False Contracts, Investment Shop Cheat More Than 60

Economic fraud has risen in Guangzhou. Illegal criminals have made money by cheating pyramid schemes, paying high returns and signing contracts.

Guangzhou police launched a special crackdown in February this year. As of now, 6 illegal fund-raising companies have been investigated and cracked, and 11 cases have been cracked, involving at least 600 million yuan. 30 suspects have been arrested in accordance with the law.

Police reminded the public, especially the elderly, to increase vigilance and discernment in illegal fund-raising, to prevent high returns and investment traps, and to report to the police immediately after being deceived.

In the case of economic crimes, the criminals are swindling in the name of investment cooperation business, signing contracts, dividends in shares, etc. in the economic crime cases.

At the beginning of this year, the Haizhuqu District Public Security Bureau cracked up the contract fraud case of Guangzhou St. x Development Co., Ltd.

The suspect, who used the false data to set up a company, issued a 33% annual profit in the middle of April 2008 in the name of investing in the original stock of the company. He claimed that he could get twenty thousand of the original shares of the company every 50 thousand yuan in investment, and he could get a free tour, a free division of the company's sub products and so on, and he could defraud the masses of 7 yuan by $208 thousand.

In February 11th this year, Tianhe District police cracked a case of illegal fund raising in Guangzhou by Fei Xun enterprise management company.

In September and November last year, the staff of sun Xe and other employees of the XXX company reported that the investment chain restaurant and restaurant could get 5% of the high return on investment as bait, 20 fraudulent clients and 60 million illegal deposits.

Four ways to prevent illegal fund-raising crimes are to remind the public that they should guard against economic fraud from the following aspects: 1. abandoning the mentality and greed of rich people, never be fooled by so-called high returns; 2. refusing pyramid schemes, not participating in various forms of pyramid selling activities; all pyramid selling activities are illegal; investors should not participate in such activities; 3. refuses to sell such intermediaries as "investment advisory" and "property broker" without qualification of securities business.

The intermediaries that have not been approved by the CSRC are illegal, such as stocks, funds, futures and other securities products through the Internet, telephone, letter, promotion and presentation. They are all hoax. Investors are involved in such illegal securities activities. They are not protected by law. 4. citizens, especially the middle and old aged people, need to consult, report or provide clues to government departments in time when they encounter fraudulent practices such as disguised pyramid schemes and high returns.

If you find that you are being cheated, you should immediately report to the police, cooperate with the police investigation and attack, and do not encourage and fool the criminals in order to increase the return on investment. Then they will help the company cheat and interfere with the normal enforcement actions of the public security organs.

Xu Qiyun, editor in chief: