The suspect, Li Mou, and so on, more than 50 people, first set up companies, using software illegally engaged in OTC distribution activities to make profits more than 200 yuan. Shanghai police came to the rescue and found that Lee team had illegally rented multiple securities accounts, and had 3 stocks in the stands, earning 200 million yuan.
According to media reports, last week, Shanghai Police disclosed a compound case of illegal operation of OTC capital allocation, manipulation of the securities market and bribery of non-state workers. According to the reporter of first finance and economics, the "Li Mou" disclosed by Shanghai police is Li yuezong, the allocation banker exclusively reported by first finance and economics a year ago (see the report that Li yuezong, the exclusive virtual disk boss, is controlled or related to Rendong Holdings Co.Ltd(002647) ).
On December 10, 2020, China First Finance reported that Li yuezong, a capital tycoon engaged in OTC capital allocation and virtual disk trading, has been controlled by Pudong police, and Li yuezong is likely to be highly related to Rendong Holdings Co.Ltd(002647) (002647. SZ).
Previously, according to the reporter's investigation, at the end of 2020, a number of "Zhuang stocks" led by Rendong Holdings Co.Ltd(002647) fell, including Dalian Shengya (600593. SH), Rendong Holdings Co.Ltd(002647) , Changzhou Langbo Sealing Technology Co.Ltd(603655) (603655. SH), and Shanghai Kinlita Chemical Co.Ltd(300225) (300225. SZ), with the deep participation of Li yuezong behind them.
I don't think it's enough to allocate funds and profits. I personally "go to the sea" to take charge
According to the Shanghai police, in December 2020, when the police in Shanghai Pudong investigated a fraud case, they found that the suspect Lee also had a criminal act of setting up a company to attract investors and illegally engage in off-site activities.
Through the introduction of friends and mass advertising messages on chat software, Li wantonly solicited investors, illegally provided securities capital allocation services with leverage ranging from 3 to 10 times, and charged capital allocation interest ranging from 1.1% to 1.6% per month and handling fees ranging from 0.03% to 10% per transaction. As of the crime, a total of illegal profits of more than 2 million yuan.
Gradually, Li was not satisfied with the illegal benefits brought by the handling fees of OTC capital allocation services, and came up with the idea of using securities accounts to manipulate the securities market for profit by relying on capital and shareholding advantages.
Li instructed Qiu, the manager of the company, to set up a trading team of more than 10 people, rent multiple houses in Shanghai, rent more than 500 securities accounts from others, use more than 70 computers, successively concentrate capital advantages and shareholding advantages to buy and sell three stocks in a row, create the illusion of huge trading volume of the three stocks, induce investors to enter the market for investment, and thus raise the stock trading price. During this period, the book floating profit of Li Gang exceeded 200 million yuan.
At present, the Shanghai police have transferred more than 50 suspects, such as Li, to the suspect in the crime of manipulation of the securities market and the crime of illegal operation. They have been transferred to the procuratorial organ for examination and prosecution according to law. Yang has been transferred to the procuratorial organ for examination and prosecution in accordance with the law.
According to the first financial reporter, Li yuezong is a "post-85", and the scale of his control fund may reach several billion yuan.
"In the capital allocation industry, the asset scale controlled by Li yuezong is relatively large." According to people familiar with the matter. In addition, Li yuezong also has some industrial assets, such as nightclubs and other assets.
Two products of Yijia Capital Management Co., Ltd., which he controls, appeared in the list of Changzhou Langbo Sealing Technology Co.Ltd(603655) and Shanghai Kinlita Chemical Co.Ltd(300225) top ten shareholders in the third quarter of 2020.
According to informed sources, in addition to Yijia capital, Li yuezong also has a platform company - Shanghai Meichun Asset Management Co., Ltd. (hereinafter referred to as "Meichun assets"), which is Li yuezong's sole proprietorship.
It is worth noting that there is another detail in the Shanghai police notice: in order to reduce the overall stock flow and achieve the purpose of manipulating the market with less funds, Li and others also met Yang, the manager of an asset management product, through others' introduction, and bought Yang's securities account of asset management products controlled by taking advantage of his position by paying a benefit fee of more than 1.9 million yuan, Bought and held more than 673000 shares of a stock, totaling 30 million yuan, to help Li lock in the stock.
In July 2020, the share price of Changzhou Langbo Sealing Technology Co.Ltd(603655) started from 29 yuan and rose to 68 yuan on the eve of the crash on November 27, 2020. The share price of Shanghai Kinlita Chemical Co.Ltd(300225) also basically copied the trend of Changzhou Langbo Sealing Technology Co.Ltd(603655) . Its share price started from about 6.5 yuan at the end of June, up to nearly 25 yuan before the crash. It rose nearly three times in less than five months.
According to people familiar with the matter, after Li yuezong was controlled, the capital market immediately responded, "I know the news, and the capital allocation boss was arrested", Changzhou Langbo Sealing Technology Co.Ltd(603655) and Shanghai Kinlita Chemical Co.Ltd(300225) shares fell 62% and 50% respectively in just a dozen trading days. Shanghai Kinlita Chemical Co.Ltd(300225) the actual controller Liu Shaolin was controlled by the police for "contract fraud" shortly after Li was controlled.
At present, the Shanghai police have transferred more than 50 suspects, such as Li, to the suspect in the crime of manipulation of the securities market and the crime of illegal operation. They have been transferred to the procuratorial organ for examination and prosecution according to law. Yang has been transferred to the procuratorial organ for examination and prosecution in accordance with the law.
At the end of 2020, according to the exclusive report of the first financial reporter, in addition to Li yuezong, well-known capital allocation companies such as Zhejiang Heyu Holding Co., Ltd. and Zhejiang plural Holding Co., Ltd. were checked, and some of their business scale exceeded 10 billion.
