She can be said to be an epic director in the business world, she only spent more than 2 million to act in a play, plus two radish chapters, and "earned" 10 billion from it, and then she obtained 30 billion funds by virtue of one scene after another, she is Luo Jing, one of the "business Mulan", the founder of Chengxing Group.
But the money was not earned by her, but by fraud, which not only pushed herself into prison, but also saddled JD.com, as a partner, with huge debts.
How did she go from a business woman to a 10 billion fraudster? Why did Jingdong fall from the sky? In this issue, the founder of Ziya Children's Fun Observation will take you into the story of Luo Jing, the director of the 10 billion scam.
After completing the capital accumulation, he entered the capital circle
In 1971, Luo Jing was born in Hong Kong, born with great ambitions, coupled with a strong business atmosphere in Hong Kong, after graduating from the Hong Kong University of Science and Technology, Luo Jing founded Chengxing International, the main business is marketing planning, Luo Jing became the chairman of the group, and also has the identity of a Hong Kong businessman.
In the eighties and nineties of the last century, Hong Kong, with its prosperous economic development, was a well-known international city, and many foreign-funded enterprises would rely on the help of Hong Kong businessmen when entering the Chinese market, so the identity of Hong Kong businessmen in that era was more popular.
Luo Jing took a fancy to this opportunity, and her goal standards are very high, and the target groups are all world-famous companies, such as Pepsi, Procter & Gamble and other Fortune 500 companies.
Because they do not understand the Chinese market, these companies will look for suitable sales channels and methods in China when they enter the Chinese market, and Luo Jing is the one who undertook the cooperation for the promotion plan of these enterprises.
Through several years of hard work, Luo Jing accumulated some funds and opened the company abroad, and the business scope also covered foreign countries.
In 2006, Luo Jing won the qualification of NBA China cooperation and became an exclusive domestic licensed company with NBA.
Through this NBA's IP licensing, Chengxing's business continues to expand, and Luo Jing has seen the dividends of this industry, and has successively won the domestic IP authorization of Doraemon, Cat and Mouse, Kung Fu Panda, Transformers and many other anime images.
Just in time for the implementation of credit cards in China at that time, Luo Jing joined forces with major banks to print these animation images on credit cards and made a lot of money from them.
In 2015, Luo Jing, who was dissatisfied with the IP dividend, began to enter the capital world and played capital operation. First of all, it spent less than 80 million yuan in Singapore to win a listed company in Singapore and changed its name to Chengxing Health.
After returning to Hong Kong, Luo Jing won more than 500 million shares of the listed company Hong Kong Yida International with a capital of 20 million yuan, and changed its name to Chengxing International Holdings.
Two years later, Luo Jing won the actual control of Boxin shares at a premium of more than 70%, and since then Luo Jing has held three listed companies with billions of yuan.
However, if these listed companies want to realize their interests, they need to rely on sales and industry to realize profits, so from this on, Luo Jing began to plan a shocking conspiracy.
Holding three listed companies and business all over the world, such a strong woman in the business world naturally integrates into her circle, Mulan Hui, a high-end women's club in the business world, Dong Mingzhu, Zhang Lan, Du Juan, etc. are all in the club.
Because of this, Luo Jing got acquainted with Wang Jingbo, the founder of Noah Fortune, who later became the "resentful girlfriend". Luo Jing, who wants to become bigger and stronger, has her eyes on Noah's wealth, which manages money for the rich, and then staged a good show of backstabbing her best friend.
Two turnip chapters defrauded 30 billion
At that time, Luo Jing's Chengxing Group and Suning, Jingdong, etc. had sales cooperation, that is, Chengxing sold the purchased goods on the platform of the two companies, and stipulated a sales cycle to settle the accounts.
Receivables can go to banks or financial institutions for financing loans, that is to say, the larger the receivables, the more financing they can get, so Luo Jing wants to do something from it.
However, the bank's audit is very strict, and the various review processes are rigorous and cumbersome, in order to avoid unnecessary trouble, Luo Jing started with private financial institutions, that is, the Noah Wealth of her good friend Wang Jingbo.
But for Jingdong and Suning, such a thing is not beneficial to them, and they will definitely not be involved in this matter, so Luo Jing can only rely on herself.
Luo Jing carved two carrot chapters by herself, one for Suning and one for Jingdong, so Luo Jing made a large amount of receivables and went to Noah for financing.
As a financial institution, no matter how big or small the financing is, it needs to be backadjusted, so before getting the news that Noah's people went to the two companies to backtrack, Luo Jing made arrangements and waited for the fish to take the bait.
She first arranged for her sister Luo Lan and others to use fake documents and identities to infiltrate the two companies, and then pretended to be a staff member to receive Noah's backdroppers.
Before entering the meeting room, Luo Jing's people fooled Noah's personnel in the corridor and at the dinner table, of course, to make a trap.
Knowing what needs to be investigated, Luo Jing did not hesitate to spend a lot of money to falsify the accounting companies of the two companies, and prepared a full set of service platforms, databases and accounts.
After a set of operations, Noah's people were stunned for a while, and they were led by the nose, and finally Luo Jing successfully passed this level, and the rest was simple.
After the background adjustment, a written confirmation, that is, a correspondence, is required, which needs to be signed by the project leaders of the two companies.
Of course, the correspondence could not be delivered to the project leaders of the two companies, so Luo Jing sent someone to intercept the express delivery of the correspondence first, stamped it with a fake seal, and then sent it back.
And this huge amount of financing, as well as the flawless backtone, made Noah's financial director have a little concern, but the director did not find his boss Wang Jingbo, but found Luo Jing.
Therefore, Luo Jing took out another 2 million to bribe Noah's financial director, and successfully obtained more than 10 billion financing, and this good show tailored for good girlfriends came to a perfect end.
After this, Luo Jing's courage became more and more emboldened, and she defrauded more than 30 billion from many financial institutions such as Xiangcai Securities and Yunnan Trust.
The East Window incident happened, and Jingdong became the backstabber
Luo Jing originally planned to use the money to speculate on the stock price in her hand, use the money earned to pay back the more than 30 billion, and then wash her hands and go back to continue to run a serious business, but the sky did not fulfill people's wishes.
In 2018, the net profit of Boxin shares was negative more than 50 million, and the stock price fell all the way, coupled with the interest of more than 300 private loans, and soon Chengxing Group could not make ends meet.
Coupled with the lack of follow-up financing supply, the entire group was paralyzed, and in order to get out of the predicament, Luo Jing thought of Wang Jingbo again.
In 2019, Luo Jing found Wang Jingbo to sue her own predicament, hoping that Wang Jingbo could help her issue billions of bonds to help her.
But this made Wang Jingbo suspicious, and after sending Luo Jing away, Wang Jingbo called the police backhandedly, and Luo Jing was arrested in Wang Jingbo's office when he came to find Wang Jingbo again.
Immediately afterwards, Noah's 3.5 billion fraud case of stepping on Lei Chengxing surfaced, and as soon as the case came out, it shocked the capital circle and attracted the attention of the society and the country.
In the follow-up investigation, Luo Jing's fraud amounted to more than 30 billion, and Chengxing lost 8.8 billion, so Luo Jing was sentenced to life imprisonment.
Chengxing has no money to repay the debt, and if Noah is allowed to cover the 3.5 billion, Wang Jingbo will not be able to afford to pay even if he sticks to his entire net worth, but Noah's investors will definitely find Noah to recover the 3.5 billion. Therefore, Noah put this pot on Jingdong's head.
As early as 2022, during the preliminary trial of Luo Jing's case, Yunyong Trust, which was also managed by Yunnan Trust, sued Suning and other parties involved in the court, but none of them received legal support.
Noah, who was pursued by investors this year, took JD.com to court again, and JD.com became the back-bearer. Some insiders analyzed that if Noah wants to win the lawsuit, he needs strong evidence to prove that JD.com's relevant personnel participated in Luo Jing's fraud case, but from the perspective of before and after the incident, JD.com is also the injured party, and Noah's debt collection is not optimistic.
Luo Jing's case also shows us that the business world is surging, shopping malls are like battlefields, and investors are brave warriors, rather than becoming cannon fodder for business wars.