Shandong local financial supervision and Administration Bureau: be vigilant against illegal fund-raising activities in the name of investment charging pile

Financial Associated Press, January 18 - Shandong local financial supervision and Administration Bureau issued a warning on the risk of illegal fund-raising activities in the name of investment charging piles. According to the monitoring, recently, some new energy technology enterprises and network technology enterprises, under the banner of "responding to the government's call and advocating energy conservation and emission reduction", claim to buy shared charging piles to obtain property rights through mouth-to-mouth publicity and holding promotion meetings. The company manages them on behalf of the company. Consumers can obtain advertising income, rental income or investment dividends, and withdraw cash every month to tempt them with high profits, Absorb funds from the unspecified public. The office of the leading group for the prevention and disposal of illegal fund-raising in Shandong Province reminded that no enterprise or individual shall directly raise funds from individuals or accept and collect funds from consumers in violation of regulations without the permission of the financial supervision and administration department. In the above transaction forms, there is a risk of overselling or even no physical transaction at all. In essence, it is a gimmick and illegal fund-raising in disguise.