On August 7, Shenzhen announced that the Shenzhen banking and insurance regulatory bureau had organized banks to carry out comprehensive investigation and regulatory verification, and it had found that the relevant personnel of “shenfang Li” were suspected of forging official documents of state organs, providing false information to obtain loans, and evading capital flow monitoring and other acts disturbing the order of the financial market by means of multiple transfers, breaking up into parts and withdrawing cash, involving housing mortgage loans In different categories such as business loans and consumer loans, the total amount of problem loans is 1.064 billion yuan, including 380 million yuan of business loans.
At present, the responsible units and personnel have been initiated according to the law according to the rules, and 2 suspect have been arrested and 3 suspect have been detained.
In addition, some intermediaries are suspected of facilitating the illegal real estate speculation of “shenfangli”. It has been found that 119 people in the “shenfangli” case participated in real estate holding or crowdfunding. According to the regulations, the above-mentioned personnel shall be disqualified from purchasing commercial housing, renting and purchasing public housing and provident fund loans in Shenzhen within three years. Meanwhile, 44 of the “Shenzhen real estate management” members are licensed real estate agents in Shenzhen, which has been included in the “blacklist” by Shenzhen housing and Construction Bureau.
The lesson of “deep room theory” is profound
In the author’s opinion, “shenfangli” will be checked sooner or later. In the face of the rising and rising house prices in Shenzhen, especially under the regulatory policies, it is of course necessary to adopt extremely strict policies to maintain the stability of the real estate market and the stability of house prices. Whoever wants to promote the rise of house prices will pay a heavy price“ The lesson of “deep room theory” is not profound, and should cause profound reflection.
In fact, since the relevant functional departments of Shenzhen decided to form a joint investigation team to investigate, the author knew that the water of “shenfangli” should be stirred up to see how many “ghosts and ghosts” there are. Because it is impossible for a few people to set off such a big storm. As long as we go deep into it, we will certainly find out a group of people and a huge gang.
From the case itself, those who really belong to the core layer of the “deep room manager” Gang may have a limited number of personnel, and it is impossible to make the core layer so large. However, if it is related to the illegal business and illegal behavior of “shenfangli”, it will never be an individual, or a few people. Therefore, in order to truly investigate the “deep room management” case, we must go deeper and deeper, carefully and closely. Especially in terms of whether the funds violate laws and regulations, it should be determined first and then investigated. Otherwise, it is easy to fall into passivity.
In the field of small loan industry and financial guarantee industry, Shenzhen local financial regulatory bureau carried out the investigation of housing related loans and guarantee business, mainly interviewed 14 small loan and financial guarantee companies, carried out on-site inspection on 6 companies, and issued supervision letters to 6 companies, requiring them to suspend housing related and other illegal businesses and make rectification on schedule.
From the actual situation of the investigation, a considerable part of the acts of “shenfangli” and the funds involved are illegal, and some are seriously illegal. For example, illegal fund-raising is undoubtedly a serious violation of the law and must be severely investigated and dealt with. For example, concealing income, evading taxes and forging official documents of state organs are also serious violations of the law. The problem of obtaining credit funds into the real estate market requires in-depth investigation and clarification of the context of the funds in order to finally determine the nature.
From the published situation, since the relevant issues have been identified, it shows that there are no qualitative problems. The relevant institutions and personnel involved have also been severely punished. 2 suspects have been arrested and 3 suspects have been detained in criminal cases. Since it has been identified as a suspect, it means that these people will enter the criminal proceedings and wait for the court’s trial.
Action against real estate speculation
In my opinion, the key is, in addition to those who have been arrested, detained and dealt with by relevant functional departments, are there any personnel who should be punished but have not “surfaced”?
According to the relevant departments of Shenzhen, the case is under further investigation and handling. In other words, the investigation is not over, but in-depth investigation is needed, and some people may be involved. Among them, banks and non bank financial institutions that provide funds to “shenfangli” should be the focus of investigation and the most likely to be held accountable.
According to the information provided by Shenzhen financial regulatory department, for the problem of illegal inflow of credit funds into the real estate field, Shenzhen has taken the lead in carrying out special rectification in the country. After multiple rounds of rolling investigation and regulatory verification, up to now, a total of 2.155 billion yuan of business purpose loans have been found to flow into the real estate field in violation of regulations. It should be said that the number is not small. Such a large amount of illegal funds should require a considerable number of people to be held accountable. Naturally, on the issue of “deep housing management”, relevant financial institutions and non bank financial institutions should bear responsibility and be held accountable. If serious economic losses are caused, the party concerned shall be investigated for criminal responsibility.
According to media reports, Qianhai District, the key hype area of “shenfangli”, involves Zhonghai sunshine rose garden, Nord Holiday Garden, huanianhua county and huanianhua township. The difference between the average transaction price of these districts and the average price of surrounding business districts in recent three years has increased by more than 200%, with a maximum increase of 1335.15%. From this set of data, we can see that the speculation of “shenfangli” has seriously distorted house prices.
Reprint indicated source：Spark Global Limited information