The Nanjing Municipal People's Procuratorate alleged that from the second half of October1/Kloc-0 to the time of the crime, the defendant Zhang Xiaolei Zhang Xiaolei used high returns as bait to raise improper funds from the public through Qian Bao Online and other means. The main purpose of absorbing funds is concealed, and most of them are used to repay the principal, pay high remuneration, personal control and waste consumption. It caused particularly serious economic losses. On February 26th, 20 17, 17, Zhang Xiaolei surrendered with the public security organs. The public prosecution agency believes that the defendant Zhang Xiaolei's behavior has constituted the crime of fund-raising fraud and should be investigated for criminal responsibility according to law.
What's the Internet incident in Qian Bao? In February last year, Nanjing police reported that Qian Bao Net used illegal fund-raising to sponsor La Liga Royal Society and Vallecano Football Club to establish and operate Qian Bao Football Club. At the same time, illegal fund-raising is used for donation and sponsorship, so as to expand visibility and influence and attract more fund-raising participants.