The words were spoken very sincerely, and as the company's CEO and head of operations, this attitude is already acceptable. We shouldn't overreact to the personal ethics of a vice president.
The chairman nodded, his tone softening considerably.
"Old Zhao! You are a veteran of the company and a company leader whom I and all the shareholders have high hopes for. I have complete confidence in your abilities and character."
"You bear responsibility for this, but this serious matter of personal morality cannot be blamed on you. Learn from this experience, understand?"
General Manager Zhao breathed a sigh of relief, finally able to relax: "Don't worry, Chairman, fellow directors. I will definitely learn from this and strengthen the moral character of our employees and senior executives, so that this kind of thing will never happen again."
The chairman nodded and looked around: "Alright, let's leave the solemn matter behind. If the police need anything, we'll cooperate with their investigation. Does anyone else have anything to say?"
It was just a formality, but suddenly, the company director sitting on the other side, who was also the representative of the company's second largest institutional shareholder, Yu, spoke up: "Chairman and directors, I have a few words to say."
Seeing everyone's gazes turn towards him, Director Yu smiled faintly: "The matter of cheating women out of money is Zhuang Yan's personal issue, and I have no objection to it. I also agree with the chairman's handling of the matter."
"But that's not the whole story of Zhuang Yan's problem. How can a conman who cheats women out of their money have worked in the company for so long as a middle manager and then become a vice president be clean? Isn't it easier for him to make money on the company's platform and with the power it gives him?"
As soon as he finished speaking, the conference room fell silent. What Director Yu said made sense. It was hard for anyone to believe that such a conman who would even swindle money from women could have power on such a large platform as the company.
The chairman's face darkened again, and he looked at President Zhao: "Old Zhao, you tell us about this matter, whether Zhuang Yan has any problems or not."
Mr. Zhao looked very grim. He thought the matter was over, but he didn't expect there to be this hurdle waiting for him.
"Chairman, fellow directors, the company's audits have always been very strict, with few loopholes to exploit, and most people don't have the opportunity to make mistakes. However, given Zhuang Yan's position and the considerable resources he controls, it's difficult for me to say whether he has any issues."
At this point, even General Manager Zhao, who had previously held Zhuang Yan in high regard, dared not express his opinion. Who knew whether Zhuang Yan was clean or not? A few days ago, he had received a whistleblower letter from an employee complaining about Zhuang Yan, the letter was full of accusations, but he didn't take it seriously and planned to hand it over to the audit department in a while and let them go through the process casually.
He felt uneasy after what happened today.
Hearing Mr. Zhao's answer, everyone's expressions turned sour; it seemed there was no doubt about it.
The chairman stated, "Now that this matter has been exposed, we must investigate it thoroughly and get to the bottom of it."
Then he looked at Director Yu and said, "Old Yu, you brought this up, what's your opinion?"
Director Yu glanced at everyone, then took out a document from his bag and waved it around.
"I received a report today about Zhuang Yan. To be honest, his problems are more serious than we thought, and it's not just about corruption!"
Everyone's eyes sharpened as they stared at the document in his hand.
The chairman said with a serious expression, "Old Yu, stop keeping me in suspense, what exactly is the problem?"
Old Yu sighed and said, "I've seen Zhuang Yan's resume. It's very impressive. He graduated from a prestigious university in China, then studied abroad at another world-renowned university, and has worked for several Fortune 500 companies."
"After joining the company, I started as a middle manager. With my impressive resume, I have risen through the ranks over the years and became the company's vice president six months ago."
"but!"
As he spoke, Director Yu emphasized his words, waving the documents in his hand. His voice was a mixture of anger and emotion.
"These resumes are all fake, the academic qualifications are fake, the work experience is fake, and even the person himself is a complete fabrication; there's no way to find him."
Everyone was stunned for a moment, then shocked, and then there was an uproar.
“How is that possible? This is the company’s vice president…” someone questioned.
"Impossible. A fabricated identity wouldn't even pass the initial screening. How could someone become a vice president?"
"If it's true, it's incredibly bizarre. How could someone with a fake identity become the company's vice president?"
Everyone was talking about it, their faces full of disbelief.
Director Yu said with a heavy expression, "I can't believe this either. I first went to the police station through a friend to check Zhuang Yan's household registration information. There are quite a few people named Zhuang Yan, but none of them match the Zhuang Yan in our company."
“I checked his alma mater again, both domestic and foreign, and they have already replied that there is no such person at all.”
Seeing everyone's shocked expressions, Director Yu waved the documents in his hand. The report revealed Zhuang Yan's true identity. I checked, and it is indeed this person.
The chairman's face showed a mixture of anger and curiosity.
"Just who is this solemn person?"
Director Yu said, "Zhuang Yan's real name is Li Wei. He graduated from a junior college and has nothing to do with being an overseas student or a graduate of a prestigious university. He also has no experience working for a Fortune 500 company."
“Aside from working as a salesperson for a few years in the past, I have no other work record. I do have two criminal records, one involving pyramid schemes and the other involving suspected fraud.”
After he finished speaking, everyone looked at each other in disbelief. How could such a swindler become the company's vice president with a fake identity and a fake resume? If it hadn't actually happened, everyone would have thought it was a fantasy.
What about the vetting process? The company's HR vetting... and they can't even spot such an obvious oversight.
Everyone's eyes involuntarily turned to General Manager Zhao, their expressions meaningful. This is the company you manage, and the people you recommended.
Mr. Zhao was utterly devastated. He was incredibly unlucky. He had chosen Zhuang Yan because he was obedient, had an impressive resume, and was adept at flattering him, hoping to cultivate a trusted confidant. He never imagined he would encounter a fraudster, one whose identity and resume were entirely fabricated.
Who can I reason with? I can only swallow my anger and suffer in silence.
He stood up and bowed to everyone: "Chairman and fellow directors, this is my fault. I bear undeniable responsibility for hiring such a person and placing him in this position. I request the board to discipline him..."
"I will definitely be more strict in my oversight and reflect carefully to prevent this from happening again."
Seeing Mr. Zhao's anxious expression, the chairman sighed and waved his hand, saying, "We'll talk about your matter later."
He then looked at Director Yu and asked, "Old Yu, besides falsifying his identity, is there anything else he's involved in? How much of the company's assets has he embezzled?"
Director Yu said, "The materials show that there is clear evidence of more than 1.3 million. As for the exact amount, the company needs to conduct its own investigation. We don't know."
The chairman sighed and waved his hand, saying, "Investigate, we must investigate, we must investigate thoroughly."
“He must not only return all the money he embezzled, but also be held criminally liable.”
One director said, "If this gets out of hand, and the company's vice president is implicated in identity fraud, academic fraud, embezzlement, and bribery, won't that damage the company's reputation?"
These are words that Mr. Zhao also wanted to express: if things escalate, it will not only affect the company, but also his personal resume and future prospects. After all, he was the one who promoted him, and it will become a stain on his career.
But under these circumstances, he dared not speak, nor could he speak.
The chairman closed his eyes and pondered for a moment, then suddenly slammed his hand on the table and said in a deep voice, "Things have come to this point, and we can't hide them anymore. We can't be afraid of making a scene. As for Zhuang Yan, we must demand that the police severely punish him, make him a scapegoat, and let the whole company take this as a warning."
"As for the company's reputation, public opinion has two sides. If it is guided properly, bad news can be turned into good news, and even become free publicity for the company."
"President Zhao, you are still in charge of this matter. You must handle it well to atone for your mistakes."
Mr. Zhao immediately stood up and assured, "Chairman, please rest assured, I guarantee to complete the task, give you, all the directors, and all the shareholders an explanation, and not affect the company's reputation."
And so, the board meeting finally came to a close, and Li Wei faced his second case.
……
Chapter 87 Deng Jiajia Goes Abroad
As Li Wei's IT company filed a self-investigation report, he was charged with embezzlement in addition to fraud.
Since it is not a state-owned enterprise or a civil servant, it cannot be convicted of embezzlement and bribery. In China, embezzlement and bribery by private enterprises is called misappropriation of funds.
According to Article 271 of the Criminal Law, any employee of a company, enterprise, or other unit who, by taking advantage of his position, illegally appropriates the property of his unit for his own use, where the amount is relatively large, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention; where the amount is huge, he shall be sentenced to fixed-term imprisonment of not less than five years, and may also be sentenced to confiscation of property.
In summary, the threshold for conviction of embezzlement is 6 yuan. Amounts exceeding 6 yuan but less than 100 million yuan are considered substantial and are punishable by imprisonment of up to five years or detention.
A sum of more than one million but less than three million is considered a huge amount and is punishable by imprisonment for five years or more, and may also be subject to confiscation of property.
In addition, there is the crime of fraud. According to the Supreme People's Court and the Supreme People's Procuratorate's "Interpretation on Several Issues Concerning the Specific Application of Law in Handling Criminal Cases of Fraud", if the amount of fraud exceeds 500,000 yuan, it is considered an exceptionally large amount.
According to the Criminal Law, anyone who commits fraud involving an exceptionally large sum of money or other particularly serious circumstances shall be sentenced to imprisonment for ten years or more, or life imprisonment, and shall also be fined or have their property confiscated.
For fraud alone, Li Wei could face a minimum sentence of ten years and a maximum of life imprisonment.
If the two charges are combined, even if Li Wei pleads guilty, actively compensates the victims, and the victims choose to forgive him, the court will still give him a lenient sentence, with a minimum term of fifteen years.
If it's a slightly more serious offense, it's basically life imprisonment.
However, with Li Mu around, it's impossible for him to forgive, and Li Wei's company is unlikely to choose to forgive either.
Given that both the victim and the victim are demanding a severe sentence, the probability of Li Wei being sentenced to life imprisonment is quite high.
However, this case still has a long process to go through, and it will probably be several months before the court actually issues a verdict.
Deng Hui's case, on the other hand, was just sentenced in the last two days, with a five-and-a-half-year prison term.
On the day of the verdict, Deng Jiajia also went, showing neither sadness nor joy, as if she were an unrelated passerby.
It's a sense of relief, a feeling of ease. From now on, the gloom that had been weighing on my heart is completely gone, and I can start a new life freely, easily, and happily.
Deng Jiajia's study abroad application is going smoothly. She will soon finish her preparatory course and set off for the UK to begin her study abroad journey.
As the departure date drew closer, Deng Jiajia became increasingly frantic, as if she wanted to stick to Li Mu every day and couldn't bear to be apart from him.
Knowing that this was the last bit of time she would spend in the country, and not wanting any unexpected complications or trouble to arise, Li Mu could only try his best to agree to her requests.
Time flies, and more than a week has passed. Finally, the day to set off has arrived.
At Beijing Capital International Airport, in the waiting room, Deng Jiajia nestled in Li Mu's arms, tears streaming down her face.
"I'll be back after studying abroad for a few years, so please don't forget me."
"I won't forget her. Don't worry, how could I forget my Jiajia!"
"Then you promise."
"I promise!"
"Then you should call me often, people will miss you every day."
Li Mu comforted him, "Okay, but your studies should be your priority. Once you're in England, don't worry about things back home. Just focus on your studies."
"I hope that in a few years, I will see a confident and sunny Deng Jiajia who has become an elite returnee from overseas."
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