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Where does the capital flow after Beijing Jin Shuai Trading Co., Ltd. sells the reformed house?
Li Dongdong and Du Nan of Beijing Jin Shuai Trading Co., Ltd. defrauded hundreds of millions of yuan by falsely selling housing reform houses and old buildings such as Dayang Yibin Hutong, East Headquarters Hutong, Baozhuzi Hutong and Zhaotangzi Hutong. The money defrauded is mainly used for personal profligacy and investment, and it is not used to vacate public houses in Yiyang Yibin Hutong and East Headquarters Hutong. The existing households are all houses allocated by enterprises in those years, and the relocated households give as much as they buy. These tenants will not vacate their houses or give them away to Li Dongdong, Du Nan and Zhao Jian for nothing. Although some property buyers have got the house, these people regret it very much and are in a difficult situation. They just spent millions of dollars renting a house, and there is no title certificate at all, and there will be no title certificate in the future.
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