In order to launder money, he gave a suitcase containing 1 million in cash to his wife's brother. A middle-level cadre of a bank accepted a bribe of 17 million.
When Gao Yiyi took the suitcase full of cash from his brother-in-law Wang, he did not expect that one day he would be sentenced for this. Recently, the Shanghai Pudong New Area People's Procuratorate disclosed a money laundering case handled by the court. Two defendants were sentenced to 1 year in prison, suspended for 1 year, and fined 1. Ten thousand yuan.
Wang is a middle-level cadre of a bank, responsible for the foreign card acquiring operation and the management of the foreign card business. From February 2015 to August 2022, Wang was asked by the then general manager of a business unit company to provide business introduction, daily management, consumer transaction dispute resolution and other assistance in the process of carrying out relevant business between the company and its bank. He also accepted multiple cash bribes from the company, totaling more than RMB 17 million.
When examining Wang's bribery case, the Pudong Procuratorate discovered clues to the crime of money laundering that Wang's wife Gao A and his brother-in-law Gao B were suspected of providing bank accounts for Wang to transfer and convert funds. After investigation, in order to cover up and conceal the tens of millions of yuan in cash obtained from accepting bribes, Wang came up with the idea of borrowing deposits from his family's bank account and then transferring the money to himself.
At the end of 2021, Gao Mouyi came to his sister's house. Wang Mou dragged out a suitcase from the room and claimed that his employer had issued a bonus of 1 million yuan, and he wanted to borrow Gao Mouyi's bank account to save the money when needed. Then transfer the money to yourself. After that, Wang repeatedly asked his wife and brother-in-law to help him deposit cash and transfer funds for reasons such as giving out bonuses and using money to buy a house.
Regarding the large cash "bonuses" that Wang frequently gave out, both Gao A and Gao B realized that they might have come from wrong sources. They asked Wang about the source of the cash and received the answer "don't ask any more questions." The two did not delve further and continued to help Wang deposit cash and transfer money. After investigation, Gao A assisted Wang in transferring more than RMB 3 million, and Gao B assisted Wang in transferring more than RMB 3.4 million.
In April 2023, Wang was sentenced to 7 years in prison and fined 1.5 million yuan for accepting bribes. For the crime of money laundering, he was sentenced to 3 years in prison and fined 50,000 yuan. The two crimes were punished concurrently, and it was decided to be sentenced to 8 and a half years in prison and fined 1.55 million yuan.
Regarding the behavior of Gao A and Gao B, the Pudong Procuratorate believed that, as Wang’s close relatives, Gao A and Gao B could discern that such a large amount of cash was obviously inconsistent with Wang’s occupation and property status, and still passed the bank The method of transferring money after depositing in the account helps to cover up and conceal the source and nature of the criminal proceeds, and should be held criminally responsible for the crime of money laundering. After the procuratorate launched a public prosecution, Gao A and Gao B also received the punishment they deserved.
![In order to launder money, he gave a suitcase containing 1 million in cash to his wife's brother. A middle-level cadre of a bank accepted a bribe of 17 million.](https://a5qu.com/upload/images/aed0346f2508090b6920c601faf3054c.webp)
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