The Cotton Industry, The Two Women Thief Merchants, Took The Cotton Money By Hand. 24 Million

Through a false procedure and to the whole country of Beijing

Yesterday morning, two female businessmen were sentenced to 15 years and 5 and a half years.

Pledged empty warehouse to defraud first payment

Qi Shuyun was originally Xinjiang Tianfeng seed industry limited liability company (Tianfeng company).

The court found that in August and September 2008, Qi Shuyun signed a purchase and sale contract with the Beijing national cotton exchange market (short for cotton trading market), and agreed to deposit the 49 batch of cotton with her Tianfeng company in the Jin Chen Yuan company and other places, and carry out warehouse receipt pledge with the cotton trading market, but she concealed the fact that some of the cotton had been sold.

At the same time, Qi Shuyun also asked Pang Lili to produce cotton in the cotton trading market in the Pang Jin Chen Yuan company warehouse proof.

Tianfeng company paid the deposit and swindled the cotton market to pay 24 million 395 thousand and 240 yuan for the goods.

Since then, Tianfeng has sold all the remaining pledged cotton stored in the company.

In addition, the court found that Pang Lili had paid 300 thousand yuan to Wang Chieh, a deputy manager of the warehouse management department of the cotton trading market, in order to make his company violate the designated delivery warehouse in the cotton trading market.

The two defendants are wanted by the police.

It is understood that in December 2008, "pledge" cotton out of the library, Qi Shuyun and Pang Lili were wanted by the police.

Yesterday, the court sentenced Qi Shuyun to 15 years' imprisonment for contract fraud. He sentenced Pang Lili to 5 years and a half for the crime of contract fraud and unit bribery, and sentenced Tianfeng company to commit the crime of contract fraud and a fine of three million yuan.

Because the company has been revoked its business license, the court no longer prosecuted the unit.

"Ku Guan Guan" was sentenced to jail for failing to observe.

According to the court hearing, Lin Yuan, the former assistant manager of warehouse management department of the national cotton trading market in October 2007, and Wang Chieh, former deputy manager of the Department of warehouse management, and Zang Jianzhong, the former warehouse manager of the market warehouse management department, failed to perform their duties conscientiously and approved according to the procedures. As a result, the company became the designated delivery warehouse in the cotton market, and later caused the illegal export of commodity cotton, which caused more than 700 million economic losses to the cotton market.

In addition, Jin Linyuan is still buying equipment in the cotton market, in the name of service fee, he received 60 thousand yuan cash from the supplier, and took advantage of the supervision of the cotton market to designate the location of the delivery warehouse, receiving two cards with 10 thousand yuan in it.

In September this year, the court finally sentenced Jin Linyuan and Wang Chieh to 6 years and 13 years' imprisonment for taking bribes and dereliction of duty respectively. Zang Jianzhong was suspended for dereliction of duty.