Chapter 280 The Seventh Court 6



As Qin Suisui continued her analysis, Pang Yi's expression changed repeatedly.

However, having been a lawyer for so many years, he certainly knows what to say that will benefit him.

He pursed his lips and said, avoiding the main point.

“Lawyer Qin, what you’re saying is just your guess. In court, what matters is valid evidence, not baseless speculation.”

"Yes, Attorney Pang is absolutely right!"

Qin Suisui glanced back at the other person, then turned to look at Chang Jinhui.

"Attorney Chang, bring me the second investigation report!"

"OK!"

Chang Jinhui picked up the investigation materials on the table, got up and walked to Qin Suisui's side.

Qin Suisui took the documents and took out a stack of documents from the file bag.

"Your Honor, this is the relevant information regarding Black Bear's direct involvement in the Shenzhen Stock Exchange. The content contains all the valid evidence regarding Black Bear's actions against Far East Shipping and the Huo Group's stock, which directly caused Far East Shipping and the Huo Group's stock to hit the daily limit down for five consecutive days from June 18th to June 22nd!"

"Please have the bailiffs bring it up!"

Judge Lou knew this was the climax, and his eyes never left the documents in Qin Suisui's hands.

Until the bailiff handed it to him.

After taking it, he eagerly opened it and quickly skimmed through the information he wanted to see.

He looked at the USB drive in the file folder.

"Qin law, what is this?"

"This is a video of the defendant Pang Yi meeting with Vincent, the legal counsel of Black Bear, on March 19, 2022, in the United States. The last page of the document contains transfer records between Cher, a staff member of Black Bear's finance department, and Pang Yi."

Judge Lou instructed the court clerk to play the surveillance video in court, which clearly recorded the intimate conversation between the two.

After reviewing the surveillance video and transaction records.

Judge Lou suppressed his anger and looked at Pang Yi with a somber expression.

"Defendant Pang Yi, what do you have to say in your defense?"

Pang Yi was pale and flustered. He knew that if Qin Suisui's accusations were accepted by the judge, he would face charges of securities fraud for the single charge of maliciously shorting stocks.

According to domestic laws, crimes involving malicious disruption of the securities market are generally punishable by five to seven years in prison.

Moreover, consider the consequences of this incident!

He couldn't afford to gamble on or lose those consequences.

He suppressed his panic and continued to defend himself.

"I have no comment on whether Black Bear manipulated the stock market!"

"As for the rest, I will defend myself."

"First, I worked and lived in the United States for six years and had been friends with Vincent of Black Bear for many years. Meeting him was a personal matter. I oppose the accusations and slanders against me by the plaintiff's lawyer."

"Secondly, as for Black Bear's Cher, this is the money he owes me!"

He knew his explanation was full of holes, and in order to survive, he had to insist on his innocence.

As long as he can hold on and insist that none of this has anything to do with him, the case will not involve Master Lin.

He figured he'd spend a few years in jail, and with Boss Lin pulling some strings for him, he'd be out soon.

Most importantly, there is no extradition treaty between China and the United States, so neither Vincent nor Cher has the right to be summoned by the Chinese police.

Without witnesses, as long as he stubbornly denies it, neither the police nor the judge can do anything about it.

Apart from the crime of suppressing the malicious sale of Huo's shares, the judge could not impose any other punishment on him.

Pang Yi's refusal to plead guilty sparked a flurry of discussion among the audience, who pointed and whispered, their expressions clearly showing their disgust.

The courtroom erupted in noise for a moment.

Seeing this, Judge Lou picked up his gavel and began to strike.

"Bang!"

"Quiet!"

He glanced coldly at the crowd below the courtroom, then looked at the bailiffs.

"If anyone still fails to follow courtroom etiquette, please leave the courtroom!"

"receive!"

The bailiff stood ramrod straight, his gaze toward the audience growing increasingly serious.

Judge Lou's warning finally silenced the audience.

As the court proceedings resumed, he looked at Pang Yi.

“Defendant Pang Yi, if you continue to refuse to truthfully confess your crimes, once the public security authorities verify the facts, the court will impose a heavier penalty on your crimes.”

"If you show a good attitude in admitting your guilt and also report others, you will receive lenient treatment under Articles 67 and 68 of my country's Criminal Law!"

"Defendant Pang Yi, please think carefully before you answer!"

"Your Honor, everything I said is true."

Pang Yi's face turned pale, but he still refused outright.

He had no way back; if he just held on, there might still be a way out.

If he were to admit it now, given his ruthlessness towards Lin Feng, he didn't know if he would even live to see tomorrow morning.

Judge Lou stared at Pang Yi for a while, and seeing that he was indeed unrepentant, she turned her gaze to Qin Suisui.

"Does the plaintiff's lawyer have anything to add?"

"Your Honor, I have some questions for the defendant, Pang Yi."

Qin Suisui stepped forward, bowed slightly, and turned to look at Pang Yi.

"Defendant Pang Yi, putting aside other matters for now, you have violated the criminal law in the case of stock manipulation in the Huo Group. According to Article 182 of the Criminal Law, you will be prosecuted for the crime of manipulating the securities and futures markets, with a minimum sentence of seven years imprisonment, confiscation of all illicit gains, and a fine!"

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