Fang Daddy is in hand, I have the world

Chapter 338 Big Storm [Third Update]

A few days passed slowly, and the staff of the legal department of XXX Bank arrived at Rizao Market and began to contact the police.

By the way, deal with the next prosecution.

The approach was very rigid, firmly determined that Shi Zhongjun was maliciously cashing out, and the bank's suspension of his credit card was in line with the bank's risk control regulations and national laws and regulations.

Ma Dezhong looked at this group of people, smiled, recorded everything, and arranged for economic investigators to investigate.

A week or so later, the court hearing began.

Without exception, all the reasons put forward by the bank were refuted by Guan Hongsheng.

Shi Zhongjun has a stable job, with an annual salary of 27 yuan. There are still two years left in the contract with the company. Buying a house with a credit card is a normal consumption.

XXX Bank's suspension of the card is a malicious act, which violates the laws and regulations of the international financial industry.

At the same time, the police also issued the recording submitted by Shi Zhongjun, bringing this matter into a higher level of illegality.

Even though a voice changer was used for the recording, the two recordings and Shi Zhongjun's final suspension formed a chain of evidence.

The court pronounced.

XXX Bank was sentenced to restore Shi Zhongjun's credit card immediately, and at the same time compensated 3 yuan for mental damage.

At the same time, the circumstances of XXX Bank in this case are bad. In order to warn future generations, XXX Bank will be punished severely.

According to the relevant national financial laws, XXX Bank was fined ten times the amount involved in the case, and the fine was 240 million!
After the news came out, it immediately caused a major earthquake in the financial circle. No one expected that the Rizao City Court would dare to make such a judgment.

More than 200 million yuan is not a big deal for the bank, but the impact of this incident is huge.

XXX Bank issued a statement that if it refuses to accept the judgment, it will file a lawsuit at the higher level.

Half a month later, the Rizao City High Court heard the case and upheld the original verdict!
XXX Bank issued a statement dissatisfied with the judgment, believing that the Rizao City Court was suspected of favoring local companies, and appealed to the Shangjing City Court in the imperial capital.

More than half a month later, the Shangjing City High Court opened a trial.

This time it was different. Rizao city police provided a lot of evidence of illegal operation of XXX bank, and the high court made a final judgment.

One, uphold the original judgment.

Second, in view of the serious violations of XXX Bank, the case was transferred to relevant departments for further investigation.

A week later, the relevant departments began to work.

XXX Bank was punished with a fine of one billion yuan, and it was suspended for three months for rectification, and its bank qualification was revoked if it failed the three-month rectification.

Two days later, the iron-fisted rectification by relevant departments began.

Fined XXX Financial Company 15 billion and revoked its financial license.

Punish XXX Bank with a fine of [-] million

Punish XXX Bank with a fine of [-] million

Punish XXX Bank with a fine of [-] million

Punish XXX Bank with a fine of 12 billion, suspend business for rectification, and revoke the bank's financial license if the rectification fails.

A fine of [-] million to XXX financial company
XXX Financial Company was fined [-] million yuan, closed for rectification, and its banking and financial license was revoked if the rectification failed.

Fine XXX Financial Company [-] million

A fine of 11 billion was imposed on XXX Financial Company, the business was suspended for rectification, and the banking and financial license was revoked if the rectification failed.

A fine of 18 billion was imposed on XXX Financial Company, the business was suspended for rectification, and the banking and financial license was revoked if the rectification failed.

A financial turmoil kicked off. More than 20 banks were fined, more than 40 financial institutions were fined, and more than a dozen financial companies were fined and suspended for rectification.

Relevant departments acted vigorously and began to vigorously rectify the financial order.

The five major banks issued a public statement to lower loan interest rates and provide financial support for small and medium-sized enterprises.

Compared with before the case broke out, the interest was directly cut in half.

Some large financial companies have also issued public statements to reduce the interest on borrowing, which is also a direct cut.

Although it seems that money can't be made, the most important thing is to hug yourself right now.

Ordinary people see nothing in the news reports, but smarter people see an opportunity to change their situation from the news reports.

Start looking through the relevant laws one by one to find the most beneficial regulations.

These people have one thing in common, that is, they swipe their cards for consumption and submit an application for instalment, but what they wait for is not a notification of successful instalment processing, but a notification that you are suspected of maliciously swiping the card and suspending the card.

You need to pay all the arrears in one lump sum at the end of the month.

Many people can't pay it off. The purchased items can't be returned if they are not of quality problems. The money is all occupied, and there is no way to repay it all at once.

In the end, it had to be overdue and reported to the bank for credit investigation.

Now that the storm is so big, many people have similar experiences to Shi Zhongjun.

Smarter people immediately started negotiating with the bank. I am in a similar situation to Shi Zhongjun. If the bank does not revoke my overdue credit report, I will sue the bank.

After negotiating with the relevant departments of the bank, these people determined the repayment method. After paying the first repayment, the bank also submitted an application to the central bank to cancel the application of these people's breach of contract records.

A few days passed slowly, and the relevant departments took action again.

Fines were issued to six securities companies, with the minimum fine of 30 billion and the maximum fine of 110 billion.

Seventeen listed companies were also punished, and none of the fines was less than 20 billion.

Five listed companies were suspended for rectification within a time limit, and if the rectification fails, they will be delisted.

After this incident came out, the financial market was shocked again, and everyone was terrified.

Afraid, one by one is really afraid.

Many financial companies began to announce that they would suspend their business for self-examination.

Now everyone has come to their senses. The country is trying to rectify the financial order. The root cause of everything is that these people are too ugly.

More people have seen it through. Gao Jin's speech at the forum must have been ordered by the higher-ups. The intention was to beat the financial institutions, so as not to look ugly and disturb the normal financial order of the country.

As a result, most people didn't take it seriously, thinking that it was still the same as before, with a lot of thunder and rain, and nothing would happen in the end.

The root cause of the ruthless action by the relevant departments is because of Shi Zhongjun's case.

What XXX Bank did to Shi Zhongjun can no longer be described as breaking the bottom line, but can be described as trampling on the financial order, destroying the great situation of stability and unity.

According to the personal overdue credit cancellation application submitted by the bank to the central bank recently, it can be seen that too many people in the country have cut off their capital chain due to similar incidents.

Too many people have become people with tainted credit due to the so-called illegal operation of risk control, which has greatly suppressed market consumption.

If there is no violation of regulations, a large number of people can completely repay the loan in installments without any credit stains or affecting their future in life.

Seeing such data, relevant departments have strengthened their determination to rectify.

Within a few days, a number of banks filed lawsuits against internal illegal lenders, claiming that they violated bank regulations and that illegal lending caused heavy losses to the bank.

Hundreds of people have been prosecuted in the banking system across the country, and this time the major rectification hits a very wide range.

Gao Jin looked at the information of the computer viewers in the office, and he was also terrified.

China's major financial events were also reported by foreign media, and the leaders of many countries were shocked. No one expected that China would have such courage to rectify the financial order.

Many bigwigs began to think about whether they should also rectify their own side, and if they continue to let things go like this, I am afraid that something big will happen in the future.

Just when many bigwigs were hesitating and unable to make up their minds, the American side began to attack.

The relevant departments of the United States imposed fines on 27 financial institutions for the first time. The lowest fined 15 billion U.S. dollars, and the highest fined tens of billions of U.S. dollars directly, directly fined them bankrupt.

A week later, more than 30 fund companies and investment banks on Wall Street were punished, with a total fine of more than 600 billion U.S. dollars.

The news caused a great shock in the world.

Is America crazy?
This is something that many people don't understand.

According to gossip, the big storm this time was initiated by the person in the Black Palace, and it was also acquiesced by the Congress.

Why does Congress acquiesce to the black palace's nonsense.

Many bigwigs know the reason, and they can't do anything wrong. The Ministry of Finance has no money. If they don't want to find a way to make a sum of money, the government will stop.

The successive fines amounted to hundreds of billions of dollars, and most of the money went to the Ministry of Finance. With this money, there is no problem for the government to survive this year.

Those banks and financial institutions are very aware of what's going on here, but you can't resist, because you have indeed violated the regulations, and punishing you is in line with the spirit of the law.

One by one can only pinch their noses to recognize it, even if they are spending money to buy peace.

After the turmoil in the United States passed, the boss of a Southeast Asian country was tempted, and the boss of country H began to be tempted.

Not for anything else, just for less chaebol checks and balances.

Called a group of confidantes to discuss it, and started to do it. As a result, things went beyond the boss's expectations.

Banks and financial institutions, large and small, refused to accept the verdict and began to appeal. Members of parliament from all walks of life began to exert their efforts and found many excuses to impeach the president.

For a while there was a lot of trouble, the stock market plummeted for several days, and there were several demonstrations.

The big boss started to put out the fire in desperation, but the matter finally came to nothing.

Seeing the situation in country H, many bigwigs who wanted to learn from the country of America stopped their plans.

China can play, and America can play.

That's because the two regimes are stable and have such economic strength that financial institutions and chaebols cannot single-handedly interfere with the judiciary and social order.

If I play with him, I'm afraid there will be some turmoil in the country.

Just when the matter was about to calm down, the British side took action, and the relevant departments began to issue huge fines, and there were a lot of them.

According to incomplete statistics, more than [-] banks, financial companies, and consortia have been fined.

The relevant departments are full, and the British stock market has not been affected, but has risen due to the decline in loan interest.

Like China and the United States, after the punishment, the domestic economic activity began to rise.

　Many of Lao Pang’s friends were overdue due to the sudden suspension of their cards. Adding the overdue fees, it would cost a lot of interest to get out in the end.

　　Basically more than half of the amount owed.

　　I really hope that the country can rectify it and not let the bank stop the card if it tells consumers to stop the card. It must give a buffer time.

　　If there is such a policy, I believe that many people can avoid credit stains.

　　
　
(End of this chapter)