Justice Network, Anhui, August 15th - Recently, the case of Xie Jingdi, Zhang Ying, and Wang Le who were suspected of illegal business operations was prosecuted by the Tianjia'an District People's Procuratorate in Huainan City, Anhui Province. After a public trial at the Tianjia'an District People's Court, the court made a verdict: Xie Jingdi was sentenced to five years in prison and fined 50,000 yuan; Zhang Ying was sentenced to five years in prison and fined 50,000 yuan; Wang Le was sentenced to one year in prison and fined 20,000 yuan.
Xie Jing, aged 26, and Zhang Ying, aged 25, were very close friends. Seeing their peers doing thriving businesses, they repeatedly "considered" and decided to engage in an "cost-free" illegal business - cashing out credit cards.
From May to August 2010, defendant Xie Jingdi obtained two point-of-sale terminals (POS machines) from the Bank of China Huainan Branch under the names of Ming Zhi Hao Business Center and Huainan Tong Yue Decorative Materials Business Department. She also instructed Zhang Ying to obtain a POS machine from the Bank of China Huainan Branch under the name of Tianjia'an District West Qi Cosmetics Wholesale Center. After obtaining the POS machines, the two then illegally engaged in credit card cash-out services in Room 1317, Building C, Financial Center (Bai Da CBD), Tianjia'an District, and Room 911, Xin Tian Di, Chaoyang Middle Road, Tianjia'an District. They profited by extracting a certain amount of cash as kickbacks for each cash-out transaction. Upon investigation, it was found that between June and December 2010, the two used the POS machines to illegally withdraw a total of 5.9 million RMB in cash. It was also revealed that after October 2010, Xie Jing and Zhang Ying expanded their business by hiring Zhang Ying's cousin Wang Le to work for them with a monthly salary of 1,000 yuan. Wang Le participated in the operation until the case was uncovered, involving an amount of 2.6 million RMB.
The court ruled that defendants Xie Jingdi, Zhang Ying, and Wang Le violated national regulations by using point-of-sale terminals (POS machines) to pay cash directly to credit card holders through fictitious transactions, accumulating a transaction amount of 5.9 million RMB. Their actions constituted illegal business operations, with huge amounts involved and serious criminal circumstances. The court thus made the above ruling.