[direct news network Beijing December 12th] (Phoenix Network Finance), in December 11th, SAIC announced that the masses should be alert to the new Internet frauds with pyramid selling as the means.

In the near future, a new type of Internet fraud, with the means of pyramid selling, is frequent. The State Administration for Industry and Commerce pointed out that some organizations and individuals in the name of the business network virtual currency, network game, under the banner of "virtual currency" and "digital currency" "electronic currency" Internet "tokens" or "online games," Wangzhuan "play the game to award" "playing online games sent to the red banner, with" high static revenue "" dynamic income "and" promotion rebate "as bait, lure, deceive the masses to pay the membership fee to become a member, and encouraged members to develop offline, cheat money.

 

SAIC has reminded that the above activities may be suspected of pyramid selling as a means and form, in essence, illegal fund-raising, unauthorized financial activities, fraud and other illegal offenses. The rights and interests of participants are huge risks. In addition, it is an illegal act to participate in pyramid marketing, and its rights and interests are not protected by law.

 

The State Administration for Industry and Commerce stressed that such entities generally did not obtain legal business or deliberately conceal their true identity, behavior responsibility is difficult to identify; generally take false advertising, false or misleading commercial propaganda public deception; generally by the bank on the net, the third party payment of non-contact means of absorption, in return public funds. Once the capital chain breaks and "running", it is difficult for the masses to recover their funds.

 

According to the "criminal law", "network security law" and "the prohibition of marketing regulations" "Internet information services management approach" and other laws and regulations, any organization or individual shall be allowed as others to pyramid schemes, illegal fund-raising and other illegal behavior to provide trading platform, payment settlement, communication, advertising, Internet access, server hosting, network storage and implementation convenience. The violator will be prosecuted for the corresponding administrative or even criminal responsibility according to law.

 

Finally, SAIC said that the masses should conscientiously enhance their sense of law-abiding and risk awareness, recognize the nature of the alleged crimes of related behaviors, and invest rationally and prudently, so as to prevent interests from being damaged. We can report to the departments of financial management, industry and commerce, public security and other departments on the basis of specific circumstances.