Has Chase filed a case for global contract fraud?

On May 22, 2022, Gaoyang County Public Security Bureau filed an investigation on the case of Levin Branch of Datong Global Capital Management (Beijing) Co., Ltd. suspected of illegally absorbing public deposits, and took criminal compulsory measures against the main suspects. On June 10, Yutian Public Security issued three announcements. Shanghai Li Kuo Business Consulting Co., Ltd. Yutian Yahongqiao Branch was suspected of illegally absorbing public deposits on July 8, 2002/KLOC-0; Datong Global Information Consulting (Beijing) Co., Ltd. Yutian Branch was suspected of illegally absorbing public deposits on April 22, 2022; Zhang Rongsheng, Zhang Shumin and others are suspected of illegally absorbing public deposits 202 1 1 year1October 30th.

Datong Global Information Consulting (Beijing) Co., Ltd. has branches all over the country. At present, Zunhua and Fengfeng mining areas, two branches of Datong Global Information Consulting (Beijing) Co., Ltd., both show more risks and abnormal operation. Yutian branch shows that the parent company is listed in the business exception list.

Illegal absorption of public deposits refers to the activities of absorbing funds from unspecified social objects without the approval of the People's Bank of China, and issuing vouchers to promise to repay the principal and interest within a certain period of time.

Legal basis:

Criminal law of the people's Republic of China

Article 176 Whoever illegally absorbs public deposits or absorbs public deposits in disguised form, thus disrupting financial order, shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention, and shall also, or shall only, be fined not less than 20,000 yuan but not more than 200,000 yuan; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan.

If a unit commits the crime mentioned in the preceding paragraph, it shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be punished in accordance with the provisions of the preceding paragraph.

People's Republic of China (PRC) Commercial Bank Law

Article 81 If a commercial bank is established without the approval of the the State Council Banking Regulatory Authority, or illegally absorbs public deposits or absorbs public deposits in disguised form, which constitutes a crime, criminal responsibility shall be investigated according to law; And banned by the State Council Banking Regulatory Authority.

Whoever forges, alters or transfers the business license of a commercial bank, which constitutes a crime, shall be investigated for criminal responsibility according to law.