I. Eight manifestations of illegal fund-raising of pyramid scheme 1. MLM is in the name of "national and government projects". Liars mainly use slogans such as "state support, * * * the country enriches the people and strengthens the country", "national pilot" and "government projects" to fabricate government background, forge documents of state organs, take advantage of the patriotism of the masses, distort state policies and deceive consumers into investing in partnerships. 2.MLM is in the name of "all kinds of investment and financial management". This kind of pyramid schemes mainly adopt capital modes such as listing financing, equity crowdfunding, investment and wealth management, and use lending platforms to attract people to invest in pyramid schemes. 3.MLM is in the name of "poverty alleviation charity". This kind of pyramid selling is all under the guise of "charity, mutual assistance", "precise poverty alleviation, and * * * common prosperity" to trick consumers into joining development members with high interest returns. 4. MLM in the name of "providing for the aged, preventing diseases and providing for the aged". This pyramid scheme is aimed at the elderly, designing "healthy tourism products", developing members in the name of investing in pension apartments and housing for the elderly, and defrauding the elderly of their money. 5.MLM is in the name of "network franchise agent". By opening an online shopping mall, we will use WeChat friends circle, online games, website forums and other development agents and franchisees to trick consumers into "returning consumption" and "making money while spending", and cheat money if they don't meet. 6.MLM is in the name of "happy and free travel". Mainly claiming to join the free travel, deceiving consumers to "make money while traveling" and "free travel" to develop members, and the spread speed is very fast. 7.MLM is in the name of "introducing job hunting and recruitment". Taking advantage of college students' eagerness to find jobs, we can induce people to go to other places for pyramid schemes, control their personal lives, intimidate or induce them to participate in pyramid schemes through job introduction, high-paying recruitment, employment expansion, work-study programs and even invitations from fellow villagers. 8.MLM is in the name of "virtual currency". This kind of pyramid scheme is a new type of financial pyramid scheme, which lures investors into becoming members under the guise of listing and circulating in many countries in the future. This is just a kind of network virtual currency "circulating" among these members. After the introduction of new members, everyone has a free small "mining machine". After logging on to the website and paying to activate the mining machine, they can produce a virtual coin. I hope that everyone will pay attention to the distinction when investing, and be cautious in the face of investments that are significantly higher than the market rate of return, so as not to fall into the wrong path of pyramid schemes and lead to the return of principal. The victims of such cases are mostly young people and retired people who lack social experience. When there is an investment channel, it can be verified by the official departments such as securities supervision, banking supervision, industry and commerce, and consult relevant industries and laws to determine its legitimacy.