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On November 15, the Philippine police issued laws and regulations on crimes such as kidnapping, rape and human trafficking in the Philippines on facebook in both Chinese and English:
On November 17, the Intermediate People's Court of Wuxi City, Jiangsu Province publicly sentenced Sun Feng, the former president of the Jiangyin Fortress Branch of the Agricultural Bank of China, in the case of fraud and bribery, and sentenced the defendant Sun Feng to 15 years in prison for fraud. One million yuan; sentenced to one year in prison for bribery and a fine of 100,000 yuan, decided to execute 15 years and six months in prison and fined 1.1 million yuan; and recovered the stolen proceeds of the crime.
The trial found that between 2010 and 2011, the defendant Sun Feng incurred huge losses due to investment. In order to make up for the deficit and raise funds for the escape, he successively defrauded a number of victims of more than 8700 million yuan in the name of transfer loans, acceptance discounts, and deposits., And transferred more than 4000 million yuan to overseas. In addition, Sun Feng took advantage of his position as president of the Jiangyin fortress branch of the Agricultural Bank of China to seek benefits for others in the process of handling loans, and received 100000 yuan of property from others in March 2010. Sun Feng fled to the Philippines in December 2011, was issued a red notice by Interpol on February 2, 2012, and was repatriated to the Philippines on May 19, 2022.
The Wuxi Intermediate People's Court held that the defendant Sun Feng's behavior constituted the crime of fraud and bribery and should be punished in accordance with the law. In view of the fact that Sun Feng truthfully confessed all his crimes after arriving at the case, pleaded guilty and repented, and voluntarily returned part of the stolen money, he can be given a lighter punishment in accordance with the law. The court then made the above judgment.
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