China News Service, February 7th. Zheng Xinjian, Director of the Fourth Procuratorate Office of the Supreme People’s Procuratorate and Director of the Intellectual Property Procuratorate Office, revealed in an online interview with the Supreme People’s Procuratorate today that from January to November 2020, prosecutors across the country prosecuted for financial destruction. There were 14,152 cases of management order crimes, 30,655 people, and 4,425 cases of financial fraud crimes, 6,654 people.

　　Zheng Xinjian introduced that in order to prevent and defuse major financial risks, the Fourth Procuratorate of the Supreme People's Procuratorate has done the following work:

　　The first is to focus on "severe punishment according to law."

Highlight the key points of case handling, and seriously investigate and handle various public-stakeholder and cross-regional financial crimes such as illegally absorbing public deposits and fund-raising fraud. From January to November 2020, a total of 9682 cases of illegally absorbing public deposits and 21,365 people were prosecuted, and 1,523 were prosecuted for crimes of fund-raising fraud. 2290 people.

　　Actively participate in the special struggle against gangsters, severely punish gang-related crimes in the financial lending field in accordance with the law, and carry out in-depth special rectification work in the financial lending industry with the People's Bank of China and other departments.

Faced with the confusing nature of new financial crimes and the difficulty of combating them, we have given full play to the role of case guidance. In March last year, the Supreme People’s Procuratorate issued the seventeenth batch of guiding cases to convey the concepts and methods for handling new difficult financial crimes, and pass on A strong signal to crack down on financial crimes.

　　The second is to take the initiative to "recover stolen goods and restore losses."

Public-stakeholder financial crimes involve huge amounts of money, involve many investors, and cause serious losses.

The Supreme People’s Procuratorate will recover stolen goods and restore damages throughout the judicial case.

Strengthen cooperation and cooperation with relevant departments, pay attention to discovering clues to recover stolen goods, guide investigative agencies to screen property conditions in a timely manner, and promptly adopt compulsory measures such as seizure, seizure, and freezing in accordance with the law.

Make good use of legal means in accordance with the law, explore different disposal methods to achieve asset value preservation, minimize the losses of investors, and protect the legitimate rights and interests of investors.

　　The third is to deepen "governance and prevention." In 2019, the Supreme People’s Procuratorate issued the “No. 3 Prosecutorial Recommendations” to relevant central authorities to promote enhanced supervision and prevention and control at the source. In 2020, the Fourth Prosecutors Office issued a work notice to summarize and promote the experience and practices of various regions, and guide all regions to promote the implementation of procuratorial recommendations. Eleven provincial-level courts, including Shanxi and Liaoning, issued procuratorial recommendations to relevant departments and financial institutions; provincial-level procuratorates in Chongqing, Tianjin, and Hebei provided countermeasures and suggestions to the party committee and relevant departments through investigation reports; The problems found in the case of fraudulent bond issuance have been issued to the Chinese Institute of Certified Public Accountants and procuratorial recommendations have been highly valued, positive feedback and effective actions by financial regulatory authorities and financial institutions.