The Owner Of The Clothing Factory Is 150 Million.

Set up a garment factory clothing Production and processing, due to blind investment and poor management, loss. To maintain business, garment factory owner Yao borrowed loan sharks. Over the past two years, Yao has baited 13 people for a total of 150 million yuan by paying high interest rates as bait.

The reporter recently learned that the second instance of the Suzhou intermediate people's Court of Jiangsu province dismissed the appeal of Yao Yao from the defendant, and upheld the original judgment of the people's Court of first instance in Changshou City, and sentenced him to nineteen years' imprisonment and a penalty of 700 thousand yuan.

In April 2003, Yao set up the St. dragons garment factory, which was engaged in garment production and processing, and the size of the enterprise was around 100. Because of blind investment and poor management, garment factories are losing money. To fill the deficit, Yao started to borrow money to maintain business.

By the end of 2009, the garment factory was facing a crisis of shutting down production and shutting down. Yao had had the idea of ending the operation, but he could not resist the temptation of the lenders to lend money voluntarily.

At the beginning of March 2012, Yao's almost crazy debt made him deeper and deeper. At that time, the loan maker asked Yao and Yao to make a request: "I hope to set up a clothing company to cooperate with me. Spin Enterprises are talking about business outside, but I have a bad reputation in the bank. I need you to be a legal representative. I account for 30% of the shares and the capital contribution is deducted from the loan. "

In March 7, 2012, Yao cancelled the St. dragons garment factory and turned to register St. Clothes & Accessories Ltd. will transfer 1 million 800 thousand yuan from the bank to the registered company account. After the certificate of the shell company was complete, Yao immediately transferred all the registered capital of 1 million 800 thousand yuan to his personal account in March 22, 2012 and returned the loan to other people on that day.

In July 2012, the debt collectors pressed on, and Yao, who had a tight turnover of funds, took the last move. He borrowed 1 million yuan from a small loan company in Changshu under the name of capital turnover. After the payment came, Yao immediately used to repay other borrowers and pay interest, and postponed his own pressure.

In August 20, 2012, Yao, a heavily indebted building, was in a desperate position and fled with money to Anhui. Less than ten days later, the Anhui provincial public security authorities arrested Yao in a rental house and seized more than 20 yuan in raising funds.

After hearing the court of Changshou City, the court held that the defendant, Yao Mou, took illegal possession as the purpose and illegally collected 150 million yuan by fraud. The amount of RMB about 35000000 could not be returned to the court. The amount was huge. As a legal representative of Saint Feilong Garments Co., Ltd., Yao escaped from the company law and swindled the other party's property in the process of signing and fulfilling the contract. The amount was huge. His actions constituted the crime of capital accumulation fraud, contract fraud and capital flight.

Yao refused to accept the first instance and appealed. In January 26, 2014, Suzhou The second instance of the Municipal Intermediate People's court ruled that the appeal was dismissed and the original judgment was upheld.