CCTV News: According to the website of Shenzhen Local Financial Administration, recently, relevant departments have found in daily risk monitoring that some institutional platforms, under the name of "debt relief", "scaling bonds", and "disposal of non-performing assets", use "having a background of central enterprises and state-owned enterprises" and "providing equal asset guarantees" as gimmicks, false propaganda through online and offline channels, and absorb funds by collecting membership fees, consulting fees, service fees, deposits, etc., and there are risks of illegal fundraising and fraud.
On March 24, the Shenzhen Municipal Task Force on Preventing and Combating Illegal Financial Activities issued a reminder: Financial business must be operated with a license. Such institutions do not have the qualifications to publicly absorb public deposits without the permission of the state financial management department in accordance with the law or violate national financial management regulations. In essence, they are in the name of debt relief. Their operating model violates the basic laws of the market and the capital chain is very easy to break. Once the risk occurs, participants will face serious losses. The Regulations on Preventing and Disposing of Illegal Fundraising Regulations stipulate that the state prohibits any form of illegal fundraising, and the losses suffered by participating in illegal fundraising shall be borne by the fundraising participants themselves. Please be vigilant, resolve creditor-debtor disputes through legal means, and beware of being deceived.
If you find that relevant institutions are engaged in illegal fundraising under the name of providing debt relief services, please report it to the non-leading departments of the city and district departments or the public security department in a timely manner. The relevant departments will verify the clues based on the reporting clues, crack down on and deal with them in accordance with the law, and reward the clue reporters in accordance with the regulations.
