How was the case of Eslite fund-raising in Qin Min, Jiangsu judged?

This is how Jiangsu Intimate Eslite raised funds. The fund-raising case of Eslite in Qin Min, Jiangsu Province involved crimes such as illegal fund-raising and financial fraud, mainly because the company used high returns as bait to absorb a large amount of funds and failed to operate according to regulations, which eventually led to heavy losses for investors. The case was publicly pronounced in Nanjing Intermediate People's Court on April 28th, 20 18, and 35 defendants involved were sentenced. Among them, the principal offender Wang was sentenced to fixed-term imprisonment 12 years and fined 654.38+10,000 yuan; Other people involved in the case have prison terms ranging from 1 year to 1 year, and fines ranging from 1 ten thousand yuan to1ten thousand yuan. In addition, the company involved and Wang and others were also ordered to compensate the victims for their economic losses.