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Old 09-04-2011, 03:58 PM   #1
jordan52781
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Default Futures fraud manager , said the financial turmoil

Jing Bao (Reporter Xin Wu) of the original Shenzhen Jinhui Futures Co., Ltd. Business Manager Colorado District Zhicun name clients to raise funds futures speculation,replica louis vuitton,Weather Home, resulting in most of the customers down the drain. Customers to view the original contract, that guarantee the company seal to be false, for the security of real estate is not my area Zhicun. Yesterday, the District Zhicun alleged contract fraud in the city Intermediate People's Court for trial.
[The prosecution alleged]

2007 年 6 月 至 2008 年 12 months, the defendant District Zhicun illegal possession for the purpose of each contract with a number of victims futures speculation. Promised in the contract area Zhicun high percentage of return, stamped Shenzhen Xin Mao Industry Co., Ltd. Shenzhen Branch of titanium or Industrial Development Co., secured a false official seal, or falsely is a property of others for their own security, fraud 10 victims were 10.91 million yuan. District Zhicun only to return before the incident the victim 3.6518 million yuan. Prosecution that should be investigated for fraud in the contract area Zhicun of criminal responsibility.
[courtroom]

Defendant: face financial turmoil has resulted in a loss

court, the district Zhicun pleaded not guilty, he argued that he was not to be deliberately fraudulent , but because the 2008 financial crisis, the futures price of copper plummeted, leading to his operation of the warehouse explosion futures accounts, funds have losses, so can not honor commitments to customers. From 1993 he began to futures speculation, and fry well until 2007, are essential to maintain profitable. During these years, he accumulated a lot of customers who have signed a private agreement with him, give him the funds to futures speculation, he is committed one hundred percent profit, generally in accordance with 40-60% of the return commitment to each other. Before the incident,jordan sneakers for sale, his commitment to the customer basically fulfilled, and the 2008 financial crisis,official jordans sale, the futures market experienced an unprecedented blow account of funds of copper futures speculation soon be liquidated.
for the prosecution alleged that only part of more than 10 million yuan of funds into the futures account, the district Zhicun interpretation is to He deliberately withheld fraud.
Prosecutor: money is not all losses are its security, he provided six are not my property,Standard old woman killed after police said the po, and area Zhicun taken private is a violation of relevant provisions.
futures for the area Zhicun warehouse explosion called the fact that the futures trader from their accounts, in addition to a general loss more than 80 million account, another account or even a profit, and out of the bank statements shows that he did receive a $ 10 million fund, all of the money since there is no deficit, then it all gone?
The case is still pending.
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