As a Lawyer, You Sent the Judge In? (Strong Wind And Thick Fog) - Chapter 518

 Chapter 518 Appeal! This case can be punished with ten death sentences!

 Bai Jun Law Firm.

 After learning more about the case with Jiang Wei and obtaining the entrustment power.

Su Bai and Li Xuezhen began to prepare how to use legal means to handle the case, how to satisfy the client’s claims and get back their principal.

ˆAccording to the information disclosed about Laihai Bank on the Internet, Laihai Bank has not been established for too long.

 The funds are not very strong.

 It can only be regarded as a general small local bank.

 Not even a city bank.

City banks are also endorsed by administrative departments. Small banks like this generally do not have much endorsement relationships.

This time Laihai Bank’s fund-raising is mainly concentrated on the online crowd, and the financial products of Laihai Bank are presented on the platform through a third-party platform.

 Attract investors and financial managers to buy with a large return on investment and high interest rates.

 It can be regarded as a cooperative relationship between a third-party platform and a bank.

ˆ It can be said that people who buy Laihai Bank’s financial products are from all over the country.

 As long as an appeal is made, then if the court accepts the case, you will basically win.

 So Su Bai wanted to know the specific situation of Laihai Bank.

  and referred the case to the tribunal.

 Internal treatment is cold treatment.

 If you don’t do anything with it, wouldn’t it just keep dragging on?

 Isn’t this what it means to wait until the investors have no hope for the money, and then the money will not be compensated?

 After winning the lawsuit, the next step can be to better recover investors’ financial funds.

 Internal digestion means that all losses will be borne by Laihai Bank itself? And Laihai Bank will pay the compensation itself?

The filing division of Shangdudong District Intermediate Court conducted a factual investigation into this case, confirmed the evidence and matters involved in the case, and had no objections to the appeal, so it agreed to the appeal.

  Why is there no explanation?

soon.…

 Suppress this matter and digest it internally?

  Or maybe.

 This case, due to the amount involved, the properties involved and the location of the bank, the appeal was heard by the Shangdu East District Intermediate Court.

 Li Xuezhen learned about the situation of Laihai Bank from Lao Li.

 But this time, Yu Wandong was very concerned about the financial dispute and ordered that no matter what related cases were involved in this case, he must go through it first.

 After Su Bai submitted an application for litigation regarding this case.

 Offline banking sites do not recognize financial products sold online at all.

 That is to say, the money is really gone.

Even now third-party platforms have closed the information on purchased financial products.

 The next plan now is to collect evidence and appeal.

 To confirm that the bank’s behavior is illegal and to recover the property lost by investors.

to be honest.

After learning the news, Su Bai frowned slightly.

 At the same time, the court issued subpoenas to all parties, and Laihai Bank also received subpoenas from the court.

In the past, when banks were unable to cash payments, many people came to Shangdu from all over the country and found the Laihai Bank offline site to ask how the matter should be handled.

 Ask them why the financial products purchased online cannot be redeemed.

 In any case, after learning the news, I had a concrete statement and a preliminary plan.

 In the office of the chairman of Laihai Bank, as the first-hand founder and chairman of Laihai Bank, Yu Wandong is not very concerned about ordinary banking disputes.

ˆThis has created a situation of purchasing financial products across regions.

At present, Jiang Wei and other investors have compiled evidence of correlation, and the evidence is relatively sufficient.

 Only when they purchase financial products offline can they find relevant information.

If they hadn’t preserved some evidence in advance, they might have been like headless flies in this case, not knowing what to do.

However, these people were treated coldly. The bank’s offline website only told the people who came to inquire. They are not aware of this matter at the moment because it was not a financial product purchased offline from them, so they are not responsible for this matter.

 This makes many investors feel very helpless.

The person in charge of Laihai Bank suppressed the matter through the superiors and decided to digest it internally.

 If this is really the case, why doesn’t Laihai Bank issue a public statement to appease investors?

It’s just that Lao Li didn’t know much about this matter. He even asked his friends in the investment community and finally came up with a vague explanation.

ˆHaving been dragging the investors back, not doing anything with this amount.

 Because they purchased online, there was not much useful information available to them online.

 Because this case involves more than 4 billion!

To be honest…with so much money, even if he opened a bank, he couldn’t just take out so much money casually.

  After all…most of the money in regular financial management is regulated.

He didn’t even know that more than 4 billion yuan was generated at once.

 They are all caused by violations.

Now it has become a hot potato for him, but he can’t say anything more.

 Because those who committed more than 4 billion violations were not ordinary people.

He couldn’t say anything more, but the more than four billion yuan couldn’t be left alone, which made Yu Wandong very embarrassed.

Most of the bank’s money comes from depositors’ regular financial management, bank lending business, and non-guaranteed financial management business. These are relatively large businesses.

If the more than 4 billion yuan is borne by banks, the banks can directly declare bankruptcy.

 Domestically, it is extremely rare for banks to declare bankruptcy.

 As the chairman of the board, something may happen to him.

After seeing that someone was going to sue the bank and demand compensation in this case, Yu Wandong immediately called his old friend, who was also the second largest shareholder of Laihai Bank.

 Ask him to come to the office.

Soon, there was a knock on the door outside the office, and Meng Zijian opened the door and walked in from outside the office.

“What’s the matter? Why are you calling me in such a hurry?”

“I’m still dealing with an important business over there!” Meng Zijian opened the door directly and sat down, while Yu Wandong didn’t pay much attention to Meng Zijian’s complaints and continued to speak:

“Let’s not worry about business or not. There is a very thorny problem now. If we can’t handle this problem well, the bank will go bankrupt. Where will the business come from?”

“Previously, our bank raised more than 4 billion in wealth management products on third-party platforms, which was a big hit.”

“I remember I told you before that the middle-class people who bought financial products were preparing to find a law firm to file a lawsuit with us. Now they have found a law firm, and that law firm is a relatively well-known law firm.”

 “The red circle place in Nandu is well-known throughout the country.”

“The Intermediate Court has accepted this case. If this lawsuit is settled, our bank may be greatly affected. Please tell me how this matter should be handled.”

 Yu Wandong stated all the causes and consequences of the matter.

Meng Zijian raised his eyebrows slightly: “Isn’t this matter already settled?”

“That group of investors has been reporting us to the China Banking Regulatory Commission, isn’t it okay now?”

“Isn’t it already suppressed? What other problems could there be? Let’s just file a lawsuit. What big impact will it have?”

“Besides…the younger son of the Lin family is in charge of this financial management project. From the beginning, we were told to come to Hainan Bank to practice, and we agreed.”

“As a result, such a big hole was dug for us. If he is not responsible, who will be responsible?”

“Originally, our online financial products were all planned, but Xiao Lin, who is young and energetic, insists on using the funds from these financial products to invest in some big projects.”

“What’s the result? His so-called big project didn’t have much qualifications for review, so he was tricked by others, and the big project exploded!”

“Our bank has lost so many billions, who will be responsible for this matter if he is not allowed to do so?”

“Anyway, let’s not worry about this matter for now. Since it’s Xiao Lin’s fault, his family member will definitely handle it well for him.”

“As long as we don’t investigate us or the China Banking Regulatory Commission puts pressure on us.”

 “Everything is easy to handle.”

Facing Meng Zijian’s answer, Yu Wandong immediately spoke:

“But that batch of financial products will need to be fully redeemed or investigated. How can this matter be kept hidden?”

“Let’s not talk about anything else. Even if Xiao Lin is there to support their family, we will not be affected at all and there will be no investigation on us.”

“But we are a small bank to begin with, and small banks cannot withstand any big storms. Once this incident has a huge impact on public opinion, our bank can directly declare bankruptcy.”

“When a run occurs, which bank can withstand such a big run?”

“Can the country’s largest banks survive?”

 “I can’t stand it at all!”

 “This is what I’m most worried about!”

 Faced with the problems of the Late East, Meng Zijian easily overcame them.

 “Oh, by the way, there’s something you don’t know. I only found out about it yesterday.”

“Xiao Lin said that when he launched the product before, investors were told that it was capital-guaranteed financial management, but in fact the agreement in the terms was not capital-guaranteed financial management.”

“In other words, when we let that group of investors purchase these financial products, we deceived that group of investors.”

“That group of investors didn’t know that what they bought was not capital-guaranteed financial management. They would litigate and it wouldn’t be of much use. The greater the return, the greater the risk. If they bought financial management with such a high return, they would definitely have to bear certain risks.”

“Even if there is public opinion on the Internet, we can definitely say that what the other party bought is non-guaranteed financial management income. Furthermore, we can not make the payment first, or limit the payment in batches and only pay part of the financial management period.”

 “Wouldn’t this solve the problem?”

“In the end, at most, the Banking Regulatory Commission will impose a penalty on us. According to the law, the fine we pay is not too much.”

“Anyway, our bank will definitely not be able to bear such a large amount of compensation. It is more than 4 billion. How can a small bank like us afford such a large amount of money?”

“Let them sue. I will notify the legal department and let them handle these lawsuits according to the terms of the purchase agreement.”

“You don’t have to worry about these things. Although we can’t handle it, we didn’t create this problem. Someone will find a way to solve it.”

“We are not the most anxious group of people. Don’t worry, someone will handle this matter.”

“Even if no one handles it, as long as we continue to follow the procedures, there is still hope.”

Meng Zijian opened his mouth to comfort Yu Wandong.

 This bank was established by him and Yu Wandong together. As the second largest shareholder and founder, he certainly did not want the bank to go bankrupt.

 He understands everything that Yu Wandong is worried about.

 Things have happened and there is no better solution now.

I can only say that by the time the situation is resolved step by step, the situation will be clear. Even if the other party uses legal means, let alone whether the court will fine them compensation.

Even if the court fines them to compensate them, but they cannot pay it out, or they ask for installment compensation or cold treatment, what will the court do?

Can the court enforce their other properties?

Definitely not!

 Because their other properties are other people’s capital-guaranteed financial management, they are subject to the first protection of the law.

 So comprehensively, the final result of this matter still needs to be treated coldly.

Meng Zijian is more worried about whether Xiaolin’s family can bear the consequences of this incident.

 If you can bear it…then there is nothing to say about this matter. It can only make those investors suffer a dumb loss.

So…when Meng Zijian faced these situations, he asked Yu Wandong to contact Xiaolin’s family to explain the matter clearly and see the other party’s attitude.

Yu Wandong also knew in his heart that there was no other good way now. The thunder had exploded, and the more than four billion yuan would not come back, so he had to carry it on.

So I made a phone call and described the cause and effect of the matter as well as the matters to be prosecuted in the court.

 At Lin Sheng’s home.

Lin Sheng was sitting on the sofa, finishing answering Yu Wandong’s call.

Lin Sheng hated his youngest son.

Originally, his younger son wanted to engage in finance. He knew his younger son’s character and wanted to get some training in a small bank first.

Who would have thought that my youngest son would dare to move more than four billion!

 It’s still capital-preserving financial management!

 If it is a fund, the money will be lost if it loses. Those who buy funds also know in their hearts that financial management is risky, and it is not a big deal.

 But this is the bank’s capital-guaranteed financing!

How dare he!

 Is capital-guaranteed financial management something that can be moved? If you move one million, you can be sentenced to many years. More than four billion, you will be shot ten times, and you will be sentenced to death ten times!

After receiving the call, Lin Sheng immediately called his youngest son.

 “Where are you now? Go home now, now!”

　　　….”

 PS: Please give me a monthly ticket~

 (End of this chapter)