"75 Generation" Grains and Oils "Big Rats" Who Make Money for Stock Trading: From Rural Children Eating "Hundred Family Rice" to Prisoners

Release time:Apr 16, 2024 04:26 AM

Opening column language

Using people as mirrors can reveal gains and losses; Using a case as a mirror can lead to good conduct and discipline. The use of negative typical cases to carry out warning education is an important measure to promote the "three non corruption" in one body, and is a powerful lever to promote party members and cadres to build a strong ideological defense line. In order to make good use of the cases around us, do in-depth and practical education on discipline and law, and guide the majority of party members and cadres to be vigilant, know the bottom line, be in awe, and be wary, the "Clean Sichuan" website and WeChat official account will launch the column "Case as a mirror" from February 14, 2023.

This column focuses on the "fly greed and ant corruption" that occurs around the people and erodes their immediate interests. Through analyzing typical cases of disciplinary and illegal violations by grassroots party members, cadres, and public officials from multiple perspectives, it not only keeps the alarm ringing, but also carries out disciplinary and legal interpretations. It continues to play the role of educating and warning people around it through cases, and continuously promotes the comprehensive and strict governance of the party to develop in depth.

Stay tuned!

Case file

Jie Jun, male, Han ethnicity, born in December 1977 in Anyue, Sichuan. He started working in September 1996 and previously served as the General Manager of the Grain and Oil Purchase and Sales Company in Xiangcheng County, Garze Prefecture.

In March 2022, Jie Jun was under supervision and investigation by the Xiangcheng County Supervision Commission.

In June 2022, Jie Jun was dismissed from public office due to serious violations of national laws and regulations, constituting illegal duties and suspected of committing crimes.

In October 2022, Jie Jun was sentenced to 3 years and 6 months in prison and fined RMB 200000 for the crimes of embezzlement and embezzlement.

Case Investigation

Jie Jun was born into an ordinary rural family in Anyue County, Ziyang City. In his early years, he moved with his parents to live in Xiangcheng County. His hardworking parents made a living by crafting carpentry, and they lived a relatively happy life. In 1988, there was a sudden change in the family of Jie Jun, and at the age of only 11, he grew up relying on social assistance.

After joining the workforce, Jie Jun relied on his flexible mind and worked with great enthusiasm, gradually growing into a key member of the Xiangcheng County Human Resources and Social Security Bureau. In April 2013, due to outstanding work, Jie Jun was transferred to Xiangcheng County Grain and Oil Purchase and Sales Company as the General Manager. At the beginning of his tenure, Jie Jun was full of confidence in the prospects and future of the Xiangcheng County Grain and Oil Purchase and Sales Company, and wanted to demonstrate his value through hard work. However, when he saw those business owners who had business dealings with him driving luxury cars, living in luxury houses, and eating spicy food, his heart gradually began to become unbalanced.

Xie Jun, General Manager of Xiangcheng County Grain and Oil Purchase and Sales Company, is under supervision and investigation.

"My biggest hobby outside of work is trading stocks!" The financial difficulties in his childhood made Jie Jun yearn for a prosperous life. In addition, his envy of the lifestyle of a business owner made his desire for "overnight wealth" even stronger. In 2016, Jie Jun began to become addicted to the stock market and wanted to achieve "wealth freedom" by quickly generating wealth. However, his meager salary is not enough to support his stock trading ambitions. So he reached out his hand to the boss who had business dealings with him.

Starting from 2016, Jie Jun personally decided to entrust the company's freight business to a logistics company for transportation. During this period, Xu, the legal representative of the logistics company, transferred a total of 28000 yuan to Jie Jun's WeChat account multiple times, expressing gratitude to him.

Once the gate of desire is opened, it will continue to expand without end. Faced with the red envelope gifts from these bosses, Jie Jun refused to accept them, ranging from a few hundred yuan to tens of thousands or even tens of thousands of yuan. Some bosses even developed the habit of giving "red envelopes" to Jie Jun every Chinese New Year and holiday. At the same time, Jie Jun also provided these bosses with business care. Gradually, Jie Jun forgot his original intention in the eyes of money and the stock market, and began to ponder how to make more money.

"In the future, for every ton of grain, I will add 200 yuan to the actual purchase price, and then return it to me in cash!" In early 2019, Jie Jun collaborated with Wang from a certain rice industry limited company to purchase rice at an increased price multiple times and obtain a total of 80000 yuan in national funds through cash returns.

During his tenure, Jie Jun regarded the grain and oil purchasing and sales company as his personal territory, establishing a "one man shop". In the process of purchasing rice, edible oil, and other products multiple times, I have gained benefits by adding prices to the original price, quietly putting national funds into my personal "pocket" to satisfy my stock trading hobby.

But behind the corruption in stock trading, there is still a situation where income cannot make ends meet. Since 2016, Jie Jun has invested over 1 million yuan in purchasing stock funds, but most of them have been lost and never returned. Without any remorse, Jie Jun, who was deluding to overturn the situation, intensified his focus on the company's "Rest assured Grain and Oil Engineering" project funds.

In March 2019, the "smart" Jie Jun and his friend Wa discussed jointly operating a supermarket and appointed his illiterate cousin Chong as the legal representative. One month later, under the pretext of completing the "Safe Grain and Oil Project" in Xiangcheng County, Jie Jun created three signs, "Safe Grain and Oil Distribution Center in Xiangcheng County," "Sichuan Military Grain," and "One Store of Xiangcheng County Grain and Oil Purchase and Sales Company," and hung them on supermarkets. He also signed a "Brand Authorization Sales Contract" with Chong.

Since then, the surplus funds from the "Rest assured Grain and Oil Engineering" project have entered his personal pocket in a "compliant" manner, and an additional "stock trading fund" has been added. Before and after the liberation of the army, a total of 30500 yuan was embezzled from the "Safe Grain and Oil Engineering" project funds.

According to statistics, from 2014 to 2021, Jie Jun embezzled more than 360000 yuan of public funds through fraudulent invoicing, increased procurement, and other means, and used his position to embezzle 594000 yuan of public funds for stock trading. Growing up from a rural child who ate a hundred meals to become the general manager of a grain and oil purchasing and sales company, Jie Jun was not satisfied, but instead became greedy and lost in the shimmering red and green stock market, ultimately leaving a heavy shackle on his life.

"75 Generation" Grains and Oils "Big Rats" Who Make Money for Stock Trading: From Rural Children Eating "Hundred Family Rice" to Prisoners

Case Analysis

From a rural child to the general manager of a company, Jie Jun should have worked harder, returned to society, standardized company management, and kept in mind the importance of integrity and self-discipline. However, due to disrepair and uncontrollable desires, it went astray and fell into the abyss. Jie Jun seriously violates national laws and regulations, constitutes illegal duties, and is suspected of embezzling public funds and embezzlement. He also refused to withdraw after the 18th National Congress of the Communist Party of China, and his nature is malicious. The circumstances are serious and he should be dealt with seriously. According to the Administrative Punishment Law of the People's Republic of China on Public Officials, the Supervision Law of the People's Republic of China, and other provisions, Jie Jun was dismissed from public office. According to the Criminal Law of the People's Republic of China, Jie Jun's behavior should be deemed to constitute the crime of embezzlement and misappropriation of public funds.

1. Law of the People's Republic of China on Administrative Sanctions against Public Officials

Article 33: Those who engage in any of the following behaviors shall be given a warning, recorded a demerit, or a major demerit; Those with serious circumstances shall be demoted or dismissed from their positions; Those with serious circumstances shall be dismissed:

Corruption and bribery;

……

Article 34: Those who accept gifts, gifts, securities or other property that may affect the fair exercise of public power shall be warned, demerited or given a major demerit; Those with serious circumstances shall be demoted or dismissed from their positions; Those with serious circumstances shall be dismissed.

Article 36: Those who engage in or participate in profit-making activities in violation of regulations, or concurrently hold positions or receive remuneration in violation of regulations, shall be given a warning, demerit or major demerit; Those with serious circumstances shall be demoted or dismissed from their positions; Those with serious circumstances shall be dismissed.

2. Supervision Law of the People's Republic of China

Article 45: Supervisory organs shall, based on the results of supervision and investigation, make the following measures in accordance with the law:

……

Make administrative sanctions such as warnings, demerits, major demerits, demotions, dismissals, and dismissals against illegal public officials in accordance with legal procedures;

……

For those suspected of committing official crimes, if the supervisory organs, after investigation, believe that the facts of the crime are clear, the evidence is true and sufficient, they shall prepare a prosecution opinion, and together with the case file materials and evidence, transfer them to the People's Procuratorate for lawful examination and prosecution;

……

3. The Criminal Law of the People's Republic of China

Article 382: State officials who, taking advantage of their positions, embezzle, steal, defraud or illegally occupy public property by other means are guilty of corruption.

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