Core Viewpoint - The Zhejiang Overseas Chinese financial risk event, which has been ongoing for nearly a year, is making significant progress with the core suspect, Yu Zhiwei, expected to be transferred to the prosecution soon. The case involves over 7 billion yuan in fraudulent fundraising activities [3][6]. Group 1: Case Developments - Yu Zhiwei, a key figure in the Zhejiang Overseas Chinese system, is set to be prosecuted, with 25 mid-to-senior level personnel already arrested [3][6]. - The investigation has revealed that the Huashiao Bao P2P platform did not comply with regulatory requirements for clearing its business, instead transferring 150 million yuan of outstanding business to the Qiaohang Tianxia APP, marking a turning point in the accumulation of risks [4][10]. - The technology team of Muniu Technology, under Yu Zhiwei's direction, engaged in systematic fraud, including the forgery of electronic signatures and the creation of false transaction records [6][7]. Group 2: Investment Products and Fraud Mechanism - The investment logic behind the online and offline gold financial products was based on the premise that investors would receive rental income from gold leased to Zhongxin International, which later collapsed when it was revealed that the agreements were forged [7][8]. - Despite the fraudulent nature of the agreements, the strategic cooperation framework between China Gold Group and Huashiao Fund was confirmed to be real, complicating the narrative of the fraud [8][9]. - Investors were misled into believing they could redeem physical gold at China Gold's stores, with 79 investors reportedly having made 159 withdrawals totaling 23,250 grams of gold [8][9]. Group 3: Regulatory Oversight and Compliance Issues - The transfer of Huashiao Bao's business to Qiaohang Tianxia was seen as a regulatory evasion tactic, as P2P platforms were required to complete their business clearance by the end of 2020 [26][27]. - The complexity of the ownership structure, involving multiple layers of shareholding and related companies, has raised concerns about regulatory oversight and compliance [27][31]. - The lack of timely intervention by regulators allowed the fraudulent operations to continue, leading to a larger accumulation of risks that ultimately resulted in the financial collapse [26][27].

Core Viewpoint - The Zhejiang Overseas Chinese financial risk incident continues to evolve, with key personnel facing prosecution and significant evidence emerging regarding fraudulent operations and regulatory evasion [1][3][4]. Group 1: Case Developments - The core suspect, Yu Zhiwei, is expected to be transferred to the prosecution by September 2024 [3]. - A total of 25 mid-to-senior level personnel from the Overseas Chinese system have been approved for arrest, with investigations expanding [4]. - Key technical personnel from Niuniu Technology, including the technical head Wang, have been detained, which may provide crucial evidence for the case [4]. Group 2: Regulatory Evasion - The P2P platform Huachao Bao failed to comply with regulatory requirements and transferred 150 million yuan of existing business to the Qiaohang Tianxia APP, marking a turning point in the accumulation of risks [2][8]. - This transfer occurred during a nationwide "zeroing" of P2P platforms, indicating a significant regulatory oversight issue [2][15]. Group 3: Investment Operations - The investment logic behind the online and offline gold financial products was based on investors purchasing gold and authorizing Zhongxin International to operate it, which later collapsed when the agreements were found to be fraudulent [5][7]. - Despite the appearance of a closed-loop operation, the key agreements related to the repurchase of financial products were deemed fake by Zhongxin International and China Gold Group [7]. Group 4: Internal Communications and Strategies - Internal documents revealed a standardized script used by Huachao Bao to justify the transfer of clients and business to Qiaohang Tianxia, citing regulatory uncertainties [13]. - The script emphasized that the new platform was compliant and not a P2P platform, while concealing the actual withdrawal of services [13][15]. Group 5: Structural Complexity - The operational structure of Huachao Bao involved multiple layers of shareholding and related companies, complicating the regulatory landscape [17][18]. - The original operator of Huachao Bao, Zhejiang Junzheng Yingyun Network Technology Co., has connections to the Overseas Chinese system, indicating a deeper entanglement in the financial misconduct [17][18].

Group 1 - The article reports on a case of fundraising fraud involving individuals Wang Mouqing and Cui Moudong, who developed and operated the "Shupai" APP to illegally solicit funds from the public with promises of high returns [1] - The investigation began in March 2024, and multiple suspects have been taken into custody as part of the legal proceedings [1] - The police have provided instructions for victims to report their involvement, including necessary documentation such as identification and transaction records [2][3] Group 2 - Participants in the fraudulent scheme are encouraged to cooperate with the police investigation and to report any relevant information truthfully [3] - The authorities have warned against spreading rumors or participating in illegal gatherings, emphasizing that such actions will lead to legal consequences [3]

Core Viewpoint - The article reports on a recent investigation by the Public Security Bureau of Linyi City, Shandong Province, regarding a fundraising fraud case involving individuals Wang Mouqing and Cui Mouldragon, who operated the "Shupai" app to illegally solicit funds from the public with promises of high returns [1]. Group 1 - The suspects, Wang Mouqing and Cui Mouldragon, developed and operated the "Shupai" app since March 2024, using a platform auction model to attract investments under false pretenses [1]. - The investigation has led to the implementation of criminal coercive measures against multiple suspects, and efforts are underway for case handling, judicial auditing, and asset recovery [1]. Group 2 - Participants in the fundraising scheme are encouraged to report to the police with necessary documentation, including identification and proof of transactions, to assist in the investigation [4]. - The police have outlined two methods for reporting: in-person registration and postal reporting, emphasizing the importance of providing truthful information to avoid legal consequences [4][5].

Core Viewpoint - The article reports on a recent investigation by the Public Security Bureau of Linyi City, Shandong Province, into a suspected fundraising fraud case involving individuals Wang Mouqing and Cui Moudong, who operated the "Shupai" app to illegally solicit funds from the public with promises of high returns [1]. Summary by Sections Investigation Details - The investigation began in March 2024, focusing on the operation of the "Shupai" app, which utilized a bidding model to attract investments under the pretense of high returns [1]. - Multiple suspects, including Wang Mouqing and Cui Moudong, have been subjected to criminal coercive measures as part of the ongoing investigation [1]. Reporting and Evidence Submission - Participants in the fundraising scheme are encouraged to report to their local police stations with relevant documentation, including copies of their ID, transaction records, and any other evidence related to the case [4]. - For those unable to report in person, a written statement along with copies of supporting documents can be mailed to the Linyi City Public Security Bureau [4]. Public Cooperation and Legal Compliance - The article urges participants to cooperate with the police investigation, provide truthful information, and refrain from spreading rumors or participating in illegal gatherings [5]. - Legal consequences will be pursued against individuals engaging in activities that disrupt social order, such as spreading rumors or illegal assembly [5].

款凭证(可到银行打印投资期间的投资、收益银行账户 往来明细并加盖银行印章,或打印投资期间网银、支付 宝、微信凭证截图等）。 今天，山东临沂市公安局罗庄分局发布通告，称对王某庆、崔某龙等人涉嫌集资诈骗案立案侦查。经查，2024年3月以来， 犯罪嫌疑人王某庆、崔某龙等人开发并运营"树拍"APP，利用平台参拍委拍模式，以非法占有为目的，以高额回报为诱饵 向社会不特定群体募集资金。目前，王某庆、崔某龙等多名犯罪嫌疑人已被依法采取刑事强制措施，案件侦办、司法审 计、追赃挽损等工作正在积极有序推进。通告详情如下： 联系电话:0539-8345330 临沂市公安局罗庄分局 （文章来源：央视新闻） 3. 其他能反映案件情况的相关凭证、POS单据、收 据、照片、网页截图、宣传资料、提货记录等相关资 料。 (二)邮寄报案。集资参与人若有特殊原因不能当 面到公安机关登记报案,可如实自书情况说明(包括: 集资参与人基本情况、参与过程、付款及收益等),连 同相关证明材料复印件(使用红色印泥逐页签名捺 印）,一并邮寄至临沂市公安局罗庄分局经侦大队(邮 寄地址:临沂市罗庄区湖北路67号,邮编:276000,收 件人:临沂市公安局罗庄分局经 ...

Group 1 - A major illegal fundraising case involving over 10.7 billion yuan was publicly sentenced by the Dalian Intermediate People's Court on August 1 [1] - Defendant Jin Cheng was sentenced to life imprisonment for fundraising fraud and money laundering, with all personal assets confiscated [1] - Defendant Li Jing received a 16-year prison sentence and a fine for similar charges, while defendant Cao Jingyu was sentenced to 13 years and 6 months in prison along with a fine for fundraising fraud and illegal public deposit acceptance [1]

Core Viewpoint - The rise of stablecoins has led to an increase in illegal fundraising activities, with fraudulent entities exploiting public ignorance about stablecoins to attract investments through misleading claims and scams [1][2]. Group 1: Characteristics of Illegal Fundraising - Lack of qualifications: Entities involved in illegal fundraising do not have the necessary approvals or registrations from the State Council's financial management departments [2]. - Conceptual packaging: Fraudsters use terms like "stablecoin," "decentralized finance," and "Web 3.0" to create confusion and mislead investors [2]. - False promises: These entities often make exaggerated claims of guaranteed returns, high fixed income, and capital protection to lure investors [2]. - Fund pool operation: The operational model relies on attracting new investors to pay returns to earlier investors, creating a risk of significant losses if the funding chain breaks [2]. Group 2: Regulatory and Preventive Measures - Continuous monitoring: Authorities need to strengthen dynamic supervision of illegal fundraising and fraud activities, providing early warnings [2]. - Administrative enforcement: There is a need to explore administrative enforcement models to eliminate illegal fundraising at an early stage [2]. - Criminal prosecution: Regulatory bodies should enhance the connection between financial regulation and criminal prosecution, ensuring timely legal action against suspected criminal activities [2]. Group 3: Investor Awareness - Caution against false advertising: Investors should be wary of high-return promises and remember that high returns are often associated with high risks [3]. - Verification of legitimacy: It is crucial for investors to verify the legal qualifications of institutions and products through official channels before investing [3]. - Reporting illegal activities: Investors are encouraged to report any illegal fundraising activities related to stablecoins to law enforcement to protect their assets [3].

Core Viewpoint - The article discusses a significant financial fraud involving a company called Huashiao Holdings, led by its actual controller Yu Zengyun, who has allegedly orchestrated a scheme that defrauded investors of 7 billion yuan, leaving over 100,000 investors with substantial losses. The company's executives have been arrested, while Yu and two other bosses have fled the country [1][3][30]. Group 1: Company Overview - Huashiao Holdings, under the leadership of Yu Zengyun, was involved in a fraudulent gold investment scheme that promised high returns to investors [5][9]. - The company operated a financial platform called "Qiaohang Tianxia," which presented itself as a legitimate investment opportunity in gold leasing, attracting investors with returns between 5.2% and 7.3% [7][11]. - By mid-2023, Huashiao Holdings managed over 20 billion yuan in funds, but by September 2023, the company abruptly stopped all gold investment payouts, leading to a crisis among investors and employees [20][22]. Group 2: Financial Impact - The financial report for 2024 indicated that the revenue of a related entity, Jiubianli, fell to 1.679 billion yuan, a decrease of 3.77%, with a net loss of 109 million yuan, a staggering drop of 468.03% [1][3]. - The total amount of unpaid funds from the gold leasing business reached over 4 billion yuan, with total unpaid amounts exceeding 7 billion yuan across various financial products [24][26]. - The fraudulent activities have severely impacted the reputation of China Gold, which denied any association with Huashiao Holdings, stating that the contracts were forged [26][29]. Group 3: Legal and Regulatory Developments - Yu Zengyun has been wanted for suspected fundraising fraud since September 2024, leading to a series of investigations and legal actions against the company and its executives [3][34]. - Nine executives from Huashiao Holdings have been detained, while Yu and two others have confirmed their departure from the country [33][34]. - Investigations revealed that investor funds were not used for gold purchases but were instead funneled into numerous shell companies, with significant amounts transferred overseas [26][27].

华夏时报（www.chinatimes.net.cn）记者 胡金华 上海报道 又一起打着康养项目投资、向不特定人群尤其是老年人群体兜售高额回报的集资诈骗案件细节浮出水面。 "因为报案最早，我已经拿到了我的投资本金。还有很多投资者也报案了，正在等待警方处置，他们都希望能尽早 拿回资金。"回顾之前投资山屿海康养项目的经历时，杭州投资人王阳（化名）对《华夏时报》记者心有余悸地 说。 早在今年4月27日，上海和杭州两地警方同步对上海山屿海投资集团有限公司（下称"山屿海投资集团"）及其分支 机构立案侦查，涉嫌罪名直指非法吸收公众存款罪。 据了解，山屿海投资旗下电子产品租赁平台麦子租赁突然资金链断链，投资者无法提回资金，这个承诺12%收益 的数码租赁项目，在今年3月份开始拒绝投资者提现。有3000多名投资者发现，自己租赁的手机从未见过真容，2 亿元到3亿元资金消失在虚拟交易中；另外山屿海最主要的项目康养业务涉及22亿元资金，两项合计达到26亿元。 "最主要的还是老年人群体轻信各类高收益诈骗项目，所谓数码租赁业务，这种早已经被淘汰的营运模式竟然还能 吸引人参与，非常让人难以理解；但是挂钩旅居养老+财富增值的名头，也难保老年 ...