According to Jiemian News, the Judgment Documents Network disclosed that in August 2020, Li Yulin, the former Party Secretary of Huludao Bank, colluded with Li Xiaodong, the president of the bank, and shareholders Duan Moutao and Zhou Moulong to fabricate an asset management plan on the grounds of resolving non-performing assets and misappropriated 2.6 billion yuan of bank funds. In September 2020, Zhou Moulong and Xiang Mou (handled in another case) and others illegally converted more than 1.8 billion yuan into foreign currency and transferred it to the Hong Kong company account controlled by Duan Moutao. Xiang Mou and Chen Mou and others purchased virtual currency at a high price in the virtual currency trading WeChat group, and sold it through overseas virtual currency buyers and exchanged it into US dollars, which was remitted to Duan Moutao's Hong Kong company account. The court determined that Chen Mou knew that the source of funds was illegal, but still helped to convert it into virtual currency and transfer it abroad, constituting the crime of money laundering. He was sentenced to 2 years and 3 months in prison and fined 2 million yuan, and the illegal gains were recovered.