The latest news of Bozhou Xingbang case

Label: null The "Xingbang fund-raising fraud case" supervised by the Ministry of Public Security has been closed for more than a year since it was filed for investigation on June 5438+February 65438+May 2008, and no conclusion has been reached so far. The "old debts" have not been settled yet, and now new problems have emerged-some large fund-raisers of Xingbang Company are calling on fund-raisers all over the country to actively promote "debt-to-equity swap" and want to set up a new company. Recently, fund-raisers from Anhui, Shandong, Dalian, Beijing, Chongqing, Sichuan and other places have constantly reported to the author. Through online search, I learned that this matter has long been hotly debated. Through talking with some fund-raisers, the author deeply feels that the problems are "too complicated". As long as a link goes wrong, unexpected and serious consequences may occur. The most critical problem is that fundraisers don't know how far they can go in the end. The speech revealed more helplessness and resentment against the government. Therefore, some fund-raisers are still in a state of wandering; Some of them are not optimistic at all; Some of them are still waiting for the government's reply, hoping to return the funds raised; Some of them are completely "following the trend", but they have heard from those big families that they have obtained the "acquiescence" of relevant government departments. It is said that the special auction of property involved in Xingbang, which was originally scheduled to be held in Bozhou City, Anhui Province on June 65438+ 10/6 and June 17, was finally cancelled because the fundraiser's representative "went to Beijing". For details, please see ("Xingbang Property Special Auction" announced cancellation: sudden change, how can it not make the public question? )。 In addition, I heard that some local fund-raisers have to pay "activity funds" ... Before being investigated, Xingbang Technology Company was once "the leading enterprise of agricultural industrialization in Anhui Province", "the top private enterprise in Anhui Province 100" and "the outstanding enterprise in China"; The "model of prospering the country" has been fully affirmed by the leaders of local, Anhui and central ministries and commissions; Party newspapers at all levels, such as People's Daily, and many authoritative news media in the central government often make positive reports on it regularly! Wu Shangli himself was honored as "advanced individual with outstanding contribution to health service in China" and "national outstanding entrepreneur". ! It is precisely because Xingbang and its business leaders have so many "titles" and "awards" that the activities of "Xingbang fund-raising fraud" have finally flooded the country, and the deceived people have been wave after wave! ! ! For details, please refer to the serial case of Xingbang: it is purely a contradiction among the people, which must be ascertained to ensure social stability! ! ! On the issue of "debt-to-equity swap" in Xingbang, the author, like the majority of netizens, is really a little confused and inconvenient to comment. However, the author noticed that as early as more than 20 days ago, the relevant legal workers had made a clear statement on this matter and pointed out sharply that "debt-to-equity swap is another scam!" Before the press release, the author specially communicated with lawyer Li Changbin who expressed this opinion. With the consent of lawyer Li, I decided to reprint the full text here for the reference of fund raisers, and at the same time, please pay attention to it from all walks of life! Debt-to-equity swap-another scam of Anhui Xingbang Technology Co., Ltd. Debt-to-equity swap is usually to convert the creditor's rights of others into equity when the enterprise is insolvent and unable to repay its debts. In other words, I can't pay you back, so I let you run this company. Anhui Bozhou Xingbang Technology Co., Ltd., under the banner of "agricultural industrialization", defrauded billions of funds from fund-raisers all over the country, including a large number of deceived people in five districts, counties and cities under the jurisdiction of Guang 'an City, with amounts ranging from tens of thousands to hundreds of thousands and millions. On June 5438+065438+ 10, 2008, more than 0 executives of the company 10 were criminally detained by the public security organs on suspicion of illegally absorbing public deposits. At present, there is no conclusion. No matter how the case is finally convicted and sentenced, one thing is certain: the fundraiser's money will not come back. There is a simple reason. Some insiders of Xingbang Company came forward to ask the fund raiser to "convert debt into equity"! What does debt-to-equity swap mean? The Company Law stipulates that the property of a company as a legal person is independent of the personal property of shareholders, and the capital contribution of shareholders is not allowed to be recovered. When you are a fundraiser, the company owes you money; Once the debt is converted into equity, you become a shareholder of the company, and the company will never owe you money again. Once the previous billions of debts were converted into shares, they were written off. In this way, Anhui Xingbang Technology Co., Ltd. naturally walked out of the predicament of being asked for debts by the majority of fund-raisers, and both the company executives and former shareholders would get out immediately-no debt! What about the fundraiser's money? Then ask yourself! Because you are a shareholder and the company is yours, who else do you want money from? ! The so-called Shangyuan Industrial Co., Ltd., which recently established Anhui Xingbang Technology Company through debt-to-equity swap, can operate for a period of time and declare bankruptcy. By that time, fund-raisers now have no way to start with money. I know that the majority of fund-raisers are now overwhelmed, knowing that debt-to-equity swap is a trap, so they have to jump in. I say this to tell fund raisers not to have any illusions about debt-to-equity swaps and forget about the lost money-it's fate! There are still opportunities to make a fortune in the future. I hope the ending is beyond my expectation.