Contractors for the promise of high interest educa

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promise to lend money at high interest rates
2006 onwards, Ming-Dong Li Yichun City, innovation and technology to take over the school, two years of high interest as bait has to borrow a total of 38.83 million yuan and 23, and ultimately lead to more than 1,000 students are forced to transfer more than 80 faculty members Workers pay talks nowhere, the school was closed down and a series of closed chain reaction.
court, the prosecutor read out Li Mingdong addition to the indictment, but also permits the use of multimedia display mode, the public security organ of the inquiry transcripts scanned photographs, visual display of the Li Mingdong illegal deposits from the public in two years evidence of multi-objective behavior group.

(Text in both parties a pseudonym)


to hide debt collection
2008 年 2 months of the day, Li Mingdong by friends, engaged in greening projects to know the local boss of Wu Wei, raised by 20 million, two months after the promised return of 22 million.
it goes back to early 2006.
Schools and the disqualification of the


back a penny of principal, the two fell out once. For more strangers creditors, Li Mingdong select Bierbuxian, desperation, creditors holding the official seal stamped IOU innovative school blocked the school doors to the City Board of Education, the municipal government petition.





Li Mingdong some people have so much to see here, the school guarantees that he must not run, she decided to lend money to Ming-Dong Li. Li Mingdong promised monthly interest rate of 3 to 1 in the Cape, has been far higher than bank interest rates several times over the same period.

5 24, Yichun City Yuanzhou CPPCC Li Mingdong case of illegal deposits from the public in Yichun City Court trial.




caused the audience to note that the ##############, this 49-year-old secondary school principals, their work experience and education is not completely detached.





hearing.
and even more amazing is that in the attractive promises, the interest like a snowball snowball, as of October 2008 Li Mingdong incident, the accrued interest up to 1,000 million.

known under the Ming-Dong Li, still adopt a But lose the trust of the people of the Ming-Dong Li, there have come dunning creditors money, leading to capital chain rupture.


prosecutor, said that Li Mingdong 23 to the public promise not specific to high interest rates, the absorption behavior of 38.83 million yuan huge sums of money, is the disregard for and violation of financial order, so that many victims suffered huge economic losses,Nike Mercurial Vapor, constitutes a the crime of illegal deposits from the public, and the circumstances are especially serious, the request shall be severely punished in court.



2007, the innovative school enrollment reached 2,000. Then, access to Yichun City Board of Education awarded the Li Mingdong became the
innovation schools series of chain reaction. October 2008 to May 2009, the containment of the school gates for many creditors, resulting in the school can not be normal teaching, Yichun City Board of Education had to intervene in the matter.
school on

Shortly thereafter, Li Mingdong rush all million in interest to each other.
This is a been Previously, in accordance with normal procedures, county, district prosecution case Procuratorate, the general on the county, district court. Select the City Court hearing, the case is based on major and complicated case, involving a huge amount of money.
two years, strangers millionaire. These people can safely lend money to Ming-Dong Li, is again very attractive based on his lobbying.
District CPPCC members to carry 30 million fled

that time, innovation and technology school debt as high as 287 million. Li Mingdong

no experience in education building contractors Ming-Dong Li, transformed overnight into a school long. He believes education is a good investment projects, failed only because

events


prosecutor in the first group to show evidence in court, citing Li Mingdong 2006 to May 2008, has promised to 23 2% to 10% of the high interest rates attract capital 38.83 million yuan illegally. Among them, the highest sum of their comrades by a Ming-Dong Li, and up to 1200 million.


crazy move



is illegal deposits from the public

2009 年 5 months, Yichun City Board of Education to process the results: Innovation and Technology School decided to cancel school qualifications. Today, innovation and technology to school buildings have been borrowed Yuanzhou Sanyang secondary schools.

Yichun was founded in 1993, innovation and technology school, is a privately-run secondary schools. In 2001, the school moved north of the city of Yichun City Industrial Park, covering about 200 acres. In 2006, the building contractors Li Mingdong full of innovation and technology to take over the school and served as legal representative, to undertake all school debts, at the time only 200 students. Decline in the face of students decline, Li Mingdong that the hardware can not keep up due to the school to reverse the situation to be outside image, increase infrastructure investment.

Li Mingdong court case lasted nearly three hours, the court did not in court for sentencing.


court, Ming-Dong Li insisted that his anxious.
However, the court, the prosecution and the defense When defense counsel inquired about the Ming-Dong Li, Li pointed out that the exodus is not to hide debt, but the fear of being illegally detained, because he has the will and action repayment. His words, immediately stop the prosecutor in court, pointing out that there are induced by the nature of counsel. Later, in his pleadings, the defenders pointed out that high interest loan repayment Ming-Dong Li is a
to make the other believe that Li Mingdong issued a sheet of paper with Two months later, about to get Wu Wei as 22 million, Ming-Dong Li,
and some October 2008, Li Mingdong 30 million to bring the secret to flee. October 9, 2009, Ming-Dong Li Yichun choose to return to the public security authorities to surrender.




contractors school on high-interest loans when the principal vortex trap for trial 24 alleged illegal deposits from the public
bow.
prosecution and the defense battle