6000 people have been recruited, and executives and others have squandered 200 million yuan! Amazing scam yield | project | winning bid

Many people may have encountered situations where they recommend investment projects that closely follow national policies and social trends, claiming to have attractive annual returns. However, behind this seemingly high return, there are actually hidden traps.

Hainan: claimed to have high investment project returns

Hidden traps behind the scenes

In September 2021, Mr. Zhang's hometown in Hainan introduced him to a project for investing in the installation of new energy vehicle charging piles. As long as you spend 58000 yuan to purchase a charging station and entrust it to the company for operation, you can receive a weekly rebate of 1115 yuan, with a one-year return on investment. After that, you will make a net profit, and the more you invest, the higher the return rate, which can even reach 200%.

Victim Mr. Zhang: I wondered at that time, did the charging pile have been charged by a car for 8 hours? Can each charging pile installed produce so many benefits?

Despite being skeptical, Mr. Zhang decided to visit the company's headquarters. The office of this Quanhedong Company is located in an office building in the bustling area of Haikou, Hainan.

Victim Mr. Zhang: Every day you can see people signing contracts holding a stack of contracts.

Seeing so many people investing, Mr. Zhang was a bit tempted. A few days later, he went to a high-end hotel to attend a cocktail party and training promotion organized by Quanhedong Company.

At the scene of the company's presentation: Don't think this is a small project, as it has core independent intellectual property rights.

All of this gradually dispelled Mr. Zhang's doubts and increased his trust in Quanxiangtong Company. Despite opposition from his family, Mr. Zhang still threw in four charging stations at once. Three of Mr. Zhang's relatives and friends have also made investments, and some have purchased 13 charging stations at once, investing 750000 yuan.

Unexpectedly, just 6 months later, Mr. Zhang realized that the rebate could not be credited to his account properly. At this point, Mr. Zhang, who had invested 232000 yuan, received a rebate of over 100000 yuan, equivalent to 50% of the principal, and also lost half.

Victim Mr. Zhang: I can't get any money now. Otherwise, we can only refund. They said it would take about 8 months to refund. We didn't believe it when we heard it. Who will ask for money after 8 months?

At this time, the charging station company has developed a new project: new energy ride hailing. Customers who invest in charging stations can transfer their money to new projects and continue investing.

Victim Mr. Zhang: At that time, I felt that I was probably cheated, but I had to go forward and see how much money I could get back.

Using high profits as bait to attract people's heads

Deep tricks in investment scams

The new project is a popular concept nowadays, and Mr. Zhang, who has already felt that he may be deceived, added 10000 yuan of investment to activate the original funds and joined the new project. At this point, the police had already noticed the abnormality of the company.

The police found that the company's account did not generate revenue from new energy charging stations. However, the company always receives a large amount of income and is a major taxpayer, paying taxes on time.

Jiang Weidong, political commissar of the Economic Investigation Detachment of the Haikou Public Security Bureau in Hainan: In order to avoid tax inspections, he paid the tax that should be paid. In addition to symbolic taxes and the basic operation of the company, 90% of the other money is directly calculated into the company's profits.

On June 20, 2022, the Haikou Public Security Bureau of Hainan launched an investigation into the case of Quanxiangtong Energy Technology Co., Ltd. suspected of illegally absorbing public deposits. On December 21, 2022, Haikou Public Security Bureau arrested more than 20 major suspect in Hangzhou, Changsha and Haikou at the same time, frozen the funds involved in the case of 140 million yuan, seized 13.3 kg of gold, 6 cars and 12 houses involved in the case after discovering that the company's funds could not be withdrawn in a healthy way.

Zeng Yi, a policeman from the Economic Investigation Detachment of the Haikou Public Security Bureau in Hainan: This is more in line with a Ponzi scheme. The suspect defrauded investors for investment through some names, collected investment funds, promised high rebates, and used the investor's own money. The rebate was returned to him, and then snowballing.

After investigation, Quanxiangtong Company has established operation centers in multiple provinces such as Shandong, Hunan, Inner Mongolia, Zhejiang, Shanxi, and Yunnan to attract customers. It has sold about 15000 "charging pile investments" and absorbed more than 6000 people's funds exceeding 1 billion yuan. Among them, about 600 million yuan is used for rebates; Approximately 200 million yuan of funds were divided and squandered by the company's actual controllers, executives, and others; Approximately 200 million yuan will be used for the company's marketing, maintenance, and operation. The actual construction of 123 charging stations cost over 10 million yuan, accounting for only one percent of the total funding.

Although this type of financial fraud utilizes trendy new concepts in project content, the methods are still outdated. In order to make their "popular projects" more credible, they claim to have cooperation with famous enterprises and universities, and use fake expert platforms from famous universities to promote.

In addition, fraud groups will timely cash in super high returns at the initial stage, often several times or tens of times higher than ordinary returns, and use incentive methods to attract people for promotion.

Zhou Daorxu, director of the Financial Security Research Center of Wudaokou School of Finance, Tsinghua University: We must be highly vigilant about high-yield and head-pulling pyramid schemes, and at the same time, we must use professional strength to prevent our minds from getting hot money.