On Thursday, a jury in the U.S. District Court for the Southern District of Florida unanimously found that Shi jianxiang was charged with two counts of fraud and misuse of a U.S. nonimmigrant visa. Shi Jianxiang was arrested in Las Vegas last October and is currently detained in Miami, Florida.
Shi Jianxiang's black and white life
1
Shi Jianxiang, a native of Chongming Island, Shanghai. In 1995, 31-year-old Shi Jianxiang went to sea to do business with 40,000 yuan of savings. It is said that his first pot of gold was earned after obtaining the agency rights of Occidental Petroleum corporation in East China. In 1999, Shi Jianxiang merged with the insolvent state-owned enterprise Shanghai Kuailu Wire and Cable Co., Ltd., and since then has entered the fast lane of development. A few years later, the Kuailu Group came into being and became the base camp of the Shi Jianxiang family and the Kuailu family.
In 2009, Shi Jianxiang established Donghongqiao Microfinance Company and set up a career in the financial field. Since then, he has established more than a dozen similar financial companies. With the rapid expansion of its business territory, Kuailu has three Hong Kong listed companies and one mainland listed company, covering investment and wealth management, film and television production and distribution. Shi Jianxiang became a financial tycoon and a film and television tycoon.
From left: Zhen Zidan, Shi Jianxiang, Boxer Tyson
In 2015, Shi Jianxiang invested more than 100 million yuan to buy 55% of the box office revenue rights of the movie "Ip Man 3" in mainland China, and linked the box office of "Ip Man 3" to the stock price of Ten Square Holdings. Ten Party Holdings is a Hong Kong listed company under the Kuailu family and the controlling shareholder of the mainland issuer of Ip Man 3. The financing platforms under the Kuailu Department take the box office revenue of "Ip Man 3" as the investment target, and carry out financial financing in the form of crowdfunding and P2P, forming a so-called "Internet + finance + movie" business operation model. At that time, many people thought it was a financial innovation, but later realized that this was illegal fundraising.
On March 4, 2016, "Ip Man 3" was released in the mainland. Due to serious box office fraud, the State Administration of Radio, Film and Television investigated and punished "Ip Man 3". Since then, the financing platforms under the Kuailu system have experienced a redemption crisis. On April 5, 2016, one month after the box office fraud was exposed, Shi Jianxiang resigned as chairman of the board of directors of Kuailu Group and chairman of the board of directors of Shifang Holdings. But by this time Shi Jianxiang had fled to the United States.
In September 2016, Kuailu Group was filed by the Shanghai police, involving an amount of 43.4 billion yuan, causing 15.2 billion yuan of investment losses to 40,000 investors. In January 2019, the Shanghai Municipal First Intermediate People's Court pronounced a first-instance judgment on the "Kuailu" fund-raising fraud case, and 15 people were sentenced, two of whom were sentenced to life imprisonment, and the other 13 people were sentenced to prison terms ranging from 15 to 9 years. But the main culprit, Shi Jianxiang, went unpunished.
2
In June 2016, Shi Jianxiang entered Canada from the United States and soon registered his marriage with a post-80s woman from Shanghai. In September of the same year, Shi Jianxiang submitted an immigration application for spouse reunification to the Canadian Immigration Department to obtain legal residency. Shi Jianxiang's emotional life has always been relished by netizens who eat melons. He is said to have four lovers, and his children born out of wedlock are at least several, and some are said to be in double digits.
Five years later, the Red Notice is still hanging on the Interpol website
In February 2017, Interpol issued a Red Notice and wanted Shi Jianxiang worldwide. Perhaps hearing some wind noise, Shi Jianxiang decided to return to the United States. He has lived in Los Angeles ever since. On June 6, 2018, the Central Anti-Corruption Coordination Group's Office of International Fugitive Recovery released a fugitive list, and Shi Jianxiang was the No. 31 wanted criminal.
Shi Jianxiang, who has been invisible for more than two years, did the opposite and began to show his face. He first gave an exclusive interview to a person in the domestic legal profession, trying to whitewash himself, and then tried his best to promote the release of "The Great Bombardment" in the United States. Shi Jianxiang is the film's chief producer. In 2020, Shi Jianxiang posted a photo of him with then US President Trump on his self-media, which means that he is very self-respecting. Shi is said to have donated money to a political action committee linked to Trump.
In the United States these years, Shi Jianxiang has not forgotten to make money. In addition to investing in a hollywood film and television company, he founded a network company called "Fight to Fame" in 2019, issued digital cryptocurrencies, and launched the so-called "blockchain + movie + sports model" business operation model. When he was arrested last October, Shi jianxiang was attending a cryptocurrency investment conference in Las Vegas.
3
After his arrest, Shi Jianxiang appeared in court by video on October 28 last year. According to the trial records published on the official website of the US federal court, Shi Jianxiang gave up his identity hearing and asked for bail, but was rejected by Magistrate Caram Ferenbach. Judge Ferenbach held that Shi Jianxiang had the possibility of escaping.
Before being arrested, Shi Jianxiang was still showing off online
Prosecutors accuse Shi of fraudulently obtaining two nonimmigrant visas. On both occasions, Shi Jianxiang stated that he had no citizenship from other countries except for the nationality of the Federation of China and Saint Kitts and Nevis. In February 2017, Shi Jianxiang entered the United States using his Marshall Islands travel documents under the pseudonym Long Niu. In fact, Shi Jianxiang has the nationality of the Marshall Islands. The Marshall Islands are located in Oceania, and the Federation of Saint Kitts and Nevis is located in the Caribbean region of Central America. The passports of these two countries should have been bought by Shi Jianxiang. That is to say, Shi Jianxiang was already ready to run.
On Thursday, August 4, 2022, a jury in a federal district court unanimously found that Shi Jianxiang's two counts of fraud and abuse of U.S. nonimmigrant visas were convicted, which will be followed by the presiding judge's sentencing. According to people familiar with U.S. criminal justice, Mr. Shi will face up to 10 years in prison and a fine of up to $250,000. A mainstream media outlet in the United States even said that assistant prosecutor William Zlock is currently dealing with the confiscation of Shi Jianxiang's assets.
Shi Jianxiang can appeal. If he does not appeal, he will serve his sentence in the United States. Xiao Tao judged that Shi Jianxiang's sentence should not be too long. But after serving his sentence, he will be deported.
A few days ago, China announced eight countermeasures against the United States, including suspending Sino-US cooperation in the repatriation of illegal immigrants and suspending Sino-US cooperation in criminal justice assistance. If these two measures are still effective at the end of Shi Jianxiang's sentence, there may be uncertainty as to whether Shi Jianxiang will be repatriated to China, but the Chinese government's work of chasing after stolen goods should not stop, and its determination to pursue and pursue him to the end should not change. That is to say, Shi Jianxiang's return to China should be sooner or later.
(Xiao Tao original.) The image comes from the Internet, except as indicated. Reprinting is strictly prohibited, and the embezzler will be prosecuted! ）