The online platform of "Bao Zhong Investment" takes paying investors an annualized rate of return of about 20% and extra rewards as bait to raise funds from unspecified public. The raised funds did not enter the company account and were all controlled and dominated by Zhou Hui. Except for part of it used to return the principal and income due to investors, the rest is mainly used to buy real estate, high-end vehicles, jewelry and so on.
Most of these assets are registered in Zhou Hui's name or used by Zhou Hui personally. From May of 201/kloc-0 to the time of the crime, Zhou Hui illegally raised a total of 1586 funds from unspecified objects nationwide through the "Bao Zhong Investment" network platform, totaling 654.38+300 million yuan. In addition to paying the principal and income, 696.543 million yuan could not be returned.
On August 4th, 20 15, the Intermediate People's Court of Quzhou City, Zhejiang Province made a first-instance judgment, and sentenced the defendant Zhou Hui to fixed-term imprisonment of 15 years for the crime of fund-raising fraud and fined 500,000 yuan. Continue to recover illegal income and return all fund-raising participants.
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Measures to identify and prevent new pyramid selling activities
(1) First of all, we must understand the usual methods of new network marketing. If you see capital action, consumption rebate, love and mutual assistance, original shares, virtual currency, dynamic income, static income, recommendation award, report award and moving award, you should be vigilant.
(2) The second is to judge whether the source of high income is reasonable. Don't be confused by high returns, keep a clear head and make rational judgments.
(3) Third, you need to be highly vigilant when you encounter income gate fees and offline. In essence, MLM is a money-circling game that divides investment from offline. If you want to qualify for MLM, you have to pay the entry fee, and if you want to get the income, you have to attract people to join.
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