“低价组织旅游、拉人投资夸大收益”，湖南云台山茶旅集团非法集资127亿元，李亮等七人被判刑

Core Points - The Yiyang Intermediate People's Court sentenced Li Liang and six others for fundraising fraud and money laundering, with Li receiving a life sentence and confiscation of all personal property [1][3] - The defendants illegally raised over 12.7 billion yuan (approximately 1.9 billion USD) from November 2015 to March 2023, causing losses of over 2.9 billion yuan (approximately 430 million USD) to investors [3][4] Group 1: Legal Proceedings - The court found that Li Liang and others operated without the qualification to absorb public deposits, using the name of Hunan Yuntai Mountain Tea Travel Group Cultural Co., Ltd. to mislead the public [3] - The defendants used high-interest rates as bait and conducted false advertising to gain the trust of investors, while concealing the severe losses of their projects [3][4] - The court is currently in the process of asset recovery, with some funds and properties already seized [4] Group 2: Company Background - Hunan Yuntai Mountain Tea Travel Group Cultural Co., Ltd. was established in 2015 with a registered capital of 50 million yuan (approximately 7.3 million USD) and a paid-in capital of 13.93 million yuan (approximately 2.0 million USD) [11] - The company claimed to focus on scenic area development, tea culture promotion, and various tourism-related services, but its official website is currently inaccessible [11][16] - The company attracted members by offering low-cost travel opportunities, which were actually used to promote investment in their projects, promising high annual returns [16]