After the monetary tightening, local folk fund-raising in Jiangyin began to rise as early as a few years ago. A large number of pawn shops have mushroomed in the streets of Jiangyin, and the interest of private lending can even be as high as 40%. According to a senior executive of a large local enterprise in Jiangyin, there is no specific entity project in Sun Feng's "financing", but the lender takes a fancy to Sun Feng's identity, fame, local contacts and activity ability, and the loan interest granted by Sun Feng usually exceeds 20%.

The personal feeling of the insiders of Jiangyin Sub-branch of Agricultural Bank of China is that Sun Feng has been keen on speculating futures in recent years, and suffered heavy losses in the second half of 20 1 1, which may be the direct trigger for his family to flee. His wife, Xia's former leader, also said that he had heard the news of futures losses.

According to some information, Jiangyin Police Economic Investigation System has sent investigators to the Philippines and other Southeast Asian countries many times. It is widely circulated in Jiangyin that Sun Feng, who holds a Singapore passport, has probably gone to Canada via Singapore.

According to Wu Yidian's suspected crime, a lawyer in Jiangsu judged that Wu Yidian's detention probably provided a route for Sun Feng to escape huge sums of money. At present, the Singapore Consulate in Shanghai has sent people to Wuxi to understand the situation.

A police officer surnamed Fan of Jiangyin police said, "The village that lent Sun Feng the most money is a village in Jiangyin, with tens of millions."

It is said that "this village" is a wealthy Longsha village adjacent to Huaxi Village. An insider close to Jiangyin Public Security Bureau revealed that after the escape, the police talked to Zhao, secretary of the village committee of Longsha Village. According to the latter, she mobilized 98 million yuan to participate in private lending.

Longxi village, a city card adjacent to Jiangyin, achieved an industrial sales income of 5.28 billion yuan and a profit and tax of 325 million yuan in 201/kloc-0. There are about 60 enterprises in the village, mainly black strip steel, medical gloves and textiles. From 1989, Zhao served as the village party secretary in Longsha Village. In 2003, Zhao also founded Jiangyin Shenghua Textile Finishing Co., Ltd., a village-run enterprise with a personal shareholding of 565,438+0%, which mainly produces denim.

According to sources, the loan to Zhao may be the village provident fund. The local villagers said it was 80 million yuan, but an official of the local government said, "At least 50 million yuan was misappropriated. In addition, Zhao himself also raised funds from others as an intermediate level. "

After fleeing, Zhao began to borrow money everywhere. The above sources believe that this is to fill the hole of funds in the village.

However, Wang Qi, director of the discipline supervision committee of Longsha Village, denied the theory of public funds. "This can't be the village public funds. Even if Secretary Zhao provided funds to Sun Feng, it was the funds she raised from outside. " Wang Qi said that after the incident, the supervision committee of the village commission for discipline inspection also heard the "rumor" that Zhao Yong's village collective funds participated in lending, and the conclusion after investigation was "no such thing".