Is it so hard to just do the right thing and return our money? What is wrong with the Central Government in China? CBRC and CSRC should not exist if they continue to take no accountability for their incompetence and corrupted behaviors. Governments credit will be completely bankrupted if it continue to prolong the pain.
We cannot believe Shanghai government said 99% of the funds in State owned custody bank accounts all been illegally transferred by fund manager. This involved over 4 Billion US dollars. It is not a small amount and custody banks main responsibility is to ensure investors funds must be invested to projects specified in prospectus. How can regulator and bank not be liable to return the funds to investors?
Shanghai capital market is nothing but a joke, a sugar coated scam. So many investors lost tens Of millions of Dollars due to our trust of legal and capital market system in Shanghai. CSRC, CBRC and Bank of Shanghai of course will not prosecute or accuse each other of embezzle money illegally. Over Billions of USD equivalent amount disappeared from custody bank account in Shanghai Lujiazui. The fund was never invested to any of the private equity projects and compliance in the custody bank never bother to conduct the very basic DD and KYC. Custody bank becomes the designation for money laundry btw regulators and fund manager
The injustice of Shanghai and China Central government, attempt to profit from fictitious PE fraud, and cover up what is truly government corruption and attempt to rob civilians from Shanghai, Hong Kong, Taiwan, Japan, Germany,Thailand, Australia, Canada investors of their wealth in Shanghai, should be Fully investigated and caution those who intend to enter the capital market in Shanghai.
The scale of government corruption in Shanghai Is shocking. And China’s capital market is made up. Books are cooked and CSRC, Custody Banks, SOEs and legal system basically are one happy family aim to embezzle investors wealth..local and abroad, all may be trapped. The current administration is fearless..
惊讶的事,阜兴于良卓,两家均为有备案,有监管,在上海的正规私募基金,不是P2P。本人之前认购的私募基金,是去年6月涉及数百亿资金挪用案的阜兴系私募基金,按照我们于基金公司和托管行的约定,我们的资金只允许用于银行承兑票据和银行存款,而且必须一张承兑票换一笔资金,不可能可以挪用的。但目前确实90%以上的票据私募基金都被挪用了,表示托管行和把持公司法人和公章的季正栋有意避开合同处心积虑的转移了十几亿的资产。
原本我购买的票据资金疑似被季正栋(法人和执行董事)非法挪用于自行认购多家股权投资以及证券投资。据季正栋的直接公开说法,目前仅剩2000万资金,但公司实际募集未到期的约有17亿。我感到非常惊慌无助。
惊讶的事,阜兴于良卓,两家均为有备案,有监管,在上海的正规私募基金,不是P2P。本人之前认购的私募基金,是去年6月涉及数百亿资金挪用案的阜兴系私募基金,按照我们于基金公司和托管行的约定,我们的资金只允许用于银行承兑票据和银行存款,而且必须一张承兑票换一笔资金,不可能可以挪用的。但目前确实90%以上的票据私募基金都被挪用了,表示托管行和把持公司法人和公章的季正栋有意避开合同处心积虑的转移了十几亿的资产。
良卓的托管合同里,按照我们于基金公司和托管行的约定,我们的资金只允许用于银行承兑票据和银行存款,而且必须一张承兑票换一笔资金,不可能可以挪用的。但目前确实90%以上的票据私募基金都被挪用了,表示托管行和把持公司法人和公章的季正栋有意避开合同处心积虑的转移了十几亿的资产。
原本我购买的票据资金疑似被季正栋(法人和执行董事)非法挪用于自行认购多家股权投资以及证券投资。据季正栋的直接公开说法,目前仅剩2000万资金,但公司实际募集未到期的约有17亿。我感到非常惊慌无助。