Sun Feng’s triggering incident

The illegal fund-raising case in Jiangyin surfaced

On March 6 this year, the Wuxi Municipal Public Security Bureau criminally charged Wu Eden, a Singaporean employee of Standard Chartered Bank in China, with "suspected of harboring and covering up". Detained, it is very likely that she provided some assistance to Sun Feng, who holds a Singapore passport, for his capital escape.

It is also worth mentioning that a company named Jiangyin Tianhua Technology Co., Ltd. (hereinafter referred to as "Tianhua Technology") suddenly "collapsed" a few days before Sun Feng fled, and its shadow control Feng Sirong has been controlled by Jiangyin police on suspicion of illegal fund-raising.

The ensuing collapse of Tianhua Technology and Sun Feng’s flight are connected by the names of Longsha Village Party Committee Secretary Zhao Jidi and former Bank of China Huashi Town Office Head Zhao Rufeng. It is reported that Zhao Rufeng, who has worked in the banking system, is the middleman who lends money to the two, while Zhao Jidi is the largest "lender" behind it.

The reporter learned from people close to the Jiangyin police that "Zhao Jidi told the Jiangyin police that she lent 98 million yuan to Sun Feng and Tianhua Technology." This statement has not been confirmed by Zhao Jidi herself. confirmed.

Most of them are private loan sharks

Sun Feng’s case alarmed the main leaders of Jiangyin local government, worried about whether huge amounts of public funds were involved. However, it was later verified that the more than 126 million yuan involved in his escape was basically a loan from local bosses and enterprises in Jiangyin based on his status as "president", and no Agricultural Bank of China depositors' funds or government funds were involved. Among them, the biggest victim was Zhao Jidi, the former village secretary of Longsha Village in Jiangyin City.

On December 28, 2011, Sun Feng traveled to Thailand without the organization’s approval and never returned. It wasn't until the Jiangyin police filed a case that Sun Feng's colleagues learned that he had "fleeed". His "flight" directly involved the disappearance of 200 million yuan in loan shark funds.

Sun Feng is about 40 years old. He has been immersed in the financial system for 10 years. He is very skilled in business. He has extensive connections in the Jiangyin business community and controls a large number of customer resources.

Although he hid it cleverly in front of his colleagues, Sun Feng was well prepared for his escape. "In late December last year, Xia Yaqin resigned, very suddenly." Xia Yaqin's former leader said. Xia Yaqin is Sun Feng's wife. She previously held an administrative position in a large clothing company in Jiangyin City. In addition to Xia Yaqin, his parents, his daughter in elementary school and his son in kindergarten all went abroad together. Before fleeing, Sun Feng's house in Jiangyin was also mortgaged.

Zhou Wenjing, the new president of the Fortress Branch of Jiangyin Agricultural Bank of China, said that Sun Feng fled with money. The funds were not depositors' funds of the Agricultural Bank of China, but private loans raised by him personally. "Lenders only value Sun Feng's reputation as 'president.'"

Jiangyin police claimed that the amount of Sun's escape was less than 200 million yuan, but in Jiangyin, the common saying is, Throughout the entire illegal fund-raising process, Sun Feng controlled as much as 300 million yuan in funds.