1952, Jiao was born in a family of traditional Chinese medicine in Harbin. Influenced by the family environment, she also became a nurse when she grew up and worked in the seventh hospital of Harbin. Later, she married a gastroenterologist After continuous efforts, at the age of 38, she became the trade union chairman of the hospital. Two years later, she made an amazing decision-to resign and prepare for the exam. Jiao was successfully admitted to Heilongjiang University of Chinese Medicine and became the oldest student in the class.
Around 1998, Jiao decided to give up medicine and go into business. Actually, she has a plan. Her husband and herself are both medical talents, so it is not difficult to develop green products and run a health industry. So, she spent 2 million yuan to establish Harbin Xia Ying Industrial Co., Ltd. Jiao is an ambitious woman, and she is not satisfied with the status quo. She has a flexible mind and uses the media to publicize her products and achievements for free. It is reported that her company is committed to the research and development of organic ecological agriculture and green nutritious and healthy food. In fact, the company is not operating properly, and everything is a cover.
With the improvement of people's living standards, medical care has been paid more and more attention. Soon, the industrial company became the leading agricultural enterprise in the whole province, and Jiao successively won the honorary titles of "March 8th Red Flag Bearer" and the entrepreneurial star of Heilongjiang Province in 2004. In order to show the strength of the company, she has registered many subsidiaries such as Xia Ying Science and Technology Trading Co., Ltd. and Lvxianhe Science and Technology Development Co., Ltd., and made herself a strong woman in business. With the help of media and packaging, she has become a business myth in Heilongjiang, with a net worth of billions.
Since 2002, Jiao's company began to introduce high interest rates in the name of options and shares to attract investment, thus conducting fund-raising fraud activities. In order to avoid the break of the capital chain, she proposed to raise interest and give high rewards. In fact, the policy has gradually delayed the repayment of principal and interest for various reasons. At that time, many people could not resist the temptation and chose to invest in her company and products. Then, Jiao introduced the original shares and other ways to attract investment, in order to achieve the purpose of illegally occupying investment funds. Most of the victims are middle-aged and elderly people, and most of them are women. Obviously, she took advantage of the old people's concern for health and preservation, and their love for petty gain and cheap, and achieved the purpose of cheating money.
In 2008, before investors reported the case, there was a problem with the cash flow of Jiao's company. 10, she illegally raised 2.2 billion yuan, and there were as many as 6,502 victims in Harbin alone. All the illusions she worked so hard to create finally revealed their true colors. In March 2009, she was arrested by the public security organs. 201016 jiao was sentenced to death by the court for committing the crime of fund-raising fraud and illegally absorbing public deposits, and all his personal property was confiscated.