Christian Louboutin shoes sale-Rich by fraud acquitted after seven years during bankruptcy

● day was cleaning the toilet at the detention center, no one dared to bail after his partnership with

● business has plummeted bankruptcy, the High Court of Final Appeal ruling in effect the day before yesterday

■ Express reporter Yu Yalian

net worth over 54 billion years old Luo Jianxin, chairman, because of Two months later, his family paid more than 20 million People out from the detention center, but the

Express reporter learned yesterday, the Guangdong Provincial Higher People's Court (High Court) the day before the final decision into effect, over sixties Luo Jianxin acquitted.

misfortune caught up in prison sooner or later, scrubbing toilets

2003 年 4 月 7, net worth of over billion business as usual Luo Jianxin from Shenzhen Huanggang cross the border to return to Hong Kong law. Police suddenly appeared in the checkpoints, warrant to take away on the grounds that his alleged contract fraud of more than 2,000 yuan. 54-year-old Luo Jianxin shocked, His daughter to the police paid 21.2 million yuan, According to Luo Jianxin said the He also said nearly eight years later, he has been wearing a all suspended, not only rely on low-cost land in back taxes, also bonded to ground through the business difficulties. To Meet the He said,

reason alleged fraud was arrested after bankruptcy

case the cause is due to an economic dispute.

Court found: Luo Jianxin was born in Dongguan, a Hong Kong resident, formerly of Chang Industry Co., Ltd. (hereinafter referred to Chang's) chairman.

since 1992, in Chang's China Electronics Import and Export South China, respectively, with the company (hereinafter referred to as Southern Company) and the Guangzhou Machinery Equipment Import & Export Corporation (hereinafter referred to as mechanical company) to do business, the two companies to the chang provide light bulbs, ceiling fans, electric irons, fans and batteries and other goods, in Chang's to the two companies pay the purchase price. Later, due to Chang's in the backlog of goods, not cash flow, resulting in the two companies Chang total arrears of more than 2,000 yuan loan. Subsequently, companies and machinery companies were South to Guangzhou Intermediate People's Court and High Court of Hong Kong, the two courts are ruling, the chang company should pay arrears. Southern Company and machinery companies to the courts for enforcement, but the court found that in the implementation process, the company does not have property available for execution chang, so the case was suspended.

suspended after the court in 1999, has been renamed to the original Chang's Den filed for bankruptcy, and related documents will be in South companies and machinery companies as creditors. In 2001, the company was bankrupt Den.

this case has ended. But in 2003, Luo Jianxin suddenly 20 million yuan for alleged contract fraud were arrested. The reason is that prosecutors, in Chang and Luo Jianxin, the company and the South China companies, machinery companies trade in, by way of part performance of the contract, the two companies defrauded the property, and later on, he changed the company name, filed for bankruptcy supra tk society grey patent, etc. destruction of books, concealing the whereabouts of the goods, to avoid the return of the purchase price, for alleged contract fraud.

conclusive failure to pay part of the normal risk

2008 In September, the Guangzhou Municipal Intermediate People's Court Luo Jianxin not guilty a trial, the prosecution appealed his conviction, filed a protest.

handing the case to trial, the sentence still Luo Jianxin guilty.

High Court the following reasons: Chang company in South China's more than 40% of contract performance, the mechanical performance of the contract the company was 80%, the actual contract has been fulfilled the obligation of the vast majority of , and the Chang's six years with another company's total trade amounted to 600 million, has never been a late payment, underpayment situation, we can see, in Chang's is not the beginning there is no ability to perform the contract, by deliberately way of obtaining by deception a contract, the company can not pay the late payment situation is normal trade risk Christian Louboutin shoes sale, the contract was not intentional fraud.

In addition, the company filed for bankruptcy in Chang, the company also southern and machinery companies as creditors, the existing evidence can not be found in Chang and Luo Jianxin company to bankruptcy to escape debt.

In summary, the High Court that the prosecution alleged contract fraud committed new Law can not be established.

the day before yesterday red christian louboutin pumps, the High Court acquitted the final decision into effect. Luo Jianxin from arrest to final acquittal, which lasted more than seven years.