股市“捉妖”！

Core Viewpoint - The article discusses a significant criminal case involving the manipulation of the securities market through FOF (Fund of Funds) and private equity funds, highlighting the complexities and challenges faced by the prosecution in uncovering the truth behind the operations of the implicated parties [1][2][3]. Group 1: Case Background - In late 2023, a scandal involving a "30 billion yuan quantitative private equity fund" in Hangzhou shocked the capital market, with rumors pointing to a fund named "磐某基金" as the main orchestrator [2]. - The two main individuals behind the fund, 毛某 and 姚某, were already imprisoned at the time of the scandal, with 毛某 being a law graduate and 姚某 a financial expert [2]. - The fund had previously engaged in a stock battle over a stock code-named "企鹅," leading to their eventual control of the company [2]. Group 2: Criminal Activities - The fund's operators attempted to manipulate the stock price of "企鹅" by forming trading teams across multiple cities and using various accounts to execute concentrated trades [2][3]. - The operators had a history of regulatory scrutiny, having been fined 15 million yuan for illegal stock purchases, and they destroyed evidence when faced with investigations [3]. Group 3: Investigation and Prosecution - The Shanghai Municipal People's Procuratorate initiated a thorough investigation upon receiving directives from the Supreme People's Procuratorate, uncovering a network of financing and manipulation involving FOF and private equity funds [3][8]. - The prosecution team employed advanced AI tools to analyze complex financial structures and trace the flow of funds, leading to the identification of illegal activities disguised as legitimate financial operations [8][9]. - The case involved extensive data analysis, resulting in a comprehensive collection of evidence, including 200,000 words of case notes and reports [9]. Group 4: Legal Proceedings - The trial focused on the control relationships among the defendants and their intent to manipulate the market, with the prosecution presenting detailed evidence of the defendants' roles and actions [11][12]. - The court ultimately sentenced the main defendants to prison terms ranging from three and a half to seven years, along with substantial fines, while others involved in illegal operations received similar sentences [12].