Bypass the regulatory set up off-the-books accounts
's acts should be "Using off-the-books funds the crime of illegal lending conviction.
In the 2006 Criminal Law Amendment 6, the charges to modify the crime of illegal loans, and should therefore be a new offense to accuse Feng Wei.
Feng Wei rental at the houses cheaper costs just 88 yuan,burberry soldes, as if frightened of Feng Wei all day behind closed doors, with whom did not dare to contact.
How to spend above the interest of national regulations, urban credit in Zhongguancun,herve leger, also moving the brain, specifically wholly owned and set up a company called Beijing Jincheng Electronic, the company accounts managed by the treasury department to pay for the part of the high interest rates.
In order to "compensate" fled more than ten years of hard, in August 2008, Feng Wei, with his ex-wife and children to the United Kingdom, France, Switzerland and other countries in Europe to play.
?Crime processes
Set up exclusively for payment of high interest rates
Huohai tone for approval by the Treasury Department, specifically handling the loan contract
How to attract large amounts of deposits  The answer is to pay the high interest rates beyond the state regulations. Huohai tone set an upper limit, namely, the annual interest rate of no more than 20% within the Treasury Department can begin to pull deposits.
April 2008, Feng Wei can no longer tolerate this,louboutin, such as the "underground rat's life, his homesick eager to buy a train ticket to creep back in Beijing.
Sneaked back to Beijing to live and eat rely on his ex-wife
Outside the banking unit of account by the Treasury Department, a single set up an account
But even so, Feng Wei still think of foreign personnel in Shenzhen too, may encounter a police check ID, you should find a more secluded place ". Lived half a year later, Feng Wei fled in Panyu, Guangzhou City, a rural rental of a farm.
Feng Wei said the Treasury Department is not entitled to loans, the loan itself is not normal, but only in accordance with instructions to do Huohai tone.
In 1991, Feng Wei was transferred to the Zhongguancun credit unions to work. Just over a year, Feng Wei begins with an ordinary staff promoted to manager of funds,polo ralph lauren pas cher, three years later was promoted to credit unions, deputy director. After authorization of the credit cooperatives, director Huohai sound, when he was fully responsible for the business of Zhongguancun credit unions funds.
Feng Wei said that when he first entered the Treasury Department, heard of high interest to solicit depositors high interest lending business, higher than normal deposit and lending rates prescribed by the State,burberry, in his when the fund manager, "the continuation this business.
Normal bank loans must be by credit department and specializes in, so as to facilitate the superior bank supervision. Feng Wei said that the leadership Huohai tone in order to bypass regulatory, specifically on behalf of the Treasury Department, to open a special account dedicated to the absorption of high-interest-bearing deposits and high interest loans.
In lending to customers, the Treasury Department in order to circumvent the bank's interest rate policy, deliberately signed a loan contract with the customer, starting with loans simply deduct the high interest section, or the loan customers to pay high interest rates first part. In this way, a single deposit contract or loan contract point of view, the interest agreed in the contract are in line with banking regulations.
Usury principles of private provisions of the "high prices"
?Defendant Feng Wei was brought into the courtroom,coach outlet, into the trial area, he looked to the gallery
The Treasury Department to solicit depositors high interest rates to absorb the large deposits
For these funds specifically to whom loans, Feng Wei said the Huohai sound a final say,air jordan, there is no loan customers, loan before the review he did not know he was just arrangements sound Huohai, fulfill apply