Core Viewpoint - The article highlights the significant penetration of financial "black and gray industries" across various sectors, emphasizing the need for a collaborative enforcement and judicial system, along with enhanced financial data sharing and risk control responsibilities to combat these issues effectively [33]. Group 1: Industry Dynamics - The securities advisory industry has seen a dramatic increase in refund requests, with total refunds reaching 24.45 billion in 2023, up from 13.48 billion in 2021, marking an over 80% increase [7][12]. - Approximately 30% to 40% of refund requests are attributed to malicious agency claims, which have created substantial challenges for the securities advisory sector [8][12]. - The number of agency firms in the securities advisory sector has surged to around 800, with many former agents from the banking and insurance sectors transitioning into this field [8][12]. Group 2: Financial Impact - The securities advisory industry generated a net income of 54.4 billion in 2024, despite facing a significant increase in refund requests [11]. - The total refund amount in the securities advisory industry for 2023 was 24.45 billion, with abnormal refunds estimated to exceed 9 billion, which nearly consumed the industry's average profit of 17.62 billion [21][23]. - The revenue generated by malicious agency claims in the securities advisory sector is estimated to be around 2.9 billion for 2023, based on the refund amounts and commission structures [21]. Group 3: Regulatory Challenges - The regulatory framework for addressing malicious agency claims in the securities advisory sector is less stringent compared to the banking and insurance sectors, where such actions are classified as extortion [28]. - The difficulty in prosecuting malicious agency claims is compounded by the evasive tactics employed by these organizations, such as using multiple company registrations and operating through external networks [29][31]. - The securities advisory industry is collaborating with law enforcement to enhance the crackdown on malicious agency claims, but challenges remain due to the complexity of evidence collection and jurisdictional issues [30][32].

Core Insights - China is a leading market in the global fintech industry, with significant transformations in traditional financial systems driven by digital and technology finance [1][4] - The rise of malicious collection organizations under the guise of protecting consumers has disrupted financial services and caused significant harm to users [1][2] - Companies like Shuhe Technology are actively promoting financial literacy and fraud prevention to combat the negative impacts of financial black and gray markets [2][3] Group 1: Financial Technology Development - Shuhe Technology, established in 2015, has become a key player in China's fintech sector, focusing on inclusive finance as its core business [5] - The company has activated 150 million users and provided financial services to over 20 million individuals [5] - Shuhe Technology leverages AI and other technologies to enhance financial services, including intelligent marketing, risk control, and customer service [5][6] Group 2: Consumer Education and Fraud Prevention - Shuhe Technology has launched initiatives like "Huabei Anti-Fraud Illustrated" and "User Concerns" to educate consumers about financial fraud and improve their financial literacy [3][4] - These educational efforts aim to enhance users' ability to identify risks associated with financial black and gray markets [3][4] - The company is committed to helping users understand financial services better, thereby reducing the prevalence of financial fraud [4][5] Group 3: Support for Small and Micro Enterprises - Shuhe Technology has provided over 90 billion yuan in loan facilitation services to 1.5 million small business owners and individual entrepreneurs [6] - The company covers various sectors, including wholesale, retail, and hospitality, aligning with national policies to support small and micro enterprises [6] Group 4: Alignment with National Financial Strategies - Shuhe Technology is actively contributing to the "Five Major Financial Articles" proposed by the central government, focusing on technology, green finance, inclusive finance, pension finance, and digital finance [7] - The company is positioned as a catalyst for improving national living standards and regional economic development through high-quality financial services [7]

Core Viewpoint - The article highlights the rise of fraudulent debt resolution schemes in China, where individuals are misled into paying fees for services that do not deliver on their promises, leading to significant financial losses for borrowers [1][2][17]. Group 1: Fraudulent Practices - Many advertisements claim to help borrowers reduce their debts or negotiate better terms, but often result in scams where individuals pay fees without receiving any real assistance [1][10]. - The number of complaints related to debt negotiation scams has surged, with over 1,500 complaints recorded on platforms like Sina Black Cat [1][2]. - A significant increase in the number of people involved in internet black and gray industries was reported, reaching 5.871 million in 2023, a 141% increase from 2022 [2][23]. Group 2: Legal and Regulatory Concerns - The article discusses the legal implications of these fraudulent activities, including potential criminal charges for both the scammers and the victims who may inadvertently engage in illegal activities [20][21]. - Regulatory bodies are increasingly aware of the threats posed by these scams, with calls for stricter monitoring and enforcement against illegal financial activities [27][30]. Group 3: Industry Response - Financial institutions and regulatory agencies are collaborating to combat these fraudulent practices, with initiatives to monitor and shut down illegal advertising and operations [26][28]. - The establishment of alliances among financial companies to share information and strategies for tackling black and gray market activities is highlighted as a proactive measure [28][29]. Group 4: Consumer Awareness - There is a strong emphasis on the need for consumer education to recognize and avoid these scams, with financial institutions taking steps to inform customers about the risks associated with debt negotiation services [32][31].

Core Viewpoint - The joint crackdown on "black and gray industries" in the financial sector is an ongoing exploration, with significant efforts being made to combat illegal activities in loans, insurance, and credit cards [1][2]. Group 1: Crackdown Efforts - In March 2023, the Ministry of Public Security and the Financial Regulatory Administration launched a six-month special operation targeting four types of illegal activities in the financial sector [1]. - Various financial institutions have actively engaged in public awareness campaigns regarding "black and gray industries" and have been collecting leads to assist in the crackdown [1]. - Law enforcement has made notable progress, with cases such as the first "anti-collection alliance" extortion case being solved in Jinan, and over 20 cases of black and gray industry crimes in the loan sector being uncovered in Shanghai this year [1][2]. Group 2: Challenges Faced - Despite the crackdown, financial institutions face challenges in identifying standards, investigation costs, and legal definitions related to "black and gray industries" [2]. - The emergence of new business models in the gray industry, particularly in the context of economic slowdown and rising non-performing loans, complicates the identification of illegal activities [2]. - The rapid growth of financial "black and gray industries" has been noted, with a tenfold increase since 2021 [2]. Group 3: Identification and Investigation Difficulties - The identification of malicious and false complaints is particularly challenging, as many illegal agents have transitioned from the collection industry and utilize their experience to manipulate the system [3]. - A report indicated that around 30% of consumer complaints contained similar text, highlighting the adaptability and sophistication of "black and gray industries" [3]. - Financial institutions struggle to verify the authenticity of claims made by debtors, necessitating collaboration with third-party platforms, which adds to the time and resource burden [4]. Group 4: Need for Collaborative Governance - The effective identification of genuinely distressed debtors is crucial, but institutions face significant hurdles in conducting thorough investigations [4]. - Some financial institutions are leveraging AI technology to enhance their risk management systems and identify abnormal complaint behaviors [4]. - A comprehensive approach involving cross-industry collaboration is essential to combat the proliferation of financial "black and gray industries," which disrupts financial order and harms legitimate consumers [4].

Core Insights - The rise of black and gray market activities such as "debt collection avoidance," "credit repair," and "agent rights protection" is increasingly troubling financial institutions and harming consumer rights [1][2][3] - In Q1 2023, the National Financial Regulatory Administration reported a 50.8% year-on-year increase in consumer complaints, totaling 104,909 cases [1] - The internet has facilitated the rapid growth of financial black and gray market activities, with the number of practitioners reaching 5.871 million in 2023, a 141% increase from 2022 [2] Regulatory Actions - The National Internet Information Office and financial management departments have recently taken action against numerous accounts and websites spreading illegal financial advice, including shutting down accounts like "Xiao Bei You" on Xiaohongshu [1] - A six-month crackdown on black and gray market activities in the financial sector was launched by the Ministry of Public Security and the National Financial Regulatory Administration, focusing on loan intermediaries and malicious debt evasion [3] Industry Response - The industry is evolving to combat black and gray market activities through enhanced cooperation between police and enterprises, with the establishment of the "Anti-Financial Black Market Alliance" (AIF) involving 146 members [5] - Companies are implementing technology-driven solutions, such as voiceprint recognition and machine learning algorithms, to identify fraudulent activities and improve consumer protection [6][7] Consumer Impact - The proliferation of black and gray market activities not only infringes on consumer privacy and financial security but also disrupts the financial ecosystem and market order [2][3] - A significant portion of complaints received by financial institutions, approximately 30%, are identified as malicious, further complicating the regulatory landscape [2] Technological Developments - The AIF alliance is utilizing multi-source data integration and automated complaint handling to create a comprehensive governance framework against black and gray market activities [6] - Companies are developing advanced identification technologies to detect fraudulent behaviors in consumer protection, enhancing the overall integrity of the financial system [7]

Group 1 - The Ministry of Public Security and the National Financial Regulatory Administration have launched a six-month crackdown on illegal financial activities, targeting illegal agency rights protection, anti-collection alliances, and credit repair scams [1] - ZhongAn Insurance has responded by collaborating with several financial institutions to combat "black and gray production" through an upgraded intelligent risk control system that enhances service quality and accurately identifies financial crimes [1][4] - The financial industry has seen a rapid rise in black and gray production alongside digitalization, which disrupts market order and harms consumer rights [2][3] Group 2 - Fraudulent schemes often disguise themselves as "agency complaints" or "credit repair," using social media and short video apps to lure consumers, leading to financial losses and potential misuse of personal information [3] - ZhongAn Insurance emphasizes that credit records are managed by the People's Bank of China and cannot be altered by any individual or organization, warning consumers against scams promising to erase negative records [3][6] - The company is committed to building a robust technical defense system using AI models to detect abnormal behaviors associated with black and gray production, thereby improving customer service and early warning mechanisms [5][6] Group 3 - Financial institutions are urged to take on multiple responsibilities, including technical defense, risk management, user education, and industry collaboration to eliminate financial black and gray production [6] - ZhongAn Insurance plans to enhance its intelligent risk control system to better identify black and gray production activities and protect consumer data from leaks [6] - The company calls on consumers to educate themselves about financial knowledge, recognize the nature of black production, and protect their personal information and financial security [6]

近日，网上金融信息乱象再起，监管部门再度出击。5月24日，网信办发文称，会同金融管理部门开展打击，针对近期抬头的网络金融信息乱象展开治理， 从资本市场谣言传播、非法荐股引流，到虚拟货币交易炒作、金融黑灰产信息扩散，此次行动覆盖信息生产、传播、变现全链条，也意味着监管层对网络金 融生态的常态化治理进一步深化。 一大批违规账户依法关闭 多个违规账号、多家非法网站被连根拔起，这一次，监管再次加大了对网上金融信息乱象的打击。 根据网信办最新披露的通报看，其中包括，"爱股票App"等账号发布资本市场不实信息。 具体来看，微博账号"爱股票App"、抖音账号"价值发现者"发布转融通、融资融券有关制度安排等不实信息。微信公众号"杰克船长宏观策略"散布有关量化 基金监管政策谣言。百度百家号"北熊喵"发布资本市场交易时间调整等虚假信息。涉及的账号已被依法依约关闭。 另有账号开展非法荐股。其中，抖音账号"侃哥说财经""落叶巅峰",微信公众号"小海豚大梦想""风清扬大侠",微博账号"浪沙淘金侠""牛遍天下-",快手账号"财 经老韭菜""金叶子财经"等，通过煽动性或暗示性话语，引导投资者付费加群跟投买入个股、暗示预测个股走势、宣扬买某 ...

抖音账号"侃哥说财经""落叶巅峰"、微信公众号"小海豚大梦想""风清扬大侠"、微博账号"浪沙淘金 侠""牛遍天下-"、快手账号"财经老韭菜""金叶子财经"等，通过煽动性或暗示性话语，引导投资者付费 加群跟投买入个股、暗示预测个股走势、宣扬买某些股票稳赚不赔，进行非法荐股。涉及的账号已被依 法依约关闭。 5月24日，国家网信办披露，近期，国家网信办会同金融管理部门依法处置一批账号、网站。具体来 看，这些账号、网站涉及散布资本市场不实信息、开展非法荐股、炒作虚拟货币交易、散布金融领域黑 灰产信息等。 此前，南都·湾财社曾就非法荐股、金融黑灰产等乱象进行报道，揭发行业背后的"吸粉—引流—拉群— 收费"等灰色产业链，助广大投资者对此提高警惕。 发布资本市场不实信息、非法荐股等 国家网信办：关闭！ 据国家网信办，部分典型案例如下： "爱股票APP"等账号发布资本市场不实信息。 微博账号"爱股票APP"、抖音账号"价值发现者"发布转融通、融资融券有关制度安排等不实信息。微信 公众号"杰克船长宏观策略"散布有关量化基金监管政策谣言。百度百家号"北熊喵"发布资本市场交易时 间调整等虚假信息。涉及的账号已被依法依约关闭。 "侃 ...

人民网上海5月16日电 (记者王文娟)5月15日，是第16个全国公安机关打击和防范经济犯罪宣传日。记者 从上海市公安局获悉，今年以来，上海警方破获各类经济犯罪案件690余起，涉案金额500余亿元。 自3月下旬上海市公安局开展"砺剑2025"春季战役以来，全市公安经侦部门迅速集中力量，重点打击非 法助贷中介、恶意逃废债务、非法代理退保理赔、不正当反催收等突出金融黑灰产违法犯罪。 据介绍，当前，金融黑灰产领域违法犯罪主要有以下几类： 二是在信用卡领域，主要表现为不正当反催收和信用卡诈骗。不正当反催收类案件中，不法分子通过指 导传授借款人拖延还款话术，组织人员对金融机构以诸如"暴力催收"等理由进行重复、恶意投诉，以此 帮助债务人减息、免息，部分甚至形成所谓的"反催收联盟"进行产业化运作。信用卡诈骗案件中，不法 分子非法窃取公民个人银行卡信息，复制伪卡在境外或异地盗刷；通过POS机虚假交易、自买自卖等方 式非法套取信用卡资金。此类违法犯罪行为还易与洗钱、电信诈骗等其它违法犯罪相勾连。 一是在贷款领域，主要表现为非法助贷和恶意逃废债务。非法助贷类案件中，不法分子往往对外声 称"与银行长期合作""可帮助快速放款"，通过对 ...

Core Viewpoint - The article highlights the increasing prevalence of illegal loan intermediaries in China, emphasizing the risks associated with their deceptive practices and the regulatory response to combat these financial crimes [1][8]. Summary by Sections Illegal Loan Intermediaries - Illegal loan intermediaries often disguise themselves as "bank channel departments" or "bank staff," promoting "no collateral, no guarantee loans" while using enticing offers of "high returns, low risk" and "quick approval" to attract consumers [1][3]. - These intermediaries typically charge high fees under various pretenses, such as "service fees" and "evaluation fees," which are often non-refundable once paid [3][4]. Consumer Cases - A case reported by a bank involved a consumer who was misled into paying multiple fees for a loan that could have been obtained through official channels without any additional costs [3]. - Another case involved a consumer who was promised a low-interest loan but was later asked to pay a "deposit" due to alleged credit issues, resulting in financial loss when the promised loan terms were not honored [4]. High-Risk Financial Operations - Some illegal intermediaries promote risky financial operations, such as "zero down payment home purchases," which can lead to significant financial burdens for consumers [6][7]. - These operations often involve inflating property values to secure larger loans, putting consumers at risk of default and potential legal consequences [7]. Regulatory Response - The rapid growth of financial black and gray markets has led to a tenfold increase in financial losses since 2021, with the scale reaching hundreds of billions [9]. - Regulatory bodies have intensified their crackdown on financial crimes, with joint actions between financial regulators and law enforcement agencies aimed at dismantling these illegal operations [8][9].