20/kloc-in may, 2006, a 20 million yuan pledge loan case occurred in Tongguan county, Shaanxi province. Combined with the case, Shaanxi Banking Regulatory Bureau and Henan Banking Regulatory Bureau quickly organized banking financial institutions under their jurisdiction to conduct a comprehensive investigation, and found that a group of overseas criminals crossed Shaanxi and Henan provinces and used unqualified gold with insufficient purity as collateral to defraud 19 banking financial institutions of loans1900 million yuan. At present, the public security organs have arrested 35 overseas criminal suspects. After the incident, Shaanxi and Henan Banking Regulatory Bureaus actively guided and urged relevant institutions to take measures to resolve risks, and initiated investigations and administrative penalties.
According to previous media reports, from 2065438 to the beginning of May 2006, Tongguan Credit Cooperative contacted the borrower Zhang about the gold pledge of about 20 million yuan in loans overdue, but Zhang never answered the phone. Subsequently, the staff of Tongguan Credit Union blocked Zhang in the office, and he escaped by phone, and there was no news from then on. Because the dunning failed, Tongguan Credit Cooperative decided to dispose of the pledged gold, and it was found that the gold was adulterated during the disposal. A fake gold fraud case across Henan and Shaanxi provinces surfaced.
With the subsequent self-examination of Shaanxi financial institutions and the investigation of public security organs, Tongguan Credit Cooperative found that more fake gold was used for pledge, and then xi 'an Changan Credit Cooperative also found fake gold for pledge.
It is reported that tungsten accounts for about 62% and gold accounts for about 38% of these fake gold mortgaged to financial institutions. The appearance of the BRICS is standard gold, and the inside is wrapped with tungsten blocks. The criminals choose tungsten for counterfeiting, mainly because the density of tungsten is close to that of gold. The density of tungsten is 19.25g/cm3, and the density of gold is 19.3g/cm3, and the difference between them is only 0.05g/cm3, so it is difficult for ordinary instruments to detect such a subtle difference. Therefore, it is difficult to find flaws in this fake gold brick with tungsten block as the "core" without melting and drilling. In addition, the melting points of tungsten and gold are quite different. The melting point of gold is 1064, while the melting point of tungsten is as high as 34 10. After the criminals get the fake gold bricks back from the bank, as long as the temperature reaches the melting point of gold, it is easy to separate them.
According to reports, counterfeiting gangs are well organized and have a clear division of labor. From the procurement, processing and transportation of materials, as well as the pledge loan business, there are special personnel in charge, and the core team members have divorced. A few years before the price of gold rose, they made hundreds of millions of dollars by "speculating in gold" and pledging loans with fake gold. After re-entering the market, it was difficult to get out because the price of gold continued to fall, so we could only use fake gold to pledge loans from many banks to pay interest, and finally it was unsustainable and completely collapsed.
It is reported that Shaanxi Banking Regulatory Bureau fined 50 million yuan to 18 banking financial institutions involved in the case, including 36 million yuan to1/kloc-0 county-level rural credit cooperatives, Shaanxi Branch of Postal Savings Bank and its Weinan Branch and Tongguan County Branch, and100000 yuan to Shaanxi Branch of Industrial and Commercial Bank of China. Ninety-five responsible persons of the above-mentioned institutions were punished, of which eight were disqualified from 1 year to life-long senior management, and 87 were given warning respectively. At the same time, the relevant institutions were ordered to give disciplinary sanctions and economic penalties to 262 responsible persons in accordance with party discipline, political discipline and internal rules. In addition, Shaanxi Banking Regulatory Bureau held accountable those whose internal supervision was not in place.
Henan Banking Regulatory Bureau fined 2.5 million yuan to the ICBC Sanmenxia Lingbao Sub-branch involved in the case, and punished nine responsible persons of the sub-branch and the ICBC Sanmenxia Sub-branch. Five of them were disqualified from serving as senior managers for three to eight years, and four senior managers were given warnings respectively. At the same time, the Industrial and Commercial Bank of China was ordered to give disciplinary sanctions and economic penalties to 48 responsible persons of provincial, municipal and county branches.