Chapter 26
"Oh, okay, then I'll talk to you." Feng Yiji was forced to question by her younger brother, so she could only avoid the important things. "In fact, the Zhou family is pretty clean. Uncle Zhou has been a judge for 20 years and has never done anything to collect money and judge in vain. Of course, occasionally receiving red envelopes during the Chinese New Year and the holidays is definitely not immune to the vulgarity.
However, it is all about other people or subordinates doing things privately. As usual, the New Year holiday gives him some intentions to jail and make him turn a blind eye. It only costs tens of thousands of yuan a year, but it is definitely less than 100,000 yuan anyway. Over the years, the total amount has only been hundreds of thousands. It is said that this is really not a problem. If he doesn't even take this little, the court president will not be able to do it today, and he will definitely be excluded and afraid of it..."
"Okay, I know Uncle Zhou is not that kind of person, I am not a person who is not a worldly fireworks, and officials are also human beings. There are some red envelopes for New Year's gifts during the New Year, I can understand. As a judge, as long as you don't misjudgment because of collecting money, you can do it." Feng Jianxiong stopped this topic and then turned to the point, "Tell me the key point, tell me what's wrong with Aunt Murong. The Zhou family's large property cannot be their salary and investment income."
"Murong Ping hasn't actually greedy for any money..." Feng Yiji carefully sorted out her words, as if she was afraid that Feng Jianxiong would hate Wu Ji's house because of this, and even Zhou Tianyin was alienated.
Feng Jianxiong listened, but his emotions were not as fluctuating as his sister imagined.
In his previous life, Feng Jianxiong and Zhou Tianyin's date started in his sophomore year, and he finished his job shortly after he graduated from college.
Therefore, in 2008, Murong Ping's daughter had been "successful" by Feng Jianxiong, so naturally she could no longer be sold as a woman and a second to please Shangguan's playboy.
However, Feng Jianxiong did not remember that something happened to the Zhou family and the fall of the situation later, so he always felt that Murong Ping was playing with fire and burning herself - maybe she would not please her and re-stop, and something would not necessarily happen. She was just a small director of the Local Taxation Bureau, so who would be patient to make her take the position?
But if it really pleases people and swells up the appetite of the yamen, Zhou Tianyin will be strong and unyielding, and maybe it will be a bad thing.
Feng Yiji observed his younger brother's reaction for a while and continued to ask: "Do you know about the stock market?"
Feng Jianxiong laughed: "China's stock market? That's a casino. What do I know about this? If I want to invest and buy stocks, it is also a routine of learning 'value investment'. I don't engage in short-term speculation. It's useless to understand the domestic stock market."
Feng Yiji was not annoyed and continued to ask: "Then you always care about the news. Last year, there was an awesome stock in the market. There was a big problem. You should have heard of it. It was the 22 consecutive daily limit increase in Hangzhou Xiao Steel Structure..."
Feng Jianxiong thought for a while: "Hangxiao Steel Structure hit the daily limit for 22 consecutive times? Of course I know this. Didn't it mean that it was investigated by the China Securities Regulatory Commission later, and it was because of fake public information misleading investors, and there was also the problem of insider trading."
The case mentioned by Feng's brothers was quite famous during the bull market in the domestic stock market from 2006 to 2007.
That was when the bull market was about to end in 2007. At that time, a listed company in Qiantang, Hangxiao Steel Structure and management, forged some fake order news with very large amounts.
The news came out, saying that the company's boss had a relationship with an African country that had just ended the civil war, and Angola's new warlords were still very strong (the folk news said that there were all good friends, and I don't know how Uncle Black learned from the Chinese to kill chicken heads and burn yellow paper to buy men). So he got the order of the main major part of Angola's post-war reconstruction project, and the framework agreement was signed.
This is a big business! The steel structure infrastructure project alone is worth 35 billion yuan!
After the false news was released, the stock price of Hangxiao Steel Structure of course soared, hitting the daily limit for 22 consecutive trading days!
Considering that the domestic stock market is closed for two days on weekends, excluding the eight days of four weekends per month, it is actually equivalent to not letting go of the daily limit line for a whole month! The daily limit is closed as soon as the market opens every day!
Anyone who has learned elementary school mathematics can calculate the 110% to the power of 22.
That's exactly eight times.
That is, investors who enter the market with 100 million yuan at the beginning of the month, if they cash out at the highest level at the end of the month, they will directly become 800 million yuan, making a net profit of 700 million yuan.
Of course, in fact, no one has successfully left the market at the highest level, and it is impossible to leave the market with hundreds of millions. Because the false orders are only 35 billion, if the trading volume of the order is too large, the daily limit will still be closed.
More importantly, the 22 consecutive daily limit was finally targeted by the China Securities Regulatory Commission and asked for a suspension of trading investigation.
Therefore, those who are lucky enough to run may only get the favorable benefits of less than 20 daily limits and will be flawed. Those who are more timid will be content to stop by the 14 or 15 daily limits.
...
"Murong Ping was in the Taxation Bureau at the time. As the director of the specific work, she was responsible for some financial statement audits of Hangxiao Steel Structure. However, the boss of Hangxiao Steel Structure revealed some news to her at that time, asking her to follow up and buy some stocks in advance.
She was not very brave. At that time, the Zhou family bought the villa next door. They were very tight and they still had a mortgage. She paid for all the property and tried every means to borrow some and invested a lot. She didn't dare to hold it until the end. She rose for two consecutive weeks and sold it when the third week was about to end. She only made tens of millions in total."
Feng Yiji revealed the role played by the Zhou family in this matter in one breath, and then observed his younger brother's reaction.
Feng Jianxiong silently and pondered in his heart: "It seems that Sister Tianyin's mother is not a person who knows how to invest. Although the stock market has not yet raised margin trading and cannot legally engage in leverage, she only raised this amount of funds even though she knew she would make money, which shows that she was timid. However, it is also possible that even if she took more money, she could not absorb so many chips before the market - after all, the boss of Hang Xiao Steel Structure still has many benefits to share, and maybe she only gave her this opportunity to absorb funds."
After he figured it out, he asked his sister: "So, the main problem of the Zhou family is the crime of insider trading? It is not corruption or bribery? Over the years, their main gray income was all Murong Ping relied on the boss of the company to give some internal information in the investment field, inform the news, and earn some extra money from following the trend?"
Feng Jianxiong was a law-based student, so of course he knew that insider trading was not a serious crime.
For example, it’s already 2008, and Gome’s Huang Guangyu is about to be in charge of insider trading.
Before Huang Guangyu entered, he was the richest man in the three Hurun Rich List. At that time, Wang Xlin could only light cigarettes and make tea for him. It can be seen that these masters who were involved in financial capital operations were all emperors and ministers.
Moreover, compared with the crimes of embezzlement and bribery, which can theoretically be charged for a maximum period of time, or even life (theory of course, there is also a death penalty, theoretically), the sentencing of insider trading is relatively light.
After all, this crime was not tailor-made for state public officials, but was only for economic people.
Only those in the economic field are qualified to commit. Except for illegal fundraising, most of the other things are not called a problem.
According to Article 180 of the Criminal Law of my country, insider trading crimes, if the circumstances are serious, they will be sentenced to fixed-term imprisonment of not more than 5 years, and if the circumstances are particularly serious, they will be sentenced to fixed-term imprisonment of not more than 5 years but not more than 10 years (of course, there will be fines).
Murong Ping's drizzle of tens of millions of dollars and is not the dominant one. Even if something really happens, it would be nice to be able to barely achieve "serious circumstances". (The tens of millions of dollars are very serious in the field of greed, but it is a small amount of money in insider trading.)
Moreover, don't think that this is because the state of the country treats capitalists in particular, so it sets insider trading so lightly. To be honest, the state of the country is already a relatively strict type of capitalists on earth.
Haven't you seen that after the Huang case was sentenced, American netizens across the ocean expressed their shock:
"What? The richest man in a country was sentenced to 14 years in prison just for insider trading? If he were in the United States, these Wall Street thieves would definitely be invited by the president to be his staff! China's system is so great!"
(Note: Huang Guangyu himself was sentenced to 14 years, but the amount was particularly huge, and he was punished with multiple crimes. Not only were there insider trading, but there were also "the crime of leaking insider information" and other crimes. In other words, after you know insider information, you will be charged with "the crime of insider trading". If you not only buy it yourself, but also introduce others to buy it, it will be punished with "the crime of leaking insider information".)
...
Feng Yiji saw that her younger brother was thinking about things alone, and she didn't seem to have any intention of turning against each other. After a while of anxiety, she completely admitted that she had a certain degree:
"Yes, so the biggest problem with the Zhou family is Murong Ping's insider trading over the years. In her position, there is always some news about the bosses of listed companies or other companies in her jurisdiction.
Of course, in previous years, they had small fuss, and the stock market was also bearish at that time, and each time it earned hundreds of thousands to one million. The remaining money of the Zhou family was all based on the Zhou family's own vision to invest in real estate and appreciate. It was really clean. They really didn't directly suffer."
Feng Jianxiong walked back and forth in the house for a while, and carefully settled the score and said, "Since there is only insider trading, why sell off his daughter's lifelong happiness? Tens of millions are also called money in the capital crime circle? Even if you really offend someone, you can't get over this hurdle, and you will be sentenced to three years at most. If you pay the fine in time, you will get out after two years. It's just that the official is lost - but I remember Murong Ping is almost 50, right? Even if you retire, how many years will it take?
Is it because I am worried that civil servants will not pay social security, so I lost my civil servant status and did not have a pension in my later years? Didn’t I say that the Zhou family has this little money and still care about the pensions of civil servants for decades? Even if there is 100,000 yuan a year, including inflation and wage increases, I can die of 5 million yuan until I die."
Chapter completed!