More than 20,000 people in Shandong were deceived, and criminals illegally raised 2 billion yuan. It is understood that Lushou serves as the general agent of a certain brand of clothes drying racks in Shandong, so Lushou has released promotional brochures, held performances, conferences, and word-of-mouth and other publicity methods, in the name of selling goods, or without any physical sales at all. Under the so-called zero-yuan consumption and sharing economy model, high returns are given as bait within a certain period of time to illegally raise funds from other groups in society. As a result, more than 20,000 people, including a large number of elderly people, participated, illegally raising more than 2 billion yuan and causing economic losses of more than 600 million yuan.

So everyone must not believe in some high-return investments in life. What you may want is the other party’s high interest, but what the other party wants is your principal, and the rate is certain. For the purpose of illegal possession, he used fraud methods to illegally raise funds, and the amount was huge. He was sentenced to life imprisonment in accordance with the law, and all his personal property was confiscated.

Such a scam is very easy to identify, but there are always some people who have a lucky mentality and believe that they can get their principal back before this matter explodes. As a result, they fall into the trap of the other party. In China, the current consumption changes are endless, especially some that the majority of elderly friends cannot recognize at all. Many elderly people even like to take advantage of small things. Many people use their own money to invest, and are soon defrauded by the other party. Come on, there are many similar situations.

For us ordinary people, it is not easy to make a few dollars, and market investment risks are extremely high. Therefore, everyone must remain rational when investing, improve their awareness of prevention, and do not be fooled. Criminals are fooled by the high-return propaganda, let alone invest the money you want. I think the elderly should put their money in the bank, which is safer. Don't believe that pie will fall from the sky. Always remind yourself that there is no bargain in this era, so you will not fall into the trap of the other party.