Illegal absorption of public deposits tens of millions of dollars LED lamp boss was arrested

Jiangxi County of Wuning province investment LED lighting company boss pays some bait of illegally absorbing public deposits 11 million 580 thousand yuan to high interest, capital chain after escaping. Recently, Jiangxi County, Wuning Procuratorate on suspicion of illegal deposits from the public to approve the arrest of a crime.

The 46 year old Fumou Department of Jiangxi Dean, a soldier in the factory, after the business, accumulated original capital, also known LED energy-saving lighting industry personnel, started offering LED energy saving lighting company. In 2011 August, a Jiangxi investment pay by Wuning county to the County Industrial Park opened a LED energy-saving lighting company, invested in the production of LED series of lighting products, pay a pre invested more than 600 yuan to buy industrial land, registered company, and build four factory buildings and company administration building, staff dormitory, due to pay a special fund is not itself strong, requires a lot of capital turnover, leading after the establishment of the company, no funds for production and operation, a large number of orders can not be delivered on time, serious impact on production and company reputation.

In order to make the enterprises can operate normally, get rid of the plight, Fumou Xu in 2 to 5 of the deposit interest rates to rob Peter to pay Paul to the public Lanchu, has to talk to a Chen and more than 10 victims to absorb funds amounted to 11 million 580 thousand yuan, the absorption of funds divided by the company for a small part of the business are pay a high pay interest set of dead.

After the Spring Festival in 2014, pay a no way to raise funds, creditors continuously door-to-door debt. Cornered Fumou, simply walk away fled the field, after being arrested by the police in Zhejiang.

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