Executive arrested, promise hard cash, 808 credit toward demise-IT information

As one of the first private capital into online loans industry representatives, 808 credit toward collapse in the end. Since October last year after it was revealed the project late, withdrawal dates changed, the platform has launched debt into shares, subscription of shares, disposal of assets and other self-help programme, turns back and failed to get rid of them, eventually by public security authorities on suspicion of illegal absorbing public deposit of file for investigation.

Executive arrested

Suspected of illegal absorbing public savings

Operating four-year old platform 808 credit come late events new progress. On December 5, it was "Huaian qinghe, Public Security Bureau economic investigation" Twitter disclosure, on June 3, 2016, approved by the qinghe district people's Procuratorate, qinghe District Investigation Brigade on suspicion of illegal absorbing public deposits according to law Lin GB, Lin Mouqing, Zhang Executive arrested. The investigation, since April 2014, three people opened jointly with another zero-BA BA investment limited, Jiangsu, "808 credit" P2P platform China not specific mass deposits involving 390 million unpaid ICs, causing huge economic losses to people.

Business and information display, 808 credit was established on April 27, 2011, legal representative, Lin guoqing, the registered capital of 25 million Yuan. Beijing reporter notes that management exception list in the company due to report before June 30, 2016, 2015 submitted not according to stipulations. 808 credit foreign investment a "Huaian Shun Yuan investment management limited", however, this company has been cancelled.

In fact, the platform had been stellar. In July 2015, the Asian Finance Association's "2015 China's financial Summit and the integrity awards ceremony", 808 credit platform "2015 Chinese finance, the Internet integrity financial enterprises" title. Currently, 808 credit official website has been unable to open.

Data show that as of August 16, 2015, the turnover was 587 million yuan of the platform until the charge balance of 445 million Yuan, large late principal 44.64 million Yuan. Large were large mortgage overdue project.

Worth noting is that the police arrested 808 credit about personnel on June 3, which also completely cut off investor 808 credit recovery is thought, after 808 credit promised to "ensure normal withdrawal prior to June 30, 2016."

In fact, in May this year, 808 credit has come to an end. On May 4, Huaian qinghe branch of Public Security Bureau issued a bulletin to the Jiangsu BA 0 BA investments limited notice of suspected crime of illegal absorbing public deposits, said, Public Security Bureau of 808 credit suspected crime of illegal absorbing public savings have been filed for investigation and its legal representative Lin guoqing was detained under law.

Life difficult

Had launched the debt-for-equity self-help initiatives

808 credit is not wanted to run the platform from the very beginning, has also taken a series of measures after the accident in the platform, launched the assignment of claims and trying to save the asset disposal programme.

Erupted in October, after which the November 5, 808 credit launched the "debt-for-equity" programme, rights issue is divided into two types: cash subscription and non-subscription withdrawal amount, subscribe using non-cash amount more "concessions". Investment online form to subscribe intent, and confirm the subscription amount, this subscription period as of November 10, 2015. After the end of the subscription period, the company will be based on the actual progress of work available to the investor. It is understood that the share public subscription program subscription for the second round. 808 credit round rights issue has been released on October 22. Last round of subscription amounts issued 15 million shares, 2 Yuan per share, a total of 30 million Yuan, the platform says finished 15 minutes to grab.

In addition to the assignment of claims, the platform assets disposal measures have also been taken. Beijing business today who contact the 808 credit of a staff member, the staff, overdue items, court judgments, are for sale disposal. According to the platform, released on November 8 "split caused by zero-BA all investor letter" appears in court disposition of the collateral has entered the auction process, may dispose of claims of 69 million Yuan, Lin guoqing, head of the platform of publicity and letters of personal assets.

When the platform when there is a problem, this kind of assignment, rights issue initiatives can play a useful role? Su Ning Xue Hongyan, a senior researcher of the Institute of finance said that in the current industry environment and public opinion environment, once the platform has failed to timely payment of funds, it is easy to trigger run surge and bring disaster to the platform. Based on this, the online lending platform, a good reputation is the first asset, the platform would normally expire at all costs to ensure timely payment of funds. In this case, the so-called assignment, rights issue and other follow-up solutions feasibility and actual effect is to be discounted, usually temporary, because if the scheme, payment problems should not occur.

Origin late

Late storm triggered a crisis of confidence

808 credit with savage in net loan industry after a period of years, also did not escape problems such as poor management and lax risk control, due to the outbreak of late submission, then fall into a crisis of confidence, eventually come to an end.

Since last October 9, just a few days, 808 credit directed three announcements, large lending platform late respond to crisis, and appealed to investors for the platform 20 days "probation period".

Platform was called, "the incident is completely due to the company's leadership crisis awareness on the lack of, not fully prepared, and all investors are expected to give the company leadership is 20 days time, used to raise money, court force claims and corporate and personal assets, to fully restore the normal operations of the company."

However, the platform has failed to fulfil its promise. In the months after, 808 credit frequent announcements, change the withdrawal scheme twice and changed to say "before June 30, 2016 to ensure normal withdrawal". In this regard, the net loan House Chief Ma, a researcher at the Beijing business today said, "this much, said before can be solved, but it will be better and worse. Finance is based on trust, we lost confidence, follow-up funding was gone. Some borrowers, seeing this, may also deliberately dragged don't pay. "

A job at a Beijing newspaper "808 forest national report on recent work" in the recorded file, Lin guoqing said platform and the biggest problem is not overdue, but a crazy run. Lin guoqing said in a bulletin released on November 8 last year, "808 platform never announced the closure and liquidation of credit."

For platform runs encounter problems, said Xue Hongyan, runs the biggest issue is liquidity crisis, under normal operating conditions, online lending platform will remain relatively stable inflows and outflows through prior liquidity measure, Basic you can guarantee the liquidity balance.

高管被捕，承诺难兑现，808信贷走向覆灭 - IT资讯

作为第一批进入网贷行业的民间资本代表，808信贷最终还是走向覆灭。自去年10月被曝出项目逾期之后，提现日期几经修改，该平台先后推出债转股、认购股权、资产处置等多种自救方案，兜兜转转数个来回，并未能摆脱危机，最终还是被公安机关以涉嫌非法吸收公众存款罪立案侦查。

高管被捕

涉嫌非法吸收公众存款

运营四年的老平台808信贷的逾期事件终于迎来新进展。12月5日，据“淮安市公安局清河经侦”微博披露，2016年6月3日，经清河区人民检察院批准，清河区经侦大队依法对涉嫌非法吸收公众存款的林国某、林某庆、张某执行逮捕。经查，2014年4月以来三人伙同他人开设江苏捌零捌投资有限公司，以“808信贷”P2P平台，面向中国不特定群众吸收存款，涉及3.9亿元未兑付，给群众造成巨大经济损失。

工商信息显示，808信贷成立于2011年4月27日，法人代表为林国庆，注册资金2500万元。北京商报记者注意到，该公司被列入经营异常名录，原因在2016年6月30日前未按规定报送2015年度报告。808信贷对外投资了一家“淮安顺源投资管理有限公司”，不过，目前此公司已经被注销。

事实上，该平台曾风光一时。2015年7月，在亚洲金融协会主办的“2015中国金融峰会暨诚信金融颁奖盛典”上，808信贷平台获得“2015中国诚信金融·互联网金融十强企业”称号。目前，808信贷的官网已经无法打开。

数据显示，截至2015年8月16日，该平台成交额为5.87亿元，待收余额4.45亿元，大额逾期本金4464万元。其中，大额逾期均为大额房产抵押项目。

值得注意的是，此次警方披露逮捕808信贷有关人员的时间为6月3日，这也彻底切断了投资人对808信贷恢复提现的念想，此前，808信贷曾承诺“2016年6月30日之前保证恢复正常提现”。

事实上，今年5月，808信贷就已经走向末路。5月4日，淮安市公安局清河分局发布公告《关于江苏捌零捌投资有限公司涉嫌非法吸收公众存款犯罪的公告》，公告称，公安局对808信贷涉嫌非法吸收公众存款罪已经立案侦查，并且对其法人代表林国庆依法采取了刑拘。

生机难现

曾推出债转股自救举措

808信贷并非是从一开始就想跑路的平台，在平台出事之后也采取了一系列措施，推出了债权转让以及资产处置等方案试图自救。

在10月曝出逾期之后，11月5日，808信贷推出“债转股”方案，股权认购方式分为两种：可提现金额认购和非可提现金额认购，其中使用非可提现金额进行认购更加“优惠”。投资需网上填写认购意向，并确认认购金额，本轮认购期截至2015年11月10日。认购期结束后，公司将根据实际工作进度向投资人公布。据了解，此次股权公开认购方案为第二轮认购。808信贷已于10月22日发布过一轮股权认购。上一轮认购共计发布1500万股，每股2元，合计3000万元，平台称15分钟抢完。

除了债权转让，该平台还采取了资产处置的举措。北京商报记者曾联系到808信贷的一位工作人员，该人员介绍，对于逾期项目，法院已有判决，正在进行拍卖处置。据平台11月8日发布的“致捌零捌所有投资人一封信”中显示，经法院判决处置的抵押物已进入拍卖程序，可处置债权6900万元，并且信件公示了平台负责人林国庆的个人资产。

当平台出现问题时，这类债权转让、股权认购的举措能发挥多大作用？苏宁金融研究院高级研究员薛洪言表示，在当前的行业环境和舆论环境下，一旦平台未能及时兑付资金，很容易引发投资者挤兑潮，给平台带来灭顶之灾。基于此，对网贷平台而言，良好的信誉是第一宝贵资产，平台通常会不惜一切代价来确保到期资金的按时兑付。在这种情况下，所谓的债权转让、股权认购等后续解决方案的可行性和实际效果是要打折扣的，通常只是权宜之计，因为如果方案有效，兑付问题就不应该出现。

缘起逾期

逾期风波引发信任危机

808信贷伴随网贷行业野蛮生长几年后，也没能逃脱经营不善、风控不严等问题，因爆发逾期问题，之后又陷入信任危机，最终走向末路。

自去年10月9日起，短短数日，808信贷连发三封公告，针对平台出现的大额借款项目逾期危机做出回应，并请求投资者给予平台20天“缓刑期”。

平台当时称，“此次事件，完全是由于公司领导层对危机意识不足造成，没有充分做好准备，同时，期待所有投资人能给予公司领导层20天的宝贵时间，用于筹集资金、处理法院宣判生效的债权和公司及个人名下资产，来完全恢复公司的正常运营”。

不过，平台并未能履行诺言。在之后的一个月时间里，808信贷频发公告，两次更改提现方案，并改口称“2016年6月30日之前保证恢复正常提现”。对此，网贷之家首席研究员马骏曾对北京商报记者表示，“这种情况见多了，之前说能解决，但情况肯定会越来越恶化。做金融靠的就是信任，大家信心丧失了，后续的资金也就没有了。也有一些真实借款人，看到这种情况，也可能会故意拖着不还钱”。

在北京商报记者找到的一份“808林国庆近期工作汇报”的录音文件中，林国庆表示，平台目前最大的问题不是逾期，而是出现了疯狂挤兑。林国庆在去年11月8日发布的公告中称，“808信贷平台永不宣布关闭、清算”。

对于平台遇到的挤兑问题，薛洪言表示，挤兑带来的最大问题是流动性危机，正常经营情况下，网贷平台会保持相对稳定的资金流入和流出，通过事先的流动性测算，基本可以保证流动性均衡。