P2P platform exploded, where did the original funds go? Some are used for personal extravagance, and some are engaged in high-risk investment, while this family prefers real estate and land.
Yesterday, Luyang Branch of Hefei Public Security Bureau reported the new progress of the illegal fund-raising case of Dazhi Investment Group. The police have seized 177 houses of Ling and Li, the main criminals, including 87 houses in Changsha, with an area of 8550.57 square meters; Hefei has 90 houses, with an area of 35507.37 square meters.
In addition, 70 houses under the names of Anhui Jiashidun Hotel Management Co., Ltd. and Anhui Lingmei Trading Co., Ltd., affiliated companies of Dazhi Group, have been seized before. Up to now, Dazhi Group has been seized at least 247 houses.
In addition to the real estate, nearly 40000 square meters of land under the name of the company involved, which was actually controlled by Ling, the real controller of Dazhi Group, was also seized. In addition, in the previous notification, the police have also frozen the fund of Dazhi Group of 5.59 million yuan, 5000 A-share shares (as of the freezing date, the market value was 38800 yuan), and seized 1900 cases of liquor, 2 Mercedes Benz cars, and 1 Rolls Royce car.
Behind the shocking assets is rampant illegal fund-raising. Since 2014, Ling and others have used the P2P platform of "Anjie Fortune" and "Zhijia Financial Services" to publish false targets online and use high interest rates offline as bait to conduct illegal fund-raising by setting up capital pools and self financing. Among them, as of July 31, Agility Wealth had a total transaction volume of 7.307 billion, a loan balance of 2.447 billion, and a total of 141900 outstanding lenders.
It is worth noting that Dazhi Group may also be suspected of allocating capital and investing in stocks. In the latest notification, the police said that they had sent personnel to Kunming and Xi'an to obtain relevant evidence of Lingmou's allocating capital and investing in stocks through a trust company in Yunnan and a trust company in Shaanxi.
The principal offender has 177 houses closed down and is also suspected of investing in stocks
On November 7, Luyang Branch of Hefei Public Security Bureau notified Dazhi Investment Group of its suspected illegal fund-raising case.
The report shows that since October 30, the police have recovered 1.37 million yuan of illegal income from financial managers. 12 financial managers who actively returned stolen goods and cooperated with the investigation went through the procedures of obtaining a guarantor pending trial, and 4 financial managers who refused to return stolen goods and did not cooperate with the investigation submitted to the procuratorate for approval of arrest according to law.
In addition, Luyang Branch obtained 516 bank account numbers newly discovered by the audit department and audited them. At the same time, the police went on business trips to Kunming and Xi'an, and obtained relevant evidence of Lingmou's investment through a trust company in Yunnan and a trust company in Shaanxi.
The notice also clarified the ownership of the seized property. The suspects Ling and Li actually owned 177 houses, including 87 houses in Changsha, covering an area of 8550.57 square meters; Hefei has 90 houses, with an area of 35507.37 square meters.
Ling is the legal person and chairman of Dazhi Investment Group Co., Ltd. Ling surrendered to Luyang Branch of Hefei Public Security Bureau in Anhui Province on August 31 because the company's capital chain was broken and could not be paid on schedule.
Tianyan search information shows that Dazhi Group was founded in June 2009, and Lingmou's company lineup is huge. As a legal person, there are 12 companies including Anhui Dazhi Real Estate Development, Anhui Carlston Hotel Management, Shanghai Haolu Investment Management, and 14 companies have actual control.
According to the official website, Dazhi Group has 13 subsidiaries with total assets of billions of dollars. The business scope involves financial management, modern technology, Internet technology, information services, investment management, real estate development and sales, etc. It has won many honorary titles such as "Excellent Enterprise Unit", "Executive Vice President Unit", "Quality and Service Integrity Demonstration Unit", "AAA Credit Enterprise", etc.
Loan balance exceeds 2.4 billion, involving 140000 people
Since 2014, Ling and others have used the P2P platform of "Anjie Fortune" and "Zhijia Financial Services" to publish false targets online, use high interest rates offline as bait, provide false guarantees and promise to buy back bad debts by affiliated companies, and wantonly raise illegal funds by setting up capital pools and self financing.
Surprisingly, in the past four years of operation, none of the objects published by the two platforms are true, but all are false lending objects. In terms of specific operation, Ling instructed the person in charge of the product department of Dazhi Group to forge the business license, property certificate, property mortgage certificate and other materials of the enterprise by means of software PS, to make false tenders, to publish the above-mentioned forged tenders on the platform in the name of employees of Dazhi Group, and to make false guarantees with the company under their actual control.
After attracting investors to invest, Ling took two steps: online and offline:
Instruct the person in charge of the online finance department of Dazhi Group to withdraw the platform funds to the 14 bank accounts actually controlled by the person in charge of the online finance department. After the platform funds are transferred layer by layer, they will enter the 12 fund pool accounts actually controlled by Lingmou for free use;
Instruct the person in charge of the offline finance department of Dazhi Group to collect the offline funds through cash, POS machines, bank transfers and other means, and the funds obtained will also be entered into the above 12 fund pool accounts for free use.
According to the public data, the main operator of Agility Wealth is Shanghai Haolu Investment Management Co., Ltd., which went online in 2014. The legal representative and the only shareholder of the company are Ling.
As of July 31, Agility Wealth had a total transaction volume of 7.307 billion, a loan balance of 2.447 billion, a total of more than 300000 lenders, and a total of 141900 outstanding lenders.
The main operating company of Zhijia Financial Services is Shenzhen Zhijia Network Technology Co., Ltd., with a registered capital of 50 million yuan, and the legal person Wu Shichao is wholly-owned. The total transaction amount of the platform is 918 million yuan, and the loan balance is 88.33 million yuan.
Hefei police attach great importance to the case of Dazhi Group's suspected illegal fund-raising. It is reported that after the case was filed, the police first transferred the capable forces to set up a special case team. Later, in order to strengthen the investigation, the case team has been upgraded to a special work team headed by the director of Hefei Public Security Bureau, and transferred the capable forces of the city's public security organs to carry out case investigation and recovery of stolen goods.
Hefei police also continued to report the case. Since the case was filed on August 31, Luyang Branch of Hefei Public Security Bureau has reported the illegal fund-raising case of Dazhi Group for more than 10 times.
At least 247 houses including Dazhi Group have been seized
Where did the money go after four years of illegal fund-raising?
According to the police report, the platform funds and offline funds of "Anjie Fortune" and "Zhijia Financial Services" are mainly used for online and offline repayment of principal and interest, external delivery of goods, purchase of property, personal extravagance and high-risk investment, of which stock investment has generated huge losses.
In yesterday's notice, the police made clear the ownership of the seized property. Ling and Li actually owned 177 houses, including 87 houses in Changsha, with an area of 8550.57 square meters; Hefei has 90 houses, with an area of 35507.37 square meters.
In addition, 70 houses under Anhui Jiashidun Hotel Management Co., Ltd. and Anhui Lingmei Trading Co., Ltd. (Dazhi Group Management Company), which were previously reported by the police, have been seized, and at least 247 houses under Dazhi Group have been seized.
In addition to real estate, nearly 40000 square meters of land under Lingmou's actual control of the company involved was also seized.
In addition, in the previous notice, the police have frozen the fund of 5.59 million yuan, 5000 A-share shares (as of the freezing date, the market value was 38800 yuan), and seized 1900 cases of liquor, 2 Mercedes Benz cars, and 1 Rolls Royce car.
It is worth noting that the police have been blocked many times in the investigation of this case. Yesterday's notice showed that four financial managers refused to return the stolen goods and cooperate with the investigation, and the police have submitted to the procuratorate for approval of arrest according to law. Last month, 15 financial managers refused to return the stolen goods. The police have taken compulsory criminal detention measures for the crime of illegal absorption of public deposits.
Editor in charge: Zhao Ziniu
