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February 3, 2010

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Victims of theft get their valuables back

CHANGNING District police yesterday returned a batch of stolen goods and valuables worth 2.36 million yuan (US$345,685) to local residents.

They included a Volkswagen Passat, seven laptop computers, 16 PDAs and 1.96 million yuan in cash.

Chi Jinchun, president of a local international trading firm, stared at a pile of cash on a table, wondering if he had brought a bag big enough to take away the 820,000 yuan.

Chi said the money had been stolen by an employee, Zhang Jun, who took a total of 1.13 million yuan from 2007 to 2008.

Zhang had been working for the company for more than 15 years since he graduated from college and had won the trust of Chi and other colleagues.

Zhang used the money to invest in the stock market but he lost much of it. When he disappeared, the misappropriation of the company's funds was discovered.

During his days on the run, Zhang still dreamed of getting rich and spent 400,000 yuan on lottery tickets. But his only prize was one of 2,000 yuan.

"When we caught him in Zhejiang Province on September 28 last year, he had only 200 yuan in his pocket," said police officer Yang Ye.

Yang said they had to persuade Zhang's parents to take out all their savings and asked them to borrow money from other relatives to make up the company's losses.

"I'm more than satisfied as we never thought we could get a penny back when Zhang ran away," said Chi. "The police have saved our company from a great capital loss."

Meanwhile, Putuo District police also returned stolen goods to local residents yesterday which included 600,000 yuan in cash, several laptops, cameras and other items.


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