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Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

author:Gentleman of Linghu Lake

On the evening of April 23, 2015, when Dai Xuemin and several buddies were pushing cups to change cups and fists and drink, a friend at the same table suddenly exclaimed: "Xuemin, you are on the red list!" ”

The original noisy hotel private room suddenly became quiet, and everyone looked at each other, and the scene was extremely embarrassing. It turned out that these friends of Dai Xuemin had watched him freely enter and leave the country in recent years and did not know that he was a fugitive.

Dai Xuemin left the hotel in despair and returned to his residence in Hefei. He knew that this time he had nowhere to escape, and he tossed and turned all night, and the past like smoke played back in his mind like a movie.

01

Dai Xuemin is the first college student after the resumption of the college entrance examination, the year he graduated from a well-known university, it is the time when all walks of life need talents, he took advantage of the east wind of the situation, his career went all the way, less than 40 years old, he was elected to the level of department and department, and served as the director of a ministry.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

Later, he was transferred to the China Economic Development Trust and Investment Corporation ("CEB"), where he served as vice president of treasury bonds, securities and futures, and general manager of his Shanghai sales department.

Dai Xuemin is flexible, thoughtful and bold. In the general managership, he made a lot of money by virtue of his position, and in 1994, he invested in Belize, allowing a family of three to obtain the nationality of this country. He chose Belize because it was a small country on the east coast of Central America, unobtrusive, and did not have diplomatic relations with us.

That is to say, as early as 1994, he had quietly found a way out for himself, which showed that this person's old scheming and boldness, and even bold enough to know the law and break the law.

At that time, the mainland's securities market was still in its infancy and exploration stage, and the law was not perfect, so Dai Xuemin took advantage of the loopholes in the law and took advantage of the opportunity to fish in muddy waters.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

As an official who has stayed in the ministry, Dai Xuemin has unique conditions for understanding internal policy news.

Relying on this advantage, coupled with boldness and meticulousness, he made great profits in the securities market.

The "327 Treasury Bond Incident" of February 23, 1995 is proof of this.

"327" is a 3-year Treasury futures code issued in 1992. Due to the fact that in October 1994, Chinese Bank adjusted and increased the interest rate of fixed deposits with a maturity of more than 3 years, and restored the deposit hedging subsidy. Therefore, the interest rate of the three-year Treasury bill will also be subsidized by hedging. However, there is uncertainty about the discount rate, which provides space for speculation on Treasury futures.

On February 23, 1995, the relevant departments announced that the "327" treasury bond would be redeemed at 148.50 yuan, and the original price had fluctuated between 147.80 yuan and 148.30 yuan.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

Before that, in the securities market, under the command of Dai Xuemin, CEI did a lot of long with the help of internal information, and some securities companies also followed him to do more.

On the other hand, Wanguo Securities did not know this news, was not optimistic about the treasury bonds, and chose to go short.

As a result, when the news of the redemption amount of the "327" treasury bonds was announced on the 23rd, with the help of favorable results, as soon as the market opened on the same day, the treasury bonds in the period rose by 3.77 yuan per product within 10 minutes. In this way, the short-selling Wanguo Securities will lose all its money.

In order to reduce losses, starting at 4 p.m., Wanguo Securities sold and suppressed the "327" treasury bonds in its hands, and finally closed at 147.40 yuan per product. In this way, Wanguo Securities turned a loss into a profit.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

However, in the evening, the securities regulatory authorities declared that the smashing behavior of Wanguo in the afternoon was illegal, and all the "327" treasury bonds trading after 4:22:13 p.m. on the same day were invalid.

As a result, Wanguo Securities lost 5.6 billion yuan on this day, which directly led to its bankruptcy and was later merged into Shenyin Wanguo Securities.

CEI kai won a big victory in this thrilling long-short game, and Dai Xuemin and his gang of buddies made a lot of money. Dai Xuemin became famous in the First World War, and was therefore known in the industry as the "Tyrant of the Zhongjingkai Generation".

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

At this time, Dai Xuemin was calling the wind and rain in the securities industry, and every day someone invited him to ask him for tips on stock speculation and debt speculation. He is active in major luxury hotels and golf courses in Shanghai, living a luxurious and comfortable life.

02

But what I didn't expect was that the accident would come so quickly.

One evening at the end of 1995, Dai Xuemin, who was on a business trip to Beijing, went to the Beijing Continental Hotel for a banquet at the invitation of a friend. After pushing the cup and changing the cup, he left the table early because he had to rush back to Nanjing at night.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

He had just walked out of the hotel, and a masked man rushed from the side of the hotel, and a knife was fired at his stomach, and he subconsciously cried out, "Oops, help", and the masked man fled in a hurry. At this time, the hotel doorman ran to the sound, only to see him crouching on the ground with his hands covering his stomach, blood flowing.

The hotel side wanted to call the police and call an ambulance, and he stopped it, saying that it was a little conflict with friends, and let the hotel use the car to take him to the nearby hospital to bandage it.

So the hotel sent him to the emergency department of a nearby hospital. The doctor said he had injured his liver and that if he hadn't been a little hunched over, he would have been killed.

Subsequently, the doctor asked him to be hospitalized for observation, but Dai Xuemin insisted that the problem was not big, and when the doctor finished bandaging the wound, he left the hospital.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

Instead of reporting the crime, he asked the hotel car to take him to the airport. That night, he flew out of Beijing for Nanjing. Since then, while recuperating in Nanjing, he has been the behind-the-scenes conductor of CEB, and at the same time invested in the operation of Nanjing Fuxiang Real Estate Development Co., Ltd.

After this incident, he became low-key and no longer frequented high-end hotels, but this did not affect his pace of collecting money.

After all, the paper package could not hold the fire, and Dai Xuemin used his position to pay bribes, embezzle public funds and other criminal acts, which were quickly detected by the relevant departments.

In April 2001, the jiangsu provincial procuratorate conducted an investigation into Nanjing Fuxiang Real Estate Company, which was invested by Dai Xuemin. After hearing the sound of the wind, Dai Xuemin, who had a ghost in his heart, did not dare to take it lightly, and he made preparations for absconding in a hurry.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

He had obtained the Hong Kong Pass early in the name of travel, and secretly planned that if the wind was tight, he planned to take Hong Kong and flee to the United States. Then arrange for his wife and children to travel to Belize on a travel visa to find him in the United States.

The reason why he was not in a hurry to leave was, on the one hand, he wanted to explore the truth again, and on the other hand, he wanted to use the relationship of his classmates to find a job in the United States to get a work visa in the United States. In this way, he can apply for U.S. immigration with a work visa.

But everything came too quickly, and in the process of waiting for a U.S. visa, the Nanjing Municipal Procuratorate filed a case against Dai Xuemin for suspected embezzlement of more than 33 million yuan.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

Without delay, Dai Absconded to Hong Kong in early August. After arriving in Hong Kong, he was afraid of being tracked down, so he only made a short stay before switching to South Korea and then from South Korea to the United States.

When he arrived in the United States, he went to work for the company that his classmates helped him contact. He didn't speak English well, and he could only start at the grassroots level in the company, and his income was not high, but for the sake of immigration, he had to endure.

Soon after, he filed an immigration petition in the hope of obtaining asylum as a U.S. citizen.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

However, the USCIS found that his proposed position in the new company in the United States was quite different from that of the domestic company, and it suspected his true intentions to immigrate. As a result, his immigration application failed.

Dai Xuemin saw that immigration to the United States was unsuccessful, and his mood was very low. He did not dare to stay in the United States for long, and soon moved to Belize. It was a small country, and it didn't fit his yearning for an ideal paradise abroad.

So he decided to leave the country and obtain a British visa as a Citizen of Belize, under the pseudonym "Joffrey Day".

In October 2001, he arrived in London, England. Not long after, his wife and children also signed a trip abroad and transferred to Belize, arriving in England with a Belize passport.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

03

On this way of fleeing, Dai Xuemin was worried, and he was cautious everywhere he went, not only worried about being exposed and arrested, but also worried about the involvement of his wife and children at home because of his escape.

Now that the family is reunited, he is glad he can finally get away with it, and he is satisfied with his foresight. But the good times did not last long, and before the family could celebrate, their dreams were shattered by the harsh reality.

They all left the country on a travel visa, they were not allowed to bring too much cash, and their domestic accounts had been blocked. The family has been traveling to several countries for more than two months, and the money has been spent almost as much.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

To save money, they had to rent a house on the outskirts of London. Immediately after, faced with problems such as children going to school and large daily expenses, Dai Xuemin's happy mood when he first came to London had long disappeared, and he had to look around for work.

This big man in the domestic securities industry turned his hand to the clouds and turned his hands into rain, and it was not easy to find a data analysis errand in a small securities company in London, and his income was very low.

Later, because of his poor English, he worked very hard, and he spent a lot of time every day consulting the English dictionary to solve the language barrier. The economic trend data he analyzed with great effort could not be approved by his superiors.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

At the same time, he could not integrate into his colleagues, and every day after work, he had to obediently drive a second-hand car back to his home in the suburbs. After a tiring day, he was exhausted, and he still couldn't get his wife's booing greetings to warm his good looks.

Think about them in the past in China, the family hired a nanny to help, the son went to an aristocratic school, the wife worked idle, the salary was not low, and the clothes they wore were not brand-name.

I thought that my life would be better when I went abroad, but I didn't expect that now I would have to be careful about buying vegetables.

Not only that, there was no good school near their residence, and his wife was worried about it, and she nagged in front of Dai Xuemin every day, and he was unable to solve it, and he was upset. The two had quarreled several times over their son's schooling.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

On this day, as soon as he came home, his wife was nagging again, blaming him for causing these troubles, causing her and her son to live a hard life in this ghost place.

Dai Xuemin was already very unhappy in the unit during the day, and now his wife was mentioning the old things again, he was very bored, after a big quarrel between the two, his wife proposed that she did not want to stay in Britain, insisted on divorce, and took her son away.

Dai Xuemin knew that his wife had already made up her mind when she said such a thing. He tried everything to save it, but he was powerless to return to heaven. Now he had to accept his fate and accept it bitterly. As soon as the divorce was completed, the ex-wife left the UK with her son.

Looking at the empty rental house after his wife and children left, Dai Xuemin's heart seemed to be dug up, empty. He wanted to cry without tears, and he regretted his previous greed. But what's the use of regret, he can't go back.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

For a long time after his wife and children left, he lived like a walking dead, feeling that life was boring, often wandering at work, and the data analysis report of the securities company could not be delivered on time. Sometimes, even if you make it, you are often disciplined because of mistakes.

He couldn't stay in the securities company, so he had to quit his job and find another job.

04

This time he just wanted to apply for a job that wasn't highly skilled and could support himself. Before long, he applied for the position of library materials sorter, and in addition to rent, his monthly salary could only take care of his own food and clothing.

During the day, he went to the library to sort out the books, but after work, he felt lonely, no friend invitation, and came home alone.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

Thinking about the days of domestic hugging, he was extremely sad. Especially during the festive season, he is unaccompanied, and he feels extremely lonely, and he misses his family and relatives and friends in China very much, and misses his son who is not around.

Having experienced the bitterness and loneliness of wandering life abroad, Dai Xuemin's desire to sneak back to China became increasingly strong.

In 2009, Dai Xuemin thought about going abroad for 8 years, people are estimated to have forgotten him, not to mention that he is no longer a Chinese citizen Dai Xuemin, but the British Joffrey Dai, and now there should be no danger in returning to China with a British identity.

With a fluke mentality, he nervously took a British passport and sneaked back to China for the first time in June 2009 as a tourist visa. This time, he only dared to see his parents and siblings, and did not dare to disturb other relatives and friends. After less than a month at home, he hurried back to England.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

With this experience, he seemed to have tasted the sweetness and felt that the risk was not great. Therefore, after this, he returned home from England many times to visit his relatives, and his courage became more and more bold.

The days of coming home to his parents made him feel comfortable and warm.

In October 2014, when he returned to China again, he found that his parents' health was not as good as before, and he thought that he was floating like a rootless duckweed outside, and he never wanted to return to the UK. Therefore, he lived with his parents in his hometown of Mengcheng.

His parents and relatives and friends in his hometown did not know the reason why he went abroad, and thought that he went abroad for better development, and now that he knew that he had returned, his classmates often invited him to get together.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

Moreover, with the help of his classmates in Hefei, he found a place to stay in the Hefei Haydn Mansion Community, which was convenient for walking back and forth between his hometown and Hefei. He seems to be back to the old days, as soon as he arrives in Hefei, his old classmates will party and drink together, and the days will be at ease.

However, in 2015, the central anti-corruption department launched the "Skynet Operation". On April 22, the list of "100 Red Notices" was officially released, and Dai Xuemin was listed among them.

So there is a scene at the beginning of the article.

That night, he was eating with a group of friends at a hotel in Hefei, and at the wine table, a message popped up on the mobile phone of one of his classmates and took it out to see that it was the list of "100 red notices", of which Dai Xuemin was the 90th.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

He was drinking with a classmate, and when he heard his classmate say that he was on the red notice list, his heart was pounding, and a table of people was suddenly silent, the atmosphere was extremely awkward, and everyone did not eat and dispersed.

Dai Xuemin did not sleep all night this night, his heart was extremely contradictory, escape, thinking of these years of wandering career, he no longer had the courage to escape; tie his hands and grab it, it seems that he is unwilling, and feels that the escape of the previous ten years has been in vain.

Just when he was thinking about countermeasures, at 2 p.m. on April 25, the knock on the door that had been waiting for many years finally sounded.

He opened the door, did not make any resistance, and tied his hands. He knew that this day would come sooner or later, but he did not expect it to come so soon. That night, Dai Xuemin was escorted back to Nanjing.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

It turned out that the day after the list was released, the Shanghai Entry-Exit Management Center found a man with a British passport who was highly similar to Dai Xuemin during the investigation. After the relevant departments received the news, they immediately notified Jiangsu Province and Shanghai to cooperate in the battle, and everyone quickly found out that Dai Xuemin had sneaked back to his hometown in Anhui. As a result, the three provinces and cities of Shanghai, Jiangsu and Anhui united and cooperated closely with multiple departments to block Dai Xuemin's escape path.

Write at the end:

Skynet was restored, and Dai Xuemin was eventually sentenced to 6 years in prison.

Now he is serving his sentence honestly in prison, repenting of his sins. Looking back, he regretted both his greed and his escape.

If it were not for greed, his annual salary as a general manager for more than 20 years would be considerable, and he would now retire normally and enjoy the happiness of the world. But now not only is his wife separated, but he is still unable to escape prison after many years of exile.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

If the embezzlement of public funds was exposed at that time, he did not choose to flee, but accepted the trial and was at ease with reform. Now he has long since become a man again, and will not suffer in foreign countries and waste 14 years of life in vain.

He also confessed that even if he is now serving a sentence, he does not regret returning to China, because a person living alone in a foreign country is too difficult to endure, and it is really better to live than to die.

Sadly, people are often like this, they don't know how to cherish when they have it, they know regret when they lose it, and it is too late to regret it. At the beginning, he was in a high position of power, but he did not use the power entrusted by the people to seek the interests of the masses and contribute to social and economic development, but for his own selfish interests, insatiable greed, and went to the abyss of evil.

Embezzled 33 million yuan of public funds, fled overseas for 14 years, was sentenced to 6 years in prison, Dai Xuemin: no regrets returning to China

For the incorruptible, it is a crutch to realize the ideals of life; for the greedy, it is undoubtedly a sword for self-destruction. Dai Xuemin's life was ruined by his infinite greed for money.

As the old saying goes, a gentleman loves money, has a way to get it, and uses it beneficially and with moderation. I hope that The story of Dai Xuemin can give people a warning, let us remember that people can not be greedy at any time.