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It is learned that in today's second instance

Posted Mar 01 2012 7:41am
It is learned that in today's second instance, Ying Wu, and the true nature of the Group borrowed money to others what the Department for the normal business activities or personal squandered used for other purposes, such behavior is what is key fund-raising fraud or normal private lending. As early as February 20, 2008, Dongyang Municipal Public Security Bureau on file for investigation and Dongyang City People's Procuratorate for examination and prosecution, Dongyang City People's Procuratorate to Wu Ying "alleged contract fraud, monster france illegal deposits from the public crime," the Dongyang Municipal Court prosecution. Thereafter, Jinhua City Procuratorate for examination and Wu Ying does not constitute a "contract fraud" and "illegal deposits from the public crime", but rather constitute a "financial fraud". First instance court in April 2009, Jinhua City Intermediate People's Court for financial fraud of First Instance sentenced Ying Wu to death, deprived of political rights for life and confiscation of its all personal property, identified Ying Wu borrowed capital for the purpose of "illegal possession". Dispose of the funds raised in the debt, no economic strength and management capacity, excluding the return, false to set up companies to squander the funds raised in the first instance verdict. " In January 2010, Wu Ying refused to accept the judgment of first instance and appeal. Ying-appeal that the reference to its grounds of appeal that his own subjective intent of fraud, most of the borrowed funds used for operating activities, only a small part for the purchase of personal items, so there is no profligacy.
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