It is suspected to be a financial scam and has the basic characteristics of a Ponzi scheme.

The China Banking Regulatory Commission, the Ministry of Industry and Information Technology, the People's Bank of China, and the State Administration for Industry and Commerce reminded: Recently, there have been behaviors in many places in China that promise high returns and induce the public to invest funds in the name of "financial mutual assistance."

Its main features include: 1. Various names.

Common ones include: "XX financial mutual aid community", "XX financial mutual aid platform", "XX financial mutual aid", "XX charity financial mutual aid platform", "XX financial mutual aid investment", "XX mutual aid community", "XX wealth mutual aid"

Platform" etc.

2. Rapid development.

Relying on the Internet, publicity is carried out through websites, blogs, WeChat, QQ and other platforms, with a wide range of influence.

3. Highly confusing.

Some, under the banner of "overseas celebrities", claim to have the goal of "destroying the unfair world financial system, breaking the control of financiers, and creating a community of ordinary people" by establishing the so-called "fair, just, reciprocal, and honest people-to-people financial system."

Platform" allows the public to get help from more people by funding others.

At the same time, it falsely claims that "it has been tested by the market and has been operating maturely in many countries for many years, with hundreds of millions of members around the world" and so on.

4. Strong inducement.

It claims to have low investment threshold, short cycle and high returns.

For example, after free registration, invest 60 yuan to 60,000 yuan, and you can withdraw cash after 15 days. The daily income is 1%, the monthly income is 30%, the annual income is 23 times, and there is no handling fee.

In addition, participants who recruit others to join can also receive additional benefits such as recommendation awards (10% of downline investment), management awards (corresponding proportions determined based on membership levels), and there is no upper limit for developing people and unlimited rebates.

5. Strong concealment.

Most of them are controlled remotely by overseas personnel, and investment funds are often transferred through personal bank accounts, online banking, or through third-party payment platforms.

This type of operation model violates the law of value, and it is difficult to maintain long-term capital operations. Once the capital chain is broken, investors will face serious losses.

The general public is requested to increase their awareness of risks, invest rationally and prudently, and prevent damage to their interests.

At the same time, clues about illegal crimes can be actively reported to relevant departments.

Bitcoin Home Network and many popular mainstream media have reported similar virtual currency pyramid schemes.