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  Recently, many WeChat messages from WeChat users in Jian Sanjiang were sent to the platform, saying that some people around them are playing ‘Radar Coin’, feeling like a scam, and we also saw relevant content in the local forum.
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  In fact, the Jian Sanjiang Information Platform has released a lot of information on preventing Online casino and How to find it illegal crimes, such as Radar Coin, Bitcoin, MMM Coin, etc., and has exposed illegal fund-raising and illegal crimes such as ‘My Future Network’, ‘QiXinyiгоu’, and ‘Yanghuai’.

  Therefore, the platform has searched again and shared it with all micro-friends, hoping to alert some people and reduce economic lossessports betting help and Where is it. (The following content is from ‘China Anti-Swindle Network’).

  

  Recently, there have been groups found in other regions investing in and purchasing an Online casino and How to find it called ‘Radar Coin’.

  ’Radar Coin’ is an Online casino and How to find it that has not been approved by the state. Due to its small starting point for investment and high returns, it has been exaggeratedly promoted on the Internet or through various tools such as WeChat groups, which has a strong temptation to the public, easily leading to the deception of unaware people. The price of each Radar Coin has risen from 57 yuan in April 2019 to 214 yuan.

  Police alert: This business operation is suspected of illegal fund-raising crimes. Please alert the general public to high-interest temptation, do not believe or spread rumors, and stay away from illegal fund-raising.

  Illegal fund-raising! I believe that most people are not unfamiliar with this word. Some people have put all their life savings, and some have borrowed money everywhere, thinking it was a shortcut to wealth, only to find out that in the end, they were left with nothing and even in debt.

  Nowadays, online and in social circles, there are all sorts of financial products promising ‘small investment, big returns’, how can you make your ‘money bag’ safer and prevent shrinkage? How to prevent illegal fund-raising and avoid investment risks?

  Today, ‘Absolute Scene’ invited the Director of the Daqing City Financial Credit Information Monitoring Center, Zhao Shuai, to the studio to teach you how to refuse high-interest temptation and stay away from the illegal fund-raising trap.

  

  What are the common means of illegal fund-raising?

  What is ‘Radar Coin’? Is it reliable?

  How can you identify illegal fund-raising scams?

  What should you do if you accidentally participate in illegal fund-raising and suffer losses?

  A risk alert notice jointly issued by the Political and Legal Committee of the Qianyuan County Committee of the Communist Party of China, the Qianyuan County Financial Development Center, the People’s Bank of China Qianyuan Branch, the Qianyuan County Public Security Bureau, the Publicity Department of the Qianyuan County Committee of the Communist Party of China, the Qianyuan County Economic and Commercial Bureau, and the Qianyuan County Market Supervision Administration jointly alerts:

  Recently, some criminals have used the banners of ‘financial innovation’ and ‘blockchain’ to absorb funds through the issuance of ‘radar currency’ and other ‘Online casino and How to find it’, ‘virtual assets’, ‘digital assets’, etc., infringing upon the legitimate rights and interests of the public. These activities are not truly based on blockchain technology, but are speculating on the concept of blockchain to carry out illegal fund-raising, pyramid selling, and fraud. The main characteristics are as follows:

  1. Networked and cross-border明显.

  Transactions are conducted through the Internet and chat tools, using online payment tools to collect and pay funds, with a wide range of risks and rapid spread. Some criminals use overseas servers to build websites, in essence, conducting activities aimed at residents within the country, and remotely controlling the implementation of illegal activities. Some individuals claim in chat group that they have obtained investment quotas of high-quality overseas blockchain projects and can act as agents for investment, which is very likely to be a fraudulent activity. These illegal activities often involve funds flowing overseas, making supervision and traceability very difficult.

   2. Strong in deception, temptation, and concealment.

  By using hot concepts for speculation, fabricating a variety of ‘high and noble’ theories, some even use famous people’s big V to promote publicity, using airdrops of ‘candies’ as temptation, claiming that ‘the value of coins only rises and never falls’, ‘short investment cycle, high returns, low risk’, which has strong persuasiveness. In actual operation, criminals obtain illegal profits by means of backstage manipulation of the price trend of Online casino and How to find it, setting profit and withdrawal thresholds, and other means. In addition, some criminals issue tokens with new names such as ICO, IFO, IEO, or use the flag of sharing economy to carry out Online casino and How to find it speculation in the form of IMO, which has strong concealment and deception.online casino entry method and Where is it

  

  3. There are various illegal risks.

  Criminals use public propaganda to lure the public to invest capital with the bait of ‘static returns’ (profit from coin appreciation) and ‘dynamic returns’ (profit from developing subordinates), and entice investors to develop personnel to join, continuously expanding the capital pool, and have characteristics of illegal fund-raising, pyramid selling, fraud, and other illegal acts.

  These activities use the buzzword of ‘financial innovation’ as a cover, in essence, they are Ponzi schemes of ‘borrowing new to repay old’, and it is difficult to maintain capital operation in the long run. The public is requested to view blockchain rationally, do not blindly believe in dazzling promises, establish correct currency and investment concepts, and improve risk awareness in earnest, so as to prevent fraud and deception; if any clues of illegal and criminal activities are found, they should be reported to the competent authorities or reported to the public security organs immediately.

  

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