Zhongcheng Investment Holding Group, together with other 1 1 enterprises, was centralized and unified for rectification due to suspected illegal fund-raising, and it was required to clean up the absorbed funds before June 30, 20021year and immediately stop all non-absorbing businesses. Its main repayment method is to return to the original road. If there are still people who have not received the returned funds, they can contact the financial office of the municipal government.
Illegal fund-raising refers to the act of absorbing funds from unspecified objects by promising to repay the principal and interest or giving other investment returns without the legal permission of the State Council financial management department or in violation of national financial management regulations. According to Article 25 of the Regulations on the Prevention and Disposal of Illegal Fund-raising, participation in illegal fund-raising is not protected by law, and the losses suffered due to participation in illegal fund-raising shall be borne by the fund-raising participants themselves.