Core Viewpoint - The "People's Assets" platform is suspected of being a fraudulent scheme that misuses the names of legitimate institutions like the National Development Bank and the National Data Bureau to attract investors [1][2][9]. Group 1: Allegations and Responses - The National Development Bank issued a statement denying any association with the "People's Assets" platform, urging consumers and investors to be cautious [1][2]. - The National Data Bureau also clarified that it has never issued any certificates related to personal data asset ownership, labeling the claims made by the platform as fraudulent [2][3]. - Reports indicate that the "People's Assets" app is registered in Cambodia and is likely operated by an overseas team [1][4]. Group 2: Investor Experiences - Many investors, particularly older individuals, have been drawn into the "People's Assets" scheme, with one investor reportedly investing around 200,000 yuan without seeing returns [3][10]. - The app claims to offer high returns on minimal investments, such as promising over 80,000 yuan in returns for an initial investment of 600 yuan [6][7]. Group 3: App Functionality and Operations - The "People's Assets" app promotes itself as a "data asset confirmation service platform" and requires users to pay fees for converting their data assets into "original shares" [5][6]. - Users are incentivized to recruit others into the scheme through a multi-level referral system, which is characteristic of pyramid schemes [5][12]. Group 4: Legal and Ethical Concerns - Legal experts have identified the "People's Assets" platform as fitting the profile of a "funding plate," a type of illegal financial scam similar to a Ponzi scheme, due to its lack of real asset backing and reliance on misleading claims [9][12]. - The platform has been linked to various fraudulent activities, including the issuance of counterfeit electronic bank acceptance bills that falsely claim to be backed by the National Development Bank [8][9]. Group 5: The Role of "Luo Pan" Participants - Some investors, referred to as "Luo Pan" participants, are aware of the fraudulent nature of the platform but continue to engage with it, hoping to profit before it collapses [10][11]. - This group often operates in secrecy, using social media to promote the scheme while disguising their true intentions [11][12].

Core Viewpoint - The "People's Asset" platform is suspected of being a fraudulent scheme that misuses the names of legitimate institutions like the National Data Bureau and the China Development Bank to lure investors with promises of high returns, while actually providing fake financial instruments [1][3][6]. Summary by Sections Fraudulent Activities - The "People's Asset" app is allegedly operated by an overseas team, registered in Cambodia, and has been reported to mislead investors by claiming to have strategic agreements with legitimate financial institutions [5][10]. - The platform has been accused of issuing fake electronic bank acceptance bills to investors, which are not backed by any real financial assets [15][16]. Investor Behavior - Many investors, particularly older individuals, have been drawn into the scheme despite warnings, often due to a belief in the promised returns and a lack of understanding of the risks involved [7][17]. - Some investors, referred to as "lu pan xia" (literally "shear sheep"), knowingly participate in these schemes with the hope of profiting before the scheme collapses [17][20]. Characteristics of the Scheme - The platform operates on a multi-level referral system, rewarding users for bringing in new investors, which is a common characteristic of Ponzi schemes [16][20]. - The app promotes unrealistic returns, such as an investment of 600 yuan yielding over 80,000 yuan in 80 days, which raises red flags about its legitimacy [11][15]. Regulatory Response - The China Development Bank and the National Data Bureau have both issued statements disassociating themselves from the "People's Asset" platform, emphasizing that no such agreements or certificates exist [3][6][16]. - Legal experts have classified the "People's Asset" platform as a typical "funding plate" scheme, highlighting its fraudulent nature and lack of real underlying assets [16][20].

Core Viewpoint - The "People's Asset" platform is suspected of being a fraudulent scheme that misuses the names of the National Development Bank and the National Data Bureau to attract investors, leading to significant concerns and warnings from these institutions [1][5][14]. Group 1: Platform Operations - The "People's Asset" app is registered in Cambodia and appears to be operated by an overseas team, with its active promotion supported by a group of individuals known as "lu pan xia" [4][8]. - The app claims to offer services related to personal data asset rights, misleading users into believing they can convert their data into financial assets [9][15]. - Users are required to pay high fees for services, such as a 608 yuan fee for converting data assets, which raises red flags about its legitimacy [15][21]. Group 2: Investor Experiences - Many investors, particularly older individuals, have been drawn into the scheme, with reports of significant financial losses and reliance on false promises of high returns [7][16]. - One investor reported investing 20,000 yuan over a year, hoping to withdraw substantial amounts based on the app's claims, but faced difficulties in recouping their investment [7][14]. - The app's promotional materials suggest unrealistic returns, such as an investment of 600 yuan yielding over 80,000 yuan in 80 days, which is indicative of a Ponzi scheme structure [9][14]. Group 3: Legal and Regulatory Response - The National Development Bank and the National Data Bureau have issued statements disassociating themselves from the "People's Asset" platform, emphasizing that no legitimate agreements or documents exist between them and the platform [1][5]. - The platform has been linked to fraudulent activities, including the issuance of fake bank acceptance bills that mislead investors into believing they can cash out their investments [14][15]. - Legal experts have classified the "People's Asset" platform as a typical "funding scheme," highlighting its use of fake documents and lack of real asset backing [15][21].