On the evening of July 20th, 20021year, Pudong Branch of Shanghai Public Security Bureau issued an alert. Pudong Branch of Shanghai Public Security Bureau filed a case against Shanghai Yixun Internet Financial Information Service Co., Ltd. for the crime of illegally absorbing public deposits, and took criminal compulsory measures against five suspects, including legal representative Ge Mou, company executive Wang Mou and so on.
Since April 20 15, Yixun Company has built an online financial platform without the approval of the relevant state departments, and illegally raised funds from unspecified public by selling various financial products.