A man in Wenzhou smuggled diamonds worth 200 million. What was the reason for his move?

A man in Wenzhou smuggled diamonds worth 200 million yuan. When asked about the reason for the crime, he claimed that it was because the cost of raising a second child was too high.

Chen, who was born in 1982, worked as an apprentice with a jewelry master in his early years. Because he was smart and capable, he later started his own business and started a jewelry repair business.

After several years of hard work, he became somewhat famous in Wenzhou's jewelry industry and made a lot of money. Later, he married a wife and had children, forming a happy family of four.

In around 2015, Chen Moumou discovered a very profitable business opportunity in his diamond business. He found that if you trade diamonds through the Shanghai Diamond Exchange, the only legal channel in the country, you need to pay a tax of 4. However, if you smuggle it into the country through water passengers, you only need to pay a benefit fee of 1.

Chen Moumou considered that since the family had a second child, the expenses were much higher than before, so he thought of smuggling diamonds to reduce costs and seek higher profits.

Under the trend of interests, Chen Moumou and others formed a WeChat group with middlemen and water customers. Based on the diamond information obtained from the international diamond trading platform, they searched for buyers and placed orders through the WeChat group or Moments. Then the goods are shipped by suppliers in India or agents in Hong Kong, and finally the middlemen in Shenzhen arrange for smugglers to smuggle them over.

An investigation after the incident showed that since 2017, among the business representatives of foreign diamond websites, Liu alone had sent express delivery to Chen a whopping 669 times.

These smuggled loose diamonds have basically been cut, and all have GIA certificates and corresponding coded radiation codes.

After receiving the diamonds, they will carry out further intensive processing, and then provide them to peers who sell jewelry or some individual customers, and the profit can be 1-2 percentage points.

From February 2017 to August 2020, Chen Moumou and others smuggled more than 9,400 diamonds worth up to 200 million yuan, and evaded more than 37 million yuan in taxes.

On September 1, 2020, under the simultaneous launch and deployment of the "National Sword 2020" special operation of the General Administration of Customs in multiple places, the water gang in Shenzhen was captured, and then they were traced out. Chen Moumou and other criminal associates.