Before he could finish speaking, Gu Fan continued, "In the Xue Jingnian and Xuerun Group case that shocked the nation at the beginning of this year, Xue Jingnian was sentenced to 12 years in prison for three crimes, including insider trading, illegal business operations, and bribery. However, our investigation has revealed that there are other hidden circumstances."
"Firstly, the crime of insider trading. In 2008, during the asset swap and equity restructuring between Pengheng Company and Xuerun, which was controlled by Xue Jingnian, Xue Jingnian is suspected of using inside information to instruct others to set up private stock accounts to buy Pengheng shares. This happened twice. In fact, between May and June, Xue Jingnian only bought 8 million shares, with a transaction amount of 80 million yuan and a book profit of 4 million yuan; the second time is the key, which is the acquisition in August, which directly led to the surge in Pengheng's stock price."
“Mr. Xue,” Gu Fan approached Xue Jingnian with a respectful expression, “what is your planned amount for the second acquisition in August?”
Xue Jingnian looked at the judge and respectfully replied, "In a previous interview, I mentioned that I don't really understand these capital-related matters, so I've left them to Hua Yin and the think tank. As for the amount, it's about the same as the first time. This is also safer."
Gu Fan paced back and forth in front of the courtroom: "But in fact, Hua Yin had a huge appetite. He used Xue Jingnian's name to acquire more than 100 million shares of Pengheng stock, with a transaction amount exceeding 2 billion and a book profit of 500 million. The main operation of this series of events was carried out by..." He returned to the first witness, Feng Zhong, "Feng Zhong finished. Your Honor, I request new physical evidence."
At this moment, Hua Yin's usually calm eyes finally stirred with a stormy sea.
Feng Zhong completely stood on the opposite side of him and exposed his past.
The evidence goes far beyond what Zhao Jiequn found; it also includes every account and every transaction that Feng Zhong personally oversaw.
Gu Fan continued to present evidence. "Xue Jingnian, who was enjoying a period of great success in the capital market, was blinded by his current glory. In 2009, at Hua Yin's urging, he gambled overseas. The result, as you can imagine, was that he lost nearly 800 million yuan. The Xue family and the Hua family had shares in each other, so Xue Jingnian made Hua Yin repay the gambling debts. Hua Yin bypassed the trading venues designated by the State Administration of Foreign Exchange and used a company listed on the Shenzhen Stock Exchange to privately purchase foreign currency through underground banks. This confirmed Xue Jingnian's crime of illegal business operations."
"Regarding Xue Jingnian's charge, the existing evidence is sufficient to prove that he did not engage in off-exchange currency exchange. After he transferred the money to the relevant account in Shenzhen, his repayment of gambling debts was completed. The fact that the illegal currency exchange agency received the debt on behalf of the casino in Shenzhen is equivalent to the casino having already repaid the gambling debts. Even if Hua Yin engaged in off-exchange currency exchange, Xue Jingnian himself did not engage in off-exchange currency exchange, so it does not constitute the crime of illegal business operations. This charge should be committed by Hua Yin."
Gu Fan presented Hua Yin's criminal evidence one after another, catching Wu Lu completely off guard.
“Feng Zhong, why did you only release this evidence today?” Lawyer Wu asked.
Feng Zhong looked at Hua Yin and said, “President Hua has been kind to me, and I have no choice but to accept this punishment. President Hua promised to take care of my wife and children and give them the best, but he is cold-hearted. If he treats his own benefactor Xue Jingnian this way, what about me, who is just a subordinate? So I am becoming a witness in the hope that the law will give me a lenient sentence and that I can return to my wife and children as soon as possible.”
"You're talking nonsense!" Hua Yin suddenly panicked, pointing at Feng Zhong's nose and cursing, "Your Honor, Feng Zhong's words don't count. He was originally a frustrated college student, and I gave him a bright future. I promoted and supported him. It was me. I provided him with advisors. He is the mastermind behind all of this."
The judge slammed his gavel. "Silence. No noise is permitted in the courtroom."
Xue Jingnian snorted, "What goes around comes around. Hua Yin, although you're my driver, I've always considered you a good brother. We started a business together and worked hard together. My daughter enjoys everything, and your daughter has everything too. I was blinded and infatuated back then, but you did all this behind my back. Ask yourself, do you think you've lived up to our years of friendship?"
"What affection? I'm just a tool you boss around, someone you can humiliate and berate. When you're happy, I get promoted; when you're unhappy, I fall to the bottom. Why should I? I'm going to go out on my own, and you still have to interfere," Hua Yin tearfully accused.
The audience watched as the two former business tycoons traded barbs, a truly exciting sight.
Xue Qiandai looked at Huo Yunchao, then at Zhao Jiequn behind him, her gratitude overflowing.
Zhao Jiequn was stunned, feeling that everything he had done was worthwhile.
Huo Meiren turned Xue Qiandai back and whispered in her ear, "I'll repay your favor later. Don't associate with him anymore, okay?"
The last syllable rises, carrying a hint of coquettishness.
So crispy.
Xue Qiandai nodded, agreeing with whatever the beauty said.
The judge adjourned the court during halftime.
Three hours later, the court reconvened and delivered its verdict.
"After deliberation by the jury, Hua Yin was found guilty on all four counts and sentenced to 22 years in prison, a fine of 2 billion yuan, and confiscation of 800 million yuan in assets. Xue Jingnian's sentence was reduced to 5 years in prison. Feng Zhong was sentenced to 10 years in prison. Court adjourned."
The Hua Family Mansion collapsed from that moment on.
It's nowhere near as good as the snowy scenery of yesteryear.
The judge and jury left their seats, and the audience left. Xue Jingnian passed by the audience and looked at Xue Qiandai with immense tenderness. Her daughter seemed to have grown up overnight. Moreover, Xue Jingnian knew the person beside her—a rising entrepreneur who looked very much like Xue Jingnian when he was young.
Xue Jingnian mouthed, "My daughter is in your hands now."
Huo Yunchao replied with lips, "I will definitely take good care of her, cherish her more than my own life."
Hua Yin didn't look at his daughter. He had already said what he needed to say, and it would be futile now.
Xue Jingnian, Hua Yin, and Feng Zhong were all taken away.
Suddenly, a loud shout rang out. Yuan Mu was supporting Hua Se, who was clutching her stomach, her face deathly pale. "Se Se, Se Se, be strong. I'm calling an ambulance." His fingers trembled as he pulled out his phone, but hesitated for a long time before dialing.
Upon seeing this, Jian Yan dialed 120 and said without any expression, "At the Capital High Court, someone appears to have suffered a miscarriage."
"Thank you... thank you," Yuan Mu said gratefully.
"You're the one who miscarried! My baby is perfectly fine." Hua Se's eyes were full of malice as she cursed Jian Yan, "You'll miscarry and never give birth to a healthy baby."
Qin Shu grasped Jian Yan's hand and snorted, "The most venomous heart is a scorpion. You have the face of a venomous beauty, but has your heart become as vicious as a scorpion? It's none of your business how she is. The road to bankruptcy for the heiress is still long."
Having vented their anger, Qin Shu and Jian Yan left.
Su Qianhui walked over, her eyebrows dancing with excitement, her international face vividly displayed. "This gentleman, Mr. Yuan, you should make sure you know who the father of the child in her belly is, lest you end up taking the blame for someone else for no reason."
Hua Seqi's breathing became heavier, and her eyes seemed to spit fire.
“Miss Su, you should take care of your own child,” Yuan Mu retorted.
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