Business Daily News (reporter Wang Baiwei, correspondent Ma Haixiang, Song Yang, apprentice teacher Wang Hao) - What does 775 gold bars mean? It weighs 51 kilograms. In March, their value was over 12 million yuan, and now, they are worth more than 14 million yuan.
Liu Xiaohui, 28 years old, is from Tading Village, Jiaocun Town, Lingbao City. He joined Tonghui Company at the end of 2006.
The stolen gold bars appreciated by 2 million yuan.
A total of 760 gold bars were found on his person and in his residence. Someone calculated that, according to the current market price, this batch of gold has appreciated by up to 2 million yuan.
On the afternoon of October 30th, the Intermediate People's Court of Sanmenxia announced its first-instance verdict, sentencing him to 15 years in prison.
This is the amount a gold thief stole in one night. However, before he could calculate the value of this gold, he was arrested. On the evening of October 30th, the Intermediate People's Court of Sanmenxia sentenced Liu Xiaohui for theft, sentencing him to 15 years in prison in the first instance.
The first-instance court of Sanmenxia West believed that Liu Xiaohui developed the motive to steal due to his inability to repay loan money. Taking advantage of his duty shift, he broke into the vault and stole the gold bars, which amounted to an exceptionally large sum, constituting theft. After being apprehended, Liu Xiaohui was able to report others' criminal activities, which were verified as true, thus constituting meritorious service.
At around 9:00 AM on February 23rd, Jin Yuan Tong Hui Refining Co., Ltd. in Lingbao reported that its underground material warehouse had been burglarized, with 775 agricultural product gold bars (totaling 51.193 kilograms) missing.
Liu Xiaohui confessed that because of the weight, he mainly transferred the gold from the main storage room to the duty room, then rode a motorcycle to bring the gold to his rented house. During the three days of his escape, he indulged in extravagant spending at bath centers, malls, etc., spending over 30,000 yuan in just three days.
Before the verdict was announced, Liu Xiaohui stated that he would not appeal.
Liu Xiaohui confessed that since October 2008, he had borrowed over 200,000 yuan to buy "private lottery," resulting in losses and inability to repay. This was one of the main reasons he stole the gold.
After the case occurred, the 760 hidden gold bars and the 211,500 yuan obtained from selling some of the gold bars have been returned to Jin Yuan Tong Hui Refining Co., Ltd. in Lingbao.
According to the market price at the time, these gold bars were valued at over 12.54 million yuan.
On February 26th, with the cooperation of Shandong police, Liu Xiaohui, who was hiding in a large hotel, was captured.
After the incident, the public security organs of both Sanmenxia and Lingbao formed a special investigation team. Liu Xiaohui, the shift leader of the Security Department of Jin Yuan Tong Hui Company, was listed as a major suspect.