Recently, Shenzhen police broke down the illegal fund-raising platform
of “Wealth China”. Six suspects were detained by the police in accordance with the law on suspicion of “illegally absorbing public deposits”. The victims of this case are all over the country, involving a total amount of 1.19 billion yuan.
In January this year, Futian police received clues that Shenzhen Fortune Home Financial Network Technology Services Co., Ltd. and its P2P platform “Fortune China” had the problem of illegal fund-raising. After receiving the report, the police immediately launched an investigation with the financial regulatory agency on the enterprise. Through a series of investigations, such as checking the company’s accounts, inquiring the relevant personnel, and transferring the company’s running water, it was confirmed that there were related illegal and criminal acts in the enterprise.
After investigation, the police found that there are four problems in “Wealth China”: firstly, unlawful fund-raising activities without the approval of relevant departments; secondly, publicizing relevant illegal fund-raising business to the public through various channels; thirdly, falsely promising to repay principal, interest or interest (guaranteed principal and interest) within a certain period of time by means of currency,
material objects and equity; fourthly, paying principal and interest (guaranteed principal and interest) to the public, that is, no specific object. Illegal absorption of funds.
High returns often mean high risks. “Fortune China” attracts users’investment with high interest rates, promising users an annual interest rate of up to 14%. In this case, the owner invested millions of
yuan in the platform.
“Fortune China has not acquired relevant financial qualifications, so it can only carry out point-to-point lending business, mainly using information asymmetry for profit.” Fukuda police officers said that “Fortune China” used the platform to issue false targets and raise funds illegally. The police will never
tolerate such illegal activities and resolutely crack down on them.
In addition, the Shenzhen police found in the investigation that the “Fortune China” platform operation group also controls another platform “car demanding”. At present, the police have combined the two platforms for investigation.
At the beginning of August this year, after grasping the relevant evidence
chain, the Futian police launched a heavy punch and sentenced six suspects, Li Mobao, Lu Mouwei, Li Mouyu, Zhang Mouzhu, Pang Mouhui and Zhong Moutao, to “the crime of illegally absorbing public deposits”. At the same time, the police froze the company’s bank account, seized the company’s property, and other assets involved are still
under further investigation.
Next, the recovered funds and
assets will be uniformly liquidated by
the people’s court after judgment.