From August 2000 to June+February, 65438, Yang Yanming transferred 24.8 million yuan from the business department to Beijing Jiajietang Property Management Consulting Co., Ltd., which was under his personal control, on the grounds that the business department of Hufang Road needed to change its business premises and lease it to the business department for use. Thereafter, Yang Yanming returned the three-year rent 1.265438 million yuan paid by the business department in one lump sum, and transferred the public funds1.30 million yuan from the business department again, totaling 2,565438+million yuan. So far, Yang Yanming embezzled 24.8 million yuan. Before the incident,12.7 million yuan was not returned. In addition, on June 5438+065438+ 10, 2003, Yang Yanming was removed from the position of general manager of Beijing Wangjing Xiyuan Securities Business Department and transferred to the company headquarters. Taking advantage of his position that he was still in charge of part of fund operation, he repeatedly instructed others to raise 600,000 yuan from the fund account controlled by the business department for his personal futures operation in the name of needing operating funds from June of the same year to March of 2004. The money was refunded before the incident. According to the criminal facts identified by the above court, Yang Yanming embezzled public funds totaling 6,965,438+200,000 yuan, and misappropriated public funds totaling 25.4 million yuan. From June, 5438 to February, 2005, the Beijing No.1 Intermediate People's Court ruled in the first instance that Yang Yanming was sentenced to death for corruption, embezzlement and several crimes. The case was tried twice by Beijing No.1 Intermediate People's Court and Beijing High Court. Although Yang Yanming refused to account for his embezzlement, he could not escape the severe punishment of the law.