Zhao Hailong, the former president of Chinese Finance, has been arrested

According to a number of media reports, Zhao Hailong, who originally served as an executive in Chinese Finance, was recently officially arrested by the Public Security Bureau of Zhaoqing City, Guangdong Province. Zhao Hailong was criminally detained in Zhaoqing City in October 2019 for bribery.

This is not the first time that Zhao Hailong has been criminally detained, since 2018, Zhao Hailong has been detained many times for being involved in the case, but he has escaped responsibility for "release on guarantee pending trial", what "high-ranking people" he has received help from behind the scenes? According to the investigation, Chen Zetong, a veteran background, and Chaoshan businessmen Yao Jialong and Xie Yumin have made great contributions, and Chen Zetong is now a well-known lawyer and a judge before.

Zhao Hailong was formerly the executive president of Shenzhen Qianhai Huaren Financial Holding Group, and also the president of Shenzhen Chaoren Investment Group and Chaoshang Zhifu Investment Group, but was later removed from Qianhai Huaren Financial Holdings for suspected misappropriation of funds.

"Tall people" help each other

In the second half of 2018, Zhao Hailong, then president of Chinese Finance, was taken away by the relevant departments, and after investigation, it was confirmed that Zhao Hailong was suspected of embezzling platform funds without authorization and setting up investment projects in the name of Zhao Hailong, while the money went into the pockets of Zhao Hailong himself, his son Zhao Dongpeng and Yao Jianhong, and Zhao Hailong spent 30 million yuan to buy the mansions and shops in Xilongwan, Bao'an District, under the name of his daughter Zhao Dongyan, and transferred some of the platform funds to xie yumin and Liu Hechao's company. In the end, a large number of projects are just empty shells and unreal, and the embezzled investment funds have never been returned.

According to media reports, after Zhao Hailong was detained, he spent a lot of money entrusting former judges with senior backgrounds Chen Zetong, lawyer Ma Chiyu and Li Jing of Guangzhou Qinsen Law Firm to make suggestions and suggestions to tide over the difficulties.

In June 2019, Zhao Hailong was criminally detained by the Economic Investigation Bureau in Shenzhen for fraud. After Zhao Hailong was detained again, he repeated his skills and assigned Chen Zetong, who was experienced in "fishing people", to run around lobbying, and let Yao Jianhong, Cheng Yi, and Zhao Yu be responsible for raising money, and to find people at any cost, and to do their best not to be imprisoned.

After 37 days of detention, Chen Zetong and Yao Jialong successfully rescued Zhao Hailong again in the form of "release on guarantee pending further investigation" through a strong network of connections and 5 million yuan in cash.

In October 2019, Zhao Hailong was again criminally detained in Zhaoqing City for bribery. It is reported that the evidence of Zhao Hailong's bribery crime this time is conclusive, so he was arrested, the legal net was restored without leakage, and Zhao Hailong, a routine loan and bribery criminal, has caused tens of thousands of property losses on many occasions, and only by bringing him to justice can he demonstrate the fairness and justice of a society ruled by law.

Involved in a number of cases

The most widely reported by domestic authoritative media is that Zhao Hailong colluded with Chen Jing (a wanted criminal) of the former Shenzhen Optoelectronic Industry Group to defraud more than 100 creditors: Chen Jing, a legal person of the optoelectronic industry company, signed a financing agreement with Shenzhen MEDAF and Tamiflu Technology Company in 2014, using the optoelectronic company to provide 600 million yuan of loans for the latter, but the optoelectronic company found that it did not have enough money, chen Jing in order to raise this fund to about 200 creditors to sell part of the claims of the optoelectronic company, The creditors originally thought that it was only a short-term financial investment, and it was not until these years that they realized that they were involved in a big trap: in June 2018, Shenzhen Optoelectronic Industry Company was convicted of illegally absorbing public deposits and raising funds for fraud, and at least 89 victims reported the case to the Shenzhen Bao'an District Economic Investigation Brigade, which was approved by the audit unit entrusted by the investigation, and the amount involved exceeded 1 billion yuan, and the person in charge Chen Jing had already absconded.

Chen Jing conspired with Zhao Hailong, former Dongguan officials Liu Hechao, Xie Yumin, Yao Jianhong, lawyer Cheng Yi, Zhao Yu, former judge Chen Zetong, and others to use the illegal fund-raising of optoelectronic companies to issue usurious loans, and invested creditors' money into the Shenzhen Maidafee Fuyong Project, Dongguan Lianhua Real Madrid Town Project, Apple Community Project, Dongguan Haihua Commercial and Residential Area Project, Hefei Baili Intercontinental Hotel Project, Shenzhen Dali Garden Project, and then squeezed out the value of the project, and then transferred the company's claims at a very low price, causing the creditors to suffer huge losses.

In 2014, Chen Jing, a legal person of the optoelectronic company, transferred the 300 million yuan worth of debt agreements between Shenzhen Optoelectronics Company, Duffy Technology Company and Medaffi Company to Zhao Hailong and Xie Yumin (representing Liu Hechao), who had long been engaged in "routine loans", at a low price of 100 million yuan, while Zhao Hailong and Xie Yumin actually only paid 30 million yuan and made a net profit of 270 million yuan, which was the hard-earned money of creditors.

Around 2016, Zhao Hailong, together with the developer of Dali Garden Community in Bao'an District, Shenzhen Duffy Real Estate Company controlled by Xie Yumin and Liu Hechao, forcibly demolished nearly 40 houses in 1 building and 23 buildings in Dali Garden Community in order to obtain land financing. Since then, because Duffy Real Estate Company has no money to pay more than 66 million yuan for the demolition, the owners of several other buildings have no longer agreed to the demolition. Now the owners of 1 and 23 buildings are homeless and can only live in the Dalí Garden. In the process of demolition at that time, there were many mass incidents, which almost caused tragic cases. But Zhao Hailong ignored it, in order to collect land for financing as soon as possible, hired social people to harass the old owners and the households that were forcibly demolished every day, and told them "don't cause trouble", "Zhao always has a way to get you", "We know a lot of capable people". Sure enough, the old owners have reported many times since then, but they have not been heeded, and they have returned without success.

From April to September 2017, Dongguan Haihua Commercial and Residential Construction Co., Ltd., a real estate development company funded by Zhao Hailong and Chen Jing and operated by Liu Hechao and Xie Yumin, refused to repay loans in lawsuits such as (2017) Yue 1971 No. 2366, (2017) Yue 1971 No. 4780, and (2017) Yue 1971 No. 5088, which was enforced by the First People's Court of Dongguan City and listed by the Supreme People's Court as a serious untrustworthy company. And evaded taxes and owed up to 6.6 million yuan in land use tax.

In June 2018, at the trial site of the Guangdong Provincial Higher People's Court, where the Optoelectronic Industry Group was one of the defendants, in the trial of the (2017) Yue Min Chu No. 1 case, Zhao Hailong, his sons Zhao Dongpeng, Yao Jianhong, Liu Hechao, and Xie Yumin, who were also defendants, sent a large number of idle social personnel to sit in the courtroom of the provincial high court and verbally threaten and insult the plaintiff's representatives and lawyers, and tried to influence the trial judges, and the trial scene was very tense. After several trials, Zhao Hailong and Xie Yumin claimed that they spent 30 million yuan to open up all links, and those who fought with him would lose.

Liu Hechao, a former Dongguan official, even claimed to have dealt with the Dongguan discipline department, changed his Hong Kong household registration and retired from the party, claiming to be an "extralegal person" and that no one and the law in Dongguan could restrain him.

In January 2019, Duffy Real Estate Company controlled by Liu Hechao and Xie Yumin was enforced by the Futian District People's Court of Shenzhen City for refusing to perform the contract of 66.258 million yuan (case number: (2018) Yue 0304 Zhi 41773), and the court took away and detained its corporate legal person Liu Hanquan (Liu Hechao's agent). Only 2 months later, Duffy Real Estate Company was again forced by the Shenzhen Intermediate People's Court due to a broken capital chain and insolvency (Case No.: (2019) Yue 03 Zhi Hou No. 220).

In 2019, Zhao Hailong once again joined forces with Chen Jing, Liu Hechao, Xie Yumin, Yao Jianhong, and "routine loan lawyers" Cheng Yi, Zhao Yu and Chen Zetong to carry out false lawsuits in the Guangdong Provincial Higher People's Court (2017) Yue Min Chu No. 1 case and the (2019) Yue Min Zhong No. 1777 case. Zhao Hailong and Xie Yumin paid the fugitive Chen Jing a million yuan to make false evidence and contracts for maliciously seizing the plaintiff's equity, and then their lawyers Cheng Yi, Chen Zetong, and Zhao Yu made false statements in court to deceive the judge, and their purpose was to block the plaintiff's financing repayment through false litigation and other "routine loans" means, and then encroach on the core assets of the "Fuyong Project" worth tens of billions of yuan by Shenzhen MEDAF Investment Company, which should have belonged to Shenzhen Optoelectronic creditors. Chen Jing then mentioned the false lawsuit in a false financing contract with a price of 2.8 billion yuan, and the case of the false litigation crime is being investigated and tried by the Shenzhen Municipal Public Security Bureau.