Ponzi scheme, don't believe it.

Ponzi Scheme News found through the National Enterprise Credit Information Publicity System that Henan Zhongchuang Chaoxin Company is only a sole proprietorship. Liu Yan, the legal person of Six Rooms, is not included in the list of shareholders and directors, and the company was registered in 2018.

On October 19, 2019, the registered capital subscribed was 150 million yuan, and the paid-in capital was 0.

Liu Yan, the legal person of Liujianfang, did launch a social software called "Chaoxin", but later the name of the software was changed to "Chaoxin", which is a product of Shanghai Liaoliao Network Technology Co., Ltd.

Henan Zhongchuang Chaoxin Company not only completely copied the article published by the self-media "Nan Qidao" in 2016 to conduct false propaganda.

And the icon of the APP is also set to be exactly the same as the "Chaoxin" APP to confuse the audience.

Regarding this Ponzi scheme news, I called Shanghai Liaochao Network Technology Co., Ltd. many times, but no one answered.

Finally, the WeChat customer service of Henan Zhongchuang Chaoxin Co., Ltd. that was added to the Ponzi Scheme Newsletter has not been approved. The website registered by the company cannot be opened, and there is no other contact information on the APP.

Ponzi scam news reminds, "There will be no pie in the sky, and the essence of MLM is a "Ponzi scheme." A Ponzi scheme is very simple, it is to demolish the east wall to pay for the west wall, and the source of income comes from the entry fees paid by subsequent people.

Once this capital chain is broken, it may lead to the collapse of the model. In fact, the purpose is to defraud money, using high returns as bait, and defrauding entry fees as the ultimate goal.