In Huainan City, central Anhui Province, there are few foreign businessmen, but Shen Cheng has the nationality of Nauru and China as early as possible, and owns a Hong Kong company, namely Hong Kong Daxida Road and Bridge Construction and Development Company. In June of 20001year, Shen Cheng also established Huainan Daxida Road and Bridge Construction and Development Company with a registered capital of160,000 yuan. However, Shen's fame in Huainan is not only because of his status as a foreign Chinese and a Hong Kong businessman, but also because of his generosity and repeated donations to "fund" public welfare activities, which won him the reputation of "billionaire". At the same time, Shen was a "guest of honor" of the local government and received "warm welcome and special care" from the local political and police circles.
The financial myth of Shen Cheng, a "foreign businessman" in Nauru and known as an "able person", began to collapse and turned into a serial fraud case. 10 people, including Shen Cheng, have been brought to court by the prosecution, and the amount involved in Beijing alone is as high as 65438+38 million yuan. At the beginning of 5438+February 2002, according to the instructions of the Ministry of Public Security, Loudi police handed over Shen Cheng and other criminal suspects to Beijing Public Security Bureau for investigation and prosecution. In April 2004, the Beijing Municipal People's Procuratorate, after investigation and evidence collection by various parties, filed a public prosecution with the series of bill fraud cases of China Agricultural Bank Beijing Fengtai Science City Sub-branch.
According to the prosecution's allegations, during the period from 1996 to 1997, Shen Cheng often colluded with the deputy director of Science City Branch of Fengtai Sub-branch of Agricultural Bank of China, and used the high interest rate of 20% as bait to defraud Chongwen District Civil Affairs Bureau, China Red Cross Foundation and other1380,000 yuan deposits. Just when PICC Property Insurance Co., Ltd. Beijing Chaoyang Branch deposited the fourth deposit, it received a notice whether to transfer the money out, which aroused the company's suspicion and went to verify it, so that this mega-financial voucher fraud case surfaced.
Shen Cheng also colluded with Zhang Yinghuai, an employee of Bagongshan Office of Huainan Branch of Agricultural Bank of China, and signed a contract with Lianyuan Sub-branch of Agricultural Bank of China. Later, he defrauded160,000 yuan by collecting the deposit for bill discount business. It is reported that the amount involved in this fraud case in the country has reached 500 million.