Migrant workers in recent years of illegal deposit

's Court hearing of the case. Well-known real estate agent in early August last year, closed down overnight,[link widoczny dla zalogowanych], Ningbo HongRun honest real estate agent company closures,[link widoczny dla zalogowanych], company executives Zhang Zhongjun surrendered to police as the news like a hurricane swept through the entire real estate industry in Ningbo. News, located in Ningbo, China CITIC Bank Building, 29th floor stand HongRun estate headquarters was "looted" various creditors called several moving companies rushing to carry sofas, LCD TV, chairs and other items, and even thermos did not let go . Grab move things are company employees, are also Zhang Zhongjun creditors. According to the company's internal statistics, Zhang Zhongjun borrowed to employees at least 12 million yuan, the most people to lend him $ 3 million. Today,[link widoczny dla zalogowanych], the once very famous HongRun real estate,[link widoczny dla zalogowanych], headquarters and subordinate branches have been a total of 16 stores closed,[link widoczny dla zalogowanych], staff tears. 3 years nearly one billion of illegal deposit-taking an annual turnover of up to forty-five billion, ranking second-hand housing business downtown Ningbo five intermediary companies, how will suddenly collapse it According to Ningbo Haishu District Procuratorate prosecutors introduced Zhang Zhongjun to Ningbo in 1999 when, worth more than ten million can not afford even a house, had to rent to survive. However, since the work into the HongRun estate, its worth double that in 2003, he would drive down HongRun real estate, jumped from a wage earners become CEOs. About a year's time, Zhang Zhongjun by doing real estate business to earn three or four million, but through illegal Xichu guarantee companies, there are 34 million a year in revenue. September 2005 to July 2008,[link widoczny dla zalogowanych], Youyi Zhang Zhongjun high interest as bait, and several units to more than 90 illegal deposits, has absorbed 990 million yuan. He then again this money at a higher interest to lend to others, in order to profit illegally. To July 28, 2008 incident,[link widoczny dla zalogowanych], a total of 290 million yuan can not be repaid to the victims and creditors. The recovery of the victim and creditors and under the threat of Zhang Zhongjun finally surrendered to the Ningbo Municipal Public Security Bureau. Some bank staff told reporters that for large real estate companies, short-term financing,[link widoczny dla zalogowanych], which is their mortgage business to make money magic, though, "Zhang Zhongjun scale have done too much, banks are stepping up their of preparedness. "According to his understanding, the major banks back in early 2008 for Zhang Zhongjun tightened lending. Attempted to flee before the incident although banks have tightened their lending, Zhang Zhongjun part of the capital chain began fault, but as part of the recovery of funds, Zhang Zhongjun confident to overcome the difficulties. In October 2007 to 2008 during the Spring Festival, there are dozens of sets of real estate under the name of Zhang Zhongjun lavishly spending billions of dollars. About 2.6 million he bought a Mercedes-Benz price S600, opened two months later with 2.3 million sold, then bought a new Mercedes-Benz S600. Zhang Zhongjun's sister Zhang Zafira also followed him stick a lot of light, and her name was in the car with a Mercedes-Benz S350, a BMW 730, as well as a Lexus. The spring of 2008, Zhang Zhongjun to play in Hong Kong splurge, buy a watch on the light took 360,000, also bought about 150,000 mobile phone one, rings breath bought four. Before the incident, Zhang Zhongjun had tried to flee to Malaysia. In the courtroom yesterday, Zhang Zhongjun said, because "I feel morally do make life difficult" and eventually abandoned escape plan. The prosecutor asked: Are you a disruption in the capital chain is still the luxury of spending billions of dollars to buy luxury cars, watches,[link widoczny dla zalogowanych], mobile phones, rings, then you will morally decent In this regard, Zhang Zhongjun bow their heads in silence. Interoperability with other illegal deposit-taking has been implicated in the case since last year,[link widoczny dla zalogowanych], in Haishu District People's Court yielded several illegal deposit-taking case, each case defendants often interrelated. In this case, Zhang Zhongjun will Absorbing funds lent to Wang Wei (China Agri first case of the accused), Yu Chun (Yu Chun illegal deposit-taking more than 2000 million, the case was July Haishu Court judgment), among others. It should be added that, "the National Cereals first case" the central figure of Wang Wei, on suspicion of stealing and selling to customers on behalf of the stored palm oil, and swept away money, the victim companies throughout Zhejiang, Tianjin, Beijing, Shanghai, Yunnan, Jiangsu other places, worth more than 1 billion yuan. And Wang Wei and Zhang Zhongjun also have intricate relationships. Back in 2001, Wang was established in Ningbo Haishu District, Ningbo Concord Real Estate Sales Agency Limited. September 2006, he was transferred to five stores Zhang Zhongjun, out of the real estate agent market. As the case the case is complex, involving numerous evidence, Haishu Court did not in court for sentencing, will reschedule the second hearing the case.
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