Stock market Black Mouth Wang Jianzhong changed by arrests for surveillance live
Source: Internet
Author: User
On suspicion of manipulating the market crime by Beijing prosecutors formally arrested the "stock market Black Mouth" Wang Jianzhong, at present, the prosecution has changed the coercive measures, in a guesthouse in Beijing is being monitored. According to the investigation of the former SFC, Beijing's premiere legal representative, Wang Jianzhong, used the Beijing premiere and its personal influence in the consulting industry to recommend stock to the public, Through the "First to buy securities, then to the public to recommend, and then sell securities," the manipulation of the city is often statistics, its January 2007 to May 2008, trading operations 55 times, trading 38 stocks or warrants, the cumulative net profit of more than 125 million yuan. November 21, 2008, the China Securities Regulatory Commission informed the Beijing Premiere and its legal representative Wang Jianzhong market case, decided to withdraw Beijing's first-place Securities investment advisory Business qualification, Wang Jianzhong confiscated the illegal income of 125 million yuan, the same amount of fines, and its adoption of lifelong securities market ban measures, at the same time, the transfer of judicial organs to investigate criminal responsibility. This is the first time the SFC has made billions of dollars in fines for the securities market.
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