Core Insights - Gold is becoming one of the most sought-after investment assets in 2025, leading to a surge in public investment enthusiasm and resulting in market chaos [1] - Various local governments have issued risk warnings regarding illegal activities in the gold sector, highlighting the diverse methods employed by criminals [2] Group 1: Market Dynamics - The high gold prices have coincided with a rise in illegal activities, prompting multiple cities, including Beijing, Shenzhen, and Xiamen, to issue risk alerts [1] - Shenzhen's warning specifically addresses illegal financial activities in the gold sector, including unauthorized "gold entrustment," "gold leasing," and "gold investment," which are linked to illegal fundraising, fraud, gambling, and illegal operations [1][2] Group 2: Criminal Activities - Criminals are luring investors with promises of "guaranteed returns," "zero risk," and "high returns," leading to participation in illegal fundraising activities [1] - In Shenzhen, the largest gold and jewelry market in China, some gold merchants have faced operational irregularities, with reports of "exploding" businesses due to illegal betting practices disguised as pricing models [1] Group 3: Regulatory Response - Local industry associations, such as the Shenzhen Gold and Jewelry Association, have issued warnings and taken action against several gold companies suspected of operating illegal gambling activities [1][2] - The article emphasizes the need for investors to be vigilant and to invest through legitimate channels, while urging regulatory bodies to enhance scrutiny of cross-industry operations and implement thorough oversight of new trading models [2]

Core Viewpoint - The "Hehe System" illegal fundraising case has been brought to trial, involving over 100 billion RMB in illegal fundraising activities by several companies and individuals, highlighting significant regulatory violations in the financial sector [1][2]. Group 1: Case Overview - The trial involves Hehe Asset Management (Shanghai) Co., Ltd., Shanghai Hehe Enterprise Management Co., Ltd., and Shangzhi Fengyuan (Beijing) Fund Sales Co., Ltd., along with several individuals accused of fundraising fraud, illegal public deposit acceptance, and money laundering [1][2]. - From January 2019 to August 2023, the accused, led by Lin Qiang, engaged in illegal fundraising activities by promoting fictitious investment products and promising annual returns of 6% to 10.5%, resulting in over 100 billion RMB raised from the public [2][3]. Group 2: Financial Misconduct Details - The total amount of illegal funds raised is reported to exceed 100 billion RMB, with over 30 billion RMB in principal remaining unpaid, primarily used for repaying investors and personal expenditures [2][3]. - Lin Qiang and others are accused of using fraudulent methods to conceal the origins of the illegally raised funds, with over 800 million RMB transferred through various means to hide the proceeds [3]. Group 3: Legal Proceedings and Consequences - The public prosecution asserts that the involved companies and their responsible personnel committed serious financial crimes, including fundraising fraud and illegal public deposit acceptance, with significant amounts involved [3]. - Lin Qiang has been reported missing since late August 2023 and was later detained in Indonesia, with international cooperation leading to his return to China for prosecution [5][6].

Core Points - The "Hehe System" companies are involved in a large-scale illegal fundraising case, with over 100 billion RMB raised illegally and over 30 billion RMB in unpaid principal [1][2][3] - The trial involves multiple defendants, including Lin Qiang, who is accused of fraud, illegal fundraising, and money laundering [2][3] - The companies used deceptive practices to attract investors, promising annual returns of 6% to 10.5% and misrepresenting their financial products [2][3] Group 1 - The "Hehe System" companies, including Hehe Asset Management (Shanghai) Co., Ltd., are accused of illegal fundraising and fraud, with a total of over 100 billion RMB raised from the public [1][2] - The defendants, including Lin Qiang and others, are charged with serious financial crimes, including illegal fundraising and money laundering, with evidence presented during the trial [3] - Lin Qiang, the actual controller of the companies, was reported missing in August 2023 and was later detained in Indonesia before being repatriated to China [4] Group 2 - The companies have acknowledged severe financial difficulties, stating they are unable to meet repayment obligations and have suspended all repayment activities [7] - The financial troubles were attributed to various factors, including the impact of the pandemic and challenging market conditions, leading to significant operational risks [7]

Core Points - The Shanghai Second Intermediate People's Court will publicly hear a case involving the "Hehe" companies and several individuals accused of fundraising fraud, illegal public deposit acceptance, and money laundering on November 19-20, 2025 [1] - The public prosecution alleges that from January 2019 to August 2023, the defendants, led by Lin Qiang, engaged in illegal fundraising activities amounting to over 100 billion RMB, with over 30 billion RMB in unpaid principal [4][7] - The defendants are accused of using fraudulent methods to attract investments by promising annual returns of 6% to 10.5%, while most of the raised funds were used to pay back previous investors [4][7] Summary by Sections Legal Allegations - The defendants violated multiple laws, including the Securities Investment Fund Law and regulations on private asset management, by promoting unapproved investment products [4] - They employed tactics such as splitting private investment products into multiple offerings and misleadingly using previously registered but liquidated products to attract investors [4] Financial Impact - The total amount of illegally raised funds is reported to exceed 100 billion RMB, with a significant portion used for repaying investors rather than legitimate business operations [4][7] - The defendants are accused of transferring over 800 million RMB of the illegally raised funds to conceal their origins [7] Court Proceedings - The court proceedings have attracted significant public interest, with over 130 attendees, including representatives from the Shanghai People's Congress, political advisors, and affected investors [7] - The court will announce its verdict at a later date [8]

Core Viewpoint - Recent fraudulent activities have emerged using the name of Greenland Hong Kong, promoting a fictitious "China Dream Special Social Security Fund" and other investment products, which the company has denied any association with [1][5][6] Group 1: Fraudulent Activities - Fraudsters are using fake apps and social media to promote the so-called "Greenland Hong Kong Special Social Security Fund," claiming that individuals over 40 can receive monthly payments ranging from 450 to 1075 yuan [1][3] - The company has reported that these scams involve high returns and recruitment of new participants, which are classic signs of Ponzi schemes [1][6] - A recent investigation revealed that scammers are actively promoting these fraudulent schemes on popular social media platforms, misleading users into downloading unauthorized applications [3][4] Group 2: Company Response - Greenland Hong Kong has issued a statement warning the public about these fraudulent activities and has reported the matter to law enforcement [2][5] - The company clarified that it has never developed or authorized any official apps related to social security funds or similar investment products [5][6] - Legal actions are being pursued against those who misuse the company's name and logo for fraudulent purposes, with the potential for significant legal repercussions for the perpetrators [6]

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]

Group 1 - Zhengzhou University First Affiliated Hospital's West Campus has ceased operations less than a year and a half after opening, with a total area of 56.02 acres and a construction area of 86,100 square meters, including 600 beds across 15 wards [1] - The hospital previously promoted a "one hospital, five districts" model, which has now been replaced by a "one hospital, three districts" model, focusing on high-level tertiary care [1] Group 2 - In Yantai, a tragic accident occurred when a large dump truck, which was overloaded by more than four times its capacity, overturned and crushed a car, resulting in the death of a local teacher [2] - The truck was reported to have been modified and was traveling at a speed of 32 km/h in a 30 km/h zone at the time of the accident [2] Group 3 - A misunderstanding occurred in Hainan when a hotel guest mistakenly entered another guest's room, leading to a physical altercation; the hotel staff's error was acknowledged, resulting in the dismissal of the involved employee [3] Group 4 - A significant legal case in Shanxi involved a pharmaceutical sales representative who was wrongfully convicted of drug manufacturing; after serving 1,618 days in custody, he was acquitted and is now seeking compensation of over 1.15 million yuan [4] Group 5 - In Nanning, a sanitation worker was filmed cleaning up water from stone gaps in a park, which was later clarified as a necessary safety measure to prevent accidents [5][6] Group 6 - A major illegal fundraising case in Hunan involved the collection of over 12.7 billion yuan, with the main perpetrator sentenced to life imprisonment for fraud and money laundering [7] Group 7 - A murder case in Chengdu is under trial, where the accused, diagnosed with schizophrenia, is charged with the fatal stabbing of a 27-year-old woman [8]

Core Points - The court in Huai'an City has sentenced a defendant to seven years in prison for illegal fundraising, involving over 110,000 investors and a total investment amount exceeding 48 million yuan, with losses amounting to 44 million yuan [1] - Since 2020, the Huai'an City Qingjiangpu District Court has adjudicated 39 illegal fundraising criminal cases involving 61 individuals, with a total amount exceeding 1.3 billion yuan [2] Summary by Sections Illegal Fundraising Cases - Illegal fundraising is described as an "economic tumor" that erodes public property and disrupts financial order, often affecting families' savings for retirement, medical expenses, and entrepreneurship [2] - The court has observed a trend of corporate-style operations and concealed criminal methods in recent illegal fundraising cases, complicating the tracing of funds and recovery of losses [2] Court's Actions and Results - A specialized trial team has been established to enhance the efficiency and quality of case adjudication, with no cases being sent back for retrial or re-judgment in the past five years [2] - The court has imposed sentences on 61 defendants since 2020, with 17 receiving prison terms of over three years and 44 receiving terms of three years or less, totaling 46 individuals sentenced to actual imprisonment [2] Recovery Efforts - The court collaborates with police and prosecution to investigate the sources and destinations of involved assets, establishing a special investigation phase during trials to facilitate asset recovery [5] - Since 2020, over 30 million yuan has been recovered for participants in illegal fundraising schemes, with three organized compensation ceremonies held [5] - The court emphasizes the importance of public awareness regarding high-return promises to prevent falling into illegal fundraising traps [5]

非法集资是陷阱，高利保本别相信。了解更多内容，欢迎收看中国经济网防范非法集资系列短视频节目 《明辨是"非"》。 尤优发现退休的爸爸最近有点异常，经常拿回鸡蛋、洗发水等物品，经追问才知道是一家旅游公司免费 送的，而且爸爸还花5万元买了这家公司的"环球旅行卡"，公司宣称可以享受低价旅游，还能获取充值 金额22%的收益返现，他和小区不少老年人纷纷掏了腰包。 尤优现在对这类承诺高收益的产品十分敏感，她向爸爸要来了合同，和丈夫达利上网查询和咨询律师朋 友后，发现这家公司资质全无，更严重的是已经爆雷了。尤优能帮爸爸追回损失吗？ 0:00 / 3:09 中国经济网编者按：在防范和打击非法金融活动部际联席会议办公室的指导下，中国经济网策划推出系 列宣传教育短视频节目——《明辨是"非"》，节目主要以各类典型的非法集资案例为主要题材，开展防 范非法金融活动知识普及和风险警示，提升全民"防非"意识和能力。 （责任编辑：马欣） 剧情介绍 ...

Core Viewpoint - Recent fraudulent activities have emerged using the name of Greenland Hong Kong, promoting fake social security funds and investment products, which the company has denied any association with [4][15]. Group 1: Fraudulent Activities - Fraudsters are using a fake app and social media to promote a so-called "China Dream Special Social Security Fund," claiming that individuals over 40 can receive monthly payments ranging from 450 to 1075 yuan [1][4]. - The company has reported that these scams involve high returns and recruitment incentives, which are characteristic of illegal fundraising and pyramid schemes [4][19]. - The fraudulent activities have been observed on major social media platforms, where users are misled into believing they can receive financial benefits by registering on the fake app [9][11]. Group 2: Company Response - Greenland Hong Kong has issued a statement warning the public about these scams and has reported the matter to law enforcement [8][15]. - The company clarified that it has never developed or authorized any official app related to social security funds and that all claims of such products are fraudulent [15][18]. - Legal experts have indicated that these fraudulent activities could constitute fraud, and those promoting them may also face legal consequences [14][19].