Human security, family security; Family security, social security. Pension fraud is a mass crime that affects social stability and disrupts public order. For a period of time, in the face of the huge demand for the elderly, some lawbreakers have swaggered and deceived under the banner of "serving the elderly" and "caring for the elderly"; Some elderly people are unreasonable, moved by the "enthusiasm and thoughtfulness" of scammers, immersed in the beautiful dreams of "health care", "housing for the elderly" and "investment for the elderly", and as a result, thousands, tens of thousands or even hundreds of thousands of "pension money" that have been painstakingly accumulated for many years have been deceived for no reason and become a cake on paper.
Demystifying several pension scams
Scam 1: Wellness scam
Some organize the elderly to "experience" a certain type of health care products in squares, communities and other elderly gathering places, and at the same time instill the so-called "health concept" in the elderly, inducing the elderly to buy health care products with inflated prices and exaggerated functions; Some use sales calls or Internet bragging to fool the elderly into buying health care products with inflated prices and exaggerated functions; Some arrange "free travel" for the elderly, and the elderly are fooled by fake "experts" throughout the process, and finally buy back tens of thousands, hundreds of thousands of health care products...
A large number of cases show that due to physical, psychological and social factors, the health care psychology of the elderly is the most likely target for fraudsters. Three key points to fall into the trap: first, be tempted by "free experience" and "free tourism"; the second is to be moved by the "emotional card" of fraudsters; The third is to be "brainwashed" by fake experts and credulously believe in the exaggerated efficacy of health care products.
Scam 2: Pension service scam
For this type of fraud, first of all, scammers will instill the concept of investment in the elderly in squares, residential areas and other gathering places for the elderly; Then, by organizing tours, lectures, giving small gifts, etc., to get closer to the relationship with the elderly to win the trust of the elderly; Finally, they will be told that there is a "pension service" project, investing a certain amount, not only can enjoy interest, but also enjoy medical care, care and other elderly care services.
For the elderly, this approach seems to solve the problem of investment and financial management and pension service needs. But in fact, the so-called "pension service" is actually ethereal, scammers perfectly take advantage of the elderly like to "take advantage of the small" psychology, after gaining the trust of the elderly, roll up and run, empty gloves white wolf.
Scam 3: Housing for the elderly scam
This type of scam usually uses similar words such as "the house is useless" as an excuse to induce the elderly to mortgage the property to the company, and can get a high monthly return without delaying the residence of the elderly.
In fact, scammers will mortgage the property of the elderly directly to professional money lenders at high interest rates and hand over the disposal of the house. Finally, when there are fewer elderly people entering the game, the scammers will roll up the money and run away, leaving the old people to face the debt collection of the lender, and even be forced to sell the house to pay off the debt.
Scam 4: Pension bank scam
When such scammers deceive, they will carefully package the rented office space, and generally put "** pension bank co., LTD." and other similar names on the signboard at the front of the company, under the banner of "pension bank" to attract the elderly to deposit.
In fact, according to Article 11 of the Mainland Commercial Banking Law, the establishment of a commercial bank shall be subject to the examination and approval of the banking regulatory authority under the State Council. Without the approval of the banking regulatory authority under the State Council, no unit or individual may engage in commercial banking business such as absorbing deposits from the public, and no unit may use the word "bank" in its name.
Scam 5: Illegal fundraising traps
Usually absorb funds in the name of investing in "pension projects", and illegally absorb public funds in the name of investment, joining, and investing in health care pension bases, elderly apartments and other projects; or sell pension apartments and pension villas by means of principal return sales, sale and lease back, agreed buyback, etc.; or illegally absorbing public funds by giving preferential discounts after staying in an elderly apartment, or giving dividends higher than bank interest if you do not stay.
Such traps have huge risks such as high interest rates that cannot be cashed and the safety of funds cannot be guaranteed. The high interest promised by institutions or enterprises mainly comes from the fees paid by the elderly, which belongs to the demolition of the eastern wall to make up for the western wall. Most enterprises do not have legitimate service entities and revenues that match their promised returns, the operation of funds is difficult to sustain, high interest is only a fraud gimmick, once the capital chain is broken, the high interest cannot be paid, and the principal is difficult to recover; Institutions or companies that exceed sustainable profitability and commit to debt and interest repayment, using high interest rates as bait to defraud the elderly of money. In addition, a large amount of funds from the public are difficult to be effectively supervised, controlled by the initiating institutions, and there is a risk of transferring funds and running away.