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Old 05-24-2011, 07:37 PM   #1
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Default Executives hire people under the securities fraud

Investment Management Co., Ltd. China Galaxy headquarters of the former Managing Director of Investment Management Changlin, find someone posing as an intermediary, operating under the Ministry of defrauding the company of more than 1100 million in agency fees. Yesterday, Changlin in the city due to a corruption trial in the Court.
Changlin also pleaded not guilty on, more than 1,100 million did not explain the whereabouts of large sums of money. When the prosecution presented the testimony of witnesses against his crimes, Wang Changlin have answered: I did not do. Changlin counsel, there is no real evidence the prosecution of crime, witness testimony alone can not be convicted, and for the defense of not guilty Changlin.
indictment only from the point of view, Wang Changlin criminal means is very simple, he used his office, the central state authority housing fund management center to 1.5 billion yuan treasury bonds to the Galaxy managed company under the Securities Shanghai Fuxing East Road Business Department. Meanwhile, brother-in water and Changlin to friends Linyue Hui posing as middlemen,Puma Fluxion II, to collect agency fees in the name of public funds fraud Shanghai Sales 1,100 million, and the final appropriation. Before the incident, in order to cover up crimes,Puma Rodalban XC Low, instructions Lin Yuehui Changlin returned to the business department of 275 million.
corruption of public funds through the testimony of witnesses pierce

a bit through the testimony of witnesses, prosecutors, revealed the details behind the indictment.
First of all, 1.5 billion large single business is how to make picking the Changlin? Prosecutors introduced, this huge amount of debt is subordinate staff Changlin Ding Mou
Ding Mou said in the testimony, the boyfriend was responsible for 1.5 billion housing bond fund management center managed to work her boyfriend suggested she choose Galaxy. Boyfriend to the center to the report, be agreed units.
then find the boss Changlin Ding Mou, I hope he recommend a trusted business department. However, the boss of Shanghai has good contact Manager Yang, Ding Mou does not have much to say. Since then, the beginning and Manager Yang Ding Mou and her boyfriend negotiations, and eventually managed the work of clearing the debt.
Ding Mou and her boyfriend have said, never knew the water and Lin Yuehui two.
Shanghai Sales Department Manager Yang and how do you say? This business is operating behind the scenes Changlin, but his own superiors, if the resistance, the deal may have to be Since then, the Manager Yang Changlin instructions to do everything in accordance with,MBT Voi, for example, the proportion of intermediary fees paid in accordance with the first year of 3% of the total debt payments, and then gradually decline (but not actually reduce them), higher than the default 1% of the industry at that time; not only failed to pay the agency fee enter into any agreement, even a receipt are not allowed to play, each time in the water or Lin Yuehui to withdraw money, take a few million dollars are directly in cash, almost more than three years, two were removed more than 1,100 yuan.
've been to Shanghai 12 times your money handed over in the water, listening to the water that eventually the money to Changlin. Later, Lin Yuehui Changlin received telephone, said head being recovered intermediary fee for the return of some of their own money. Thus, Lin Yuehui has returned 275 million. However, this context because in the water at large and for this interruption.
1100 which went to more than million is still unclear

Changlin deny all the crimes, prosecutors combing the origin and development of managed business is not recognized.
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