Liu Xuming’s personal experience

Facts of the case

One of the victims, Liu Wei (pseudonym), claimed to be an accountant at a business hotel in Shenmu County. In early May 2011, she met Liu Xuming while having dinner with her friends. "He He said that he bought a large-scale open-pit coal mine called Shitoushan Coal Mine in Alxa Left Banner, Inner Mongolia, for 1.1 billion, and said that we could invest in it together and receive dividends in the future." Liu Wei inquired and learned that Liu Xuming was a wealthy man and had strong financial resources. He was doing business in Wuhai. "Many of my friends have invested in it. Liu Xuming said that Liu Yin'e, one of the four richest women in Shenmu, has also invested in it." All these big bosses were involved, and I didn’t think much about raising money to invest in the company.” In the end, Liu Wei and her eight friends raised 34 million yuan together, of which 20 million yuan was put into Liu Xuming's name in Liu Wei's name, and the other 14 million yuan was put into Liu Xuming's name through another boss.

More than a year later, Liu Wei did not wait for the news of dividends, so she called Liu Xuming. The other party always said that some procedures were being processed and they would have to wait. In the winter of 2012, Liu Wei and several investors went to the "12-square-kilometer open-pit coal mine in Alxa Left Banner" to check out, and found "a desolate area, like a wilderness, with nothing." At this time, Liu Xuming stopped answering their calls and did not reply to their text messages. Investors suspected that they had been cheated.

Share investors learned through relevant departments that the copies of business licenses Liu Xuming had previously produced were all forgeries. In December 2012, Liu Wei and several investors went to the Shenmu County Public Security Bureau to report the crime, and learned that someone had already reported the crime.

The amount involved

It is understood that on November 22, 2012, the Shenmu police filed a case against Gao Yanqi for reporting the crime. Since Liu Xuming could not be found, the police listed him as a fugitive online. But on November 30, Liu Yin'e, one of the four richest women in Shenmu County, came forward to bail Liu Xuming pending trial, canceling his escape. Later, because the police could not find him when handling the case, they listed him as an Internet fugitive again on February 4, 2013. Liu Xuming was detained by the police on March 13 and arrested by the Shenmu County Procuratorate on April 18.

Evidence such as the original share purchase note in this case shows that six investors invested 363 million yuan in shares under Liu Xuming’s name, and one of them invested 220 million yuan, “accounting for 20% of the total share of the coal mine.”

On June 5, 2013, the Shenmu County Public Security Bureau issued a notice on local television, stating that Liu Xuming’s suspected fund-raising fraud case had entered the prosecution stage. “Victims who have not reported the case must report it before June 20, 2013.” Report the case to the task force of the Shenmu County Public Security Bureau. Failure to do so will be deemed as a waiver of rights." The son of the director of the County People’s Congress invested 60 million

According to insiders, on November 20, 2012, Gao Yanqi, the son of Gao Chongfei, the director of the Shenmu County People’s Congress, reported to the police because he invested 60 million in Liu Xuming but could not get any dividends. Report the crime.

The "Registration Form for Accepting Criminal Cases" numbered Shengong Jingshouzi [2012] 1041 shows that Gao Yanqi reported the case to the Economic Crime Investigation Brigade of the Shenmu County Public Security Bureau and said that in early April 2012, he After being introduced to Liu Xuming by a friend, Liu Xuming said that he had a coal mine in Alxa Left Banner, called Shitoushan Coal Mine, and that production would start in May of that year. He asked him if he wanted to take a stake. Gao Yanzhi checked the coal mine After obtaining copies of the license, mining license, production safety license, tax registration certificate, business license and organization code certificate, they reached an agreement with Liu to invest 100 million yuan in shares. Subsequently, Gao Yanqi paid 60 million yuan to Liu Xuming in four installments. Because he still couldn't get his dividends, Gao Yanqi called the police.

The economic investigation captain Shang Dengju instructed the preliminary investigation, and the result was that "after preliminary investigation, the conditions for filing the case were met, and with the approval of the bureau leadership, the case was investigated for contract fraud."

Gao Yanqi told reporters that the 60 million yuan has not yet been recovered, adding that part of the investment was borrowed from friends and part was obtained through small loans.

Shenmu Death Police Involved in the Case

On January 23, 2013, Zhang Ying, a political instructor of the Domestic Security Brigade of the Shenmu County Public Security Bureau, died. The body was found in Shenmu County, Shenmu County. In a ditch in Shenghuogou Village, Zhenhuo.

At that time, media reports stated that "During the recent credit crisis that has swept Shenmu, Zhang Ying lent at least 10 million yuan." Zhang Ying's wife confirmed to a Beijing Times reporter that Zhang Ying had lent 7 million yuan to Liu Xuming and invested 10 million yuan in Liu Xuming's name through others. She revealed that the police have not yet given the cause of Zhang Ying's death. "His work unit has given us part of the money, and the matter is still being processed."