criminals also use convenient and efficient modern communications and financial tools to fabricate the so-called national cause, targeted poverty alleviation, the “Belt and Road”, military-civilian integration, charity assistance, and other false “ethnic assets thaw” projects. The ability to obtain large returns is a bait, and it is developed through the WeChat and other communication tools to develop offline, fission-type propagation.

  Luo Jianyong introduced that the above-mentioned cases involve a large number of people and the amount involved is huge, and the losses are difficult to recover.

For example, "Guangxi Same City Renrendai" illegally absorbed more than 400 million yuan of public deposits in three years, involving 4341 people.

Liuzhou "Zhengling Group" illegally absorbed more than 1.1 billion yuan of deposits from 679 people or units in six years.

"Guo Xi Company" and other related companies absorbed more than 600 million yuan in less than one year.

In Guangxi’s illegal fund-raising cases in the past three years, only 0.83% of cases have fully recovered losses, 58.68% have been partially recovered, and 35.54% have been unable to recover losses.

  Luo Jianyong said that in response to the above-mentioned criminal characteristics and methods, the Guangxi court will strictly implement criminal policies to "steadily, accurately and relentlessly" crack down on stakeholder economic crimes. He also reminded the general public to strengthen and improve the identification and identification of stakeholder economic crimes. In particular, we must be vigilant against illegal fund-raising crimes, which are generally manifested in loans, shares, and investments that promise high interest rebates.

  Lu Guangyan, deputy director of the Propaganda Department of the Guangxi Higher People's Court, also said at the meeting that there are still people who are not aware of the rule of law, knowing it is an investment trap, and still fantasize about “getting rich overnight” and risk taking part in the chance to participate, leading to being deceived.

Next, the Guangxi courts will strengthen their efforts to prevent crimes while intensifying their efforts to combat and supervise, and improve their ability to identify such criminal methods.

(Finish)