What about the money invested by investors in Hezhong now? Hard-earned money!

alarm handling, timely prosecution and recovery.

1. Introduction of Hezhong Group: In order to expand the influence and social popularity of Hezhong Group, Hezhong Group actively made friends with celebrities in Jiuquan and invited public figures to carry out collective publicity. It successively set up platforms such as Jiuquan Asset Management Department, Finance Department and Yipuhui of Hezhong Group in Jiuquan to attract funds, and organized personnel to hold product promotion meetings, customer appreciation meetings, Hezhong Poetry Meetings, training substitution meetings, conference promotion meetings and so on in hotels, hotels and seed industrial parks. At the same time, sales staff are arranged to distribute promotional materials of Hezhong Group in crowded places such as Drum Tower and Quanhu Park, and explain the private equity funds and wealth management products of Hezhong Group to the past people. Sales staff are required to intercept people in streets and residential buildings through strange visits, publicize the economic benefits and development prospects of Hezhong Group, and promise to invest in and purchase private equity funds and wealth management products of Hezhong Group. The return rate is high and the risks are controllable, and the principal and interest can be paid on schedule, with an annual interest rate of 14%-18%, attracting public investment and purchase.

2. After trial, the Guizhou District Court held that the defendant and China Holding Group Company knowingly failed to absorb public deposits, deliberately violated financial laws and regulations, and organized 22 defendants, including Zhao Molian, Qi Momei, Bai Mouqing, Fan Mou, Yu Moli and others, to sell various private equity funds in Jiuquan, and promised high interest returns to the masses, thus absorbing a large amount of illegal social deposits in disguise for their industrial development. This behavior has consumed a lot of manpower, material resources and financial resources from decision-making to implementation. Through word-of-mouth communication, an organizational system of top-down communication and left-to-right cooperation has been formed. Its organizational system is highly consistent with the implementation of the crime, and most of the funds illegally absorbed by the group enter the associated account of the group company for the use of the group, amounting to 342,125,61 yuan, causing losses to the masses of 252,182,16.73 yuan, which is huge. Seriously disturbing the social and economic order constitutes the crime of illegally absorbing public deposits. The public prosecution agency is clear about the criminal facts of the defendant Hezhong Holding Group Company and the defendant, and the evidence is indeed sufficient. The defendant was found guilty.