CCTV News: In May 2018, a virtual currency wallet "Plus Token" claimed to have been jointly created by former Google employees and employees of a multinational company quietly appeared on the Internet. Under the guise of blockchain technology , "Plus Token" has swept over more than 100 countries and regions around the world in just over a year, with more than 2 million people involved, involving an amount of 40 billion yuan. However, it was not until March 20, 2020 that these participants discovered that their identities were not investors in blockchain technology, but participants in the massive multinational online pyramid scheme case.
Xiaolong is a security guard in Suzhou . As a friend's development, Xiaolong invested more than 20,000 yuan he saved from working into the "Plus Token Wallet". On the first day of investment, the amount of Xiaolong’s account continued to rise. In order to verify the authenticity of the platform’s money making, after waiting for a few days, he sold the Plus coins that had risen in his account. This operation really made him make money on this virtual currency trading platform.
Seeing that he could make money, Xiaolong applied for four credit cards in one go, cashed out more than 200,000 yuan from them, and invested all into Plus Token.
Plus Token participant Xiaolong: keeps making profits every day, and then start adding it to it. Then I saw that the people in the group added more than us, and there were no other concerns, so I added anyway.
There are more than Xiaolong, but Mr. Wang, who has been doing business for many years and has rich social experience, is even more crazy.
Plus Token participant Mr. Wang: Before , I could not get 3600,000 yuan, and in the end, these were added more than 3.6 million yuan.
Plus Token has formulated three main ways of profit: smart brick-moving income, link income, and executive income. Among them, link income is the core key, which is commonly known as attracting people.
Plus Token trainer: uses intelligent brick-moving to buy low and sell high, and hedge high-frequency quantitative trading to achieve static returns of about 10% per month.
Plus Token divides members into five levels: ordinary members, big players, big names, big names, big gods, and creation according to the number of people recruited and the amount of investment. At that time, Mr. Wang, the friend who entered Plus Token, was a big-name member. According to the platform's reward rules, Mr. Wang invested 50,000 yuan in the first month, and his friend could make 5,000 yuan in Mr. Wang. In order to upgrade from an ordinary member to a large member as soon as possible and get higher dynamic link income, Mr. Wang developed more than a dozen relatives and friends to join Plus Token in just three months. The average investment of these people is more than 100,000 yuan, and he has also become a large member as he wishes.
Plus Token participant Mr. Wang: When makes the most profit, there is about one million yuan a day.
"high-end" virtual currency investment is actually a pyramid scheme organization
. In the new type of crime, using the Internet, virtual currency, blockchain technology, etc. to engage in financial crimes is a big challenge for the public security organs. However, the police followed the clues and found the tricks in it using Plus Token's so-called co-founder as the entry point.
Starting from March 2019, Plus Token's advertisement for attracting investors began to appear on the streets, and then his advertisement was also played on the billboards in Times Square, New York, USA. Not only that, Leo, co-founder of Plus Token, attended the World Digital Economy Forum held in Geneva on October 22, 2018, and the photos of him attending the "Stock God" Buffett dinner quickly spread in the virtual currency circle. However, through investigation, the investigators found that Leo's true identity was absurd and simple.
The real identity of this person is a foreign student. He came to China in September 2015 and studied at a university in Changsha, Hunan. His identity was completely packaged by a pyramid scheme gang. And the real director of this drama is actually called Lu Moulong.
Plus Token pyramid scheme case Lu Moulong: Not all international brands in are advertised. I think sometimes there is gain if you give up. Only some high exposure (projects) can be seen by others. Only when you stand in the most conspicuous place can others see you, only when you see you will pay attention to you, and only when you follow you will trust you.
fake celebrity, fake gimmick, not only that, police investigators carefully studied and found that in actual operation, the Plus virtual currency issued by Plus Token is also fake.
On June 27, 2019, Plus Token virtual currency wallet unexpectedly announced the suspension of withdrawals, and wrote in a note to transfer to the address "Sorry, we ran away." At this moment, many participants realized that this was really a scam.
Plus Token participant Xiaolong: The person who recommended me to , I only have his WeChat contact information, and I don’t reply to WeChat, so I can only say that I was deceived.
Plus Token participant Mr. Wang: was also quite shocked at the time, and he was a little bit skeptical and didn’t believe it very much.
The main culprit was sentenced to 11 years in prison for organizing and leading pyramid schemes. At the end of June 2019, the police of the task force successfully arrested Chen and 27 major suspects. After the judgment, Chen and 15 other defendants were sentenced to fixed-term imprisonment ranging from 4 years, 10 months to 11 years for the crime of organizing and leading pyramid schemes, concealing and concealing the proceeds of crimes, and were sentenced to fixed-term imprisonment ranging from 4 years, 10 months to 11 years, and fined. The stolen goods, stolen money and criminal tools involved in the case were confiscated and handed over to the state treasury in accordance with the law. The main culprit Chen was convicted of organizing and leading pyramid schemes and sentenced to eleven years in prison and a fine of RMB 6 million.
How to prevent risks and avoid being deceived?
The higher the return, the greater the risk. It is the most basic common sense in financial management and investment. High returns mean high risks. If the rate of return exceeds 6%, it will be questioned. If it exceeds 8%, it is very dangerous. If it exceeds 10%, it must be prepared to lose all the principal. Plus Token promises a super high rate of return. Anyone with a little bit of knowledge about investment and financial management should be able to identify it as an abnormal investment project!
For many investors who knowingly commit crimes, don’t be lucky and think that you can get out of nothing before the final trial comes. The state expressly prohibits the law, and the result of testing the law with one's own will only lead to a loss of money.
Conclusion
The times are changing, society is progressing, and the methods of scammers are becoming more and more secretive and diverse!
But what is inseparable from the root of the whole country is that scammers are always using human greed to deceive people and confuse people's hearts.
html won't fall pies for 0 days, and there is no free lunch. Only by staying vigilant about high returns and high profits can we avoid being deceived.Source: CCTV
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