Shanxi Changzhi Prosecutors Apply to Confiscate Assets of "Red Notice" Tian Wenjun, Court Accepts Case

Shanxi Changzhi Prosecutors Apply to Confiscate Assets of "Red Notice" Tian Wenjun, Court Accepts Case

The Intermediate People's Court of Changzhi City, Shanxi Province, issued a notice stating that the procuratorate has applied to confiscate the illegal gains of Tian Wenjun and Hao Jiangbo, who are suspected of financial fraud. The court has accepted the case.

According to the notice, the Changzhi City Procuratorate has applied to confiscate the illegal gains of Tian Wenjun and Hao Jiangbo. The Changzhi City Intermediate People's Court has accepted the case and issued a notice to inform relatives and other interested parties that they can apply to participate in the lawsuit.

The notice mentions that after the Shanxi Changzhi Public Security Bureau filed a case for investigation, Tian Wenjun and Hao Jiangbo absconded. On January 5, 2021, the International Criminal Police Organization issued a red notice for Tian Wenjun and Hao Jiangbo, who have not been able to appear in court to this day.

It is understood that the procedure for confiscating illegal gains in cases where the suspect or defendant has absconded or died is a special procedure, which is stipulated in Article 298 of the Criminal Procedure Law. This provision was added after the amendment of the Criminal Procedure Law in

1. In January 2017, the Supreme People's Court and the Supreme People's Procuratorate issued a judicial interpretation on the application of this procedure.

The Changzhi City Intermediate People's Court stated that after examination, it is believed that there is evidence to prove that the suspect Tian Wenjun committed loan fraud and that the suspect Hao Jiangbo committed the crime of defrauding loans.

According to public information, Tian Wenjun, born in 1973, is the former actual controller of the "De Yu System". He started his business by engaging in agriculture and grain and oil trading.

Some financial media have explained in their reports that the "De Yu System" refers to the collective name of several affiliated companies controlled by Shanxi businessman Tian Wenjun, because the earliest main company was named De Tian Yu Ecological Technology (Beijing) Co., Ltd., and was dubbed the "De Yu System" by the market.

The case of Tian Wenjun has caused a huge shock in the financial circle of Shanxi. The website of the Central Commission for Discipline Inspection and the National Supervision Commission released a TV special program "Forever Blowing the Charge" in 2023, which exposed a corruption case in the local financial field of Shanxi Province. The fourth episode "Forever on the Road" revealed that the launch of the anti-corruption storm in the local financial field originated from the financial risk events triggered by the illegal enterprise "De Yu System".

The special program mentions that in 2017, the "De Yu System" was found to have long-term illegal fundraising, and its funding chain was broken, resulting in significant financial risks. In the process of forming the debt risk of the "De Yu System", almost every link had corrupt elements and illegal businesspeople colluding with each other. Among them, more than 20 public officials from several rural credit cooperatives and city commercial banks received money and goods from the "De Yu System", with a total amount of over 200 million yuan, including several "top leaders".

The notice issued by the Changzhi City Intermediate People's Court this time states that the application for confiscation of illegal gains submitted by the Changzhi City Procuratorate states that since April 2006, a financial fraud group led by Tian Wenjun has set up multiple companies, and through fabricated purchase and sale transactions, fake purchase and sale contracts, financial data, audit reports, and forged company and enterprise seals, they have continuously defrauded multiple financial institutions of huge amounts of money for a long time. At the same time, they have organized and implemented other related crimes. Among them, the suspect Tian Wenjun is suspected of loan fraud, and the suspect Hao Jiangbo is suspected of defrauding loans.

The notice mentions that the criminal activities of the criminal group have caused huge losses to financial institutions, seriously undermining financial management and market economic order. From April 2006 to the time of the incident, the criminal group defrauded loans and bill acceptance totaling 24.956 billion yuan, with an unpaid principal of 3.142 billion yuan. The illegal gains were used to pay channel fees of 717 million yuan, purchase listed company stocks of 947 million yuan, bribe bank staff with hundreds of millions of yuan, lend to others 450 million yuan, and gamble, squander, and transfer money abroad.

The Changzhi City Procuratorate believes that since the suspects Tian Wenjun and Hao Jiangbo have been absconding for a year and have not been able to appear in court, the facts of the crime are clear, the evidence is true and sufficient, and their illegal gains and other involved property should be confiscated. According to Article 298 of the Criminal Procedure Law, an application for confiscation of illegal gains has been filed.

The author notes that the date of the notice is October 24,

1. The Changzhi City Intermediate People's Court stated that the notice period is six months, during which the relatives and other interested parties of the suspects Tian Wenjun and Hao Jiangbo can apply to participate in the lawsuit in writing or authorize a litigation agent to participate in the lawsuit. Currently, the notice period has expired for more than three months.

The Changzhi City Intermediate People's Court also made public the list of properties for which the prosecution has applied for confiscation. The list includes real estate in Beijing and Shanxi, bank accounts in the name of Tian Wenjun and his wife, relevant debts, bank equity, and multiple luxury cars, as well as land under the company's name.

Finally, the author emphasizes that this article is only for observing judicial cases and discussing real problems, and has no malicious intent.

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Original Information

Original Title: Involving 249.5 Billion! Shanxi Changzhi Prosecutors Apply to Confiscate Assets of "Red Notice" Tian Wenjun, Court Accepts Case

Source: WeChat public account "Langhua Media"