当投资人发现分红逾期、平台冻结时，警方经过缜密侦查，发现支撑千万级资金盘竟然只有百余头牛和不断改 号的耳标…… | 0:00 / 3:23 | | --- | 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。 剧情介绍 张经理以"云养牛"APP为饵，向投资人宣称牧场养殖有超万头牛，承诺年化24%收益。 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"》。 （责任编辑：马欣） ...

Core Viewpoint - The article discusses the fraudulent activities of the "Xinkangjia" investment platform, which has been identified as a Ponzi scheme combined with a multi-level marketing structure, leading to significant financial losses for investors [3][4][29]. Group 1: Overview of "Xinkangjia" - "Xinkangjia" platform was established in 2021, initially claiming to engage in oil spot trading and later shifting to derivatives trading, falsely associating itself with the Dubai Gold and Commodities Exchange (DGCX) [6][19]. - The platform attracted around 2 million investors with claims of high returns, reportedly involving approximately 13 billion yuan in total investments [3][4]. - DGCX has publicly denied any affiliation with "Xinkangjia," warning that the platform is unauthorized and operates without any legitimate partnership [8][9]. Group 2: Investment Structure and Operations - "Xinkangjia" employed a nine-level hierarchical structure to incentivize recruitment, with participants earning rewards for bringing in new members, creating a classic Ponzi scheme dynamic [13][19]. - The platform promised daily returns of 0.2% and used various promotional tactics, including offering luxury cars as incentives for high investments [20][19]. - Investors were required to purchase USDT (Tether) for transactions, complicating the process and leading many to transfer funds to higher-level members for conversion [22][30]. Group 3: Regulatory Environment and Risks - The Chinese government has previously banned virtual currency investments, and multiple warnings have been issued regarding the risks associated with platforms like "Xinkangjia" [23][24]. - Local authorities have identified "Xinkangjia" as a significant illegal fundraising risk, highlighting its use of high-return promises and multi-level marketing tactics [28][24]. - The article emphasizes the growing trend of such schemes leveraging stablecoins to bypass financial regulations, posing a threat to investors and the broader financial system [30][33].