«——【Preamble】】 ——»
I believe that for many people, they should have heard of "E Rent", as an online lending platform, since its launch in 2014, it has attracted people's attention, and relying on its low investment, low risk and high return advertising slogan, it has also attracted countless people to invest.
In just 500 days, E-Rentbao received hundreds of thousands of investors' investments worth tens of billions, and for a time E-Rentbao became the largest Internet financial platform in China at that time.
But in fact, E Rentbao is completely a scam, an illegal platform for collecting money, and the mastermind behind the scenes is a secondary school student named Ding Ning. And with the revelation of the matter, Ding Ning and others were also punished by the law.
But when Ding Ning was investigated, it was discovered that Ding Ning not only squandered illegal funds, but also formed an armed force in northern Myanmar to protect himself when the matter was revealed.
So how did Ding Ning, who only has a secondary school degree, operate the whole scam, and how was it finally exposed?
«——【 A租宝真面揭开 】——»
In December 2015, the media spread the news that E-renting was investigated for suspected illegal operation, and for a while, countless investors who invested in E-renting began to worry.
It is precisely because of the help of major media, coupled with the advertising slogan of low cost, low risk and high return, which has attracted countless people to invest in it, and the investment amount accepted by E rent treasure is as high as an astonishing 70 billion.
At this time, the media suddenly spread the news that E Rent Bao was investigated for suspected crimes, and countless people began to worry about the funds they invested. So countless people went to the location of E Rent Bao Oh company to inquire, but they didn't expect that when they came to the company, they found that the door was closed and there was no employee working inside.
At the same time, the police also began to investigate E rent, and after investigation, the police found that E renting is an online lending company on the surface, but in fact it is an illegal fundraising platform, and in order to prevent the true face of E renting treasure from being discovered, when someone handles business, E renting treasure will use the collected investment to pay for it, so as to make people believe in the authenticity of E rent.
In this way, as more and more people believe, whenever someone has doubts, they will use their actual experience to dispel the other person's doubts.
As we all know, investment is accompanied by risk, and investors are very aware of this, but when actually investing, they often only focus on high returns and ignore the existence of risks.
And when the police learned the true face of E Rent, in order to prevent anyone from being fooled again, they also made the true face of E Rentbao public, and at the same time, the police also began to investigate the relevant suspects.
As the founder of E Rentbao, Ding Ning was also aware of this before this, worried that the matter would be exposed, and he began to prepare, he first asked his cronies to form an armed force in northern Myanmar to protect his own safety, and in order to prevent his actions from being discovered, Ding Ning also set up a bank to cover.
However, what Ding Ning didn't expect was that just when his cronies had settled everything in northern Myanmar and were waiting for him to go, the police launched a surprise action and arrested the staff of E Rentbao, and finally Ding Ning was arrested because he had no time to escape.
Until this time, the E-rent treasure that was once popular all over the country collapsed in an instant.
Later, during the police interrogation of Ding Ning and others, Ding Ning also told his experience.
«——【Ding Ning's Entrepreneurial Journey·】——»
In fact, judging from Ding Ning's early entrepreneurial process, Ding Ning was quite conscientious at that time.
Ding Ning was born in Bengbu, Anhui Province in 1982, and in Ding Ning's family at that time, Ah Jian was more privileged than most people, after all, Ding Ning's parents had their own factories at that time.
Later, with the implementation of the country's reform and opening up, Ding Ning's parents also seized the opportunity to expand their factory.
Due to the superior conditions of the family, he lived a very happy childhood in Ding Ning, and it was this happiness that caused Ding Ning to not be very attentive to learning, which led to the fact that Ding Ning was not admitted to the ideal high school during the high school entrance examination.
After graduation, his parents were very anxious to see Ding Ning doing nothing all day, so they let Ding Ning follow him to do business, and gradually his parents found that Ding Ning was very smart in business, in order not to waste Ding Ning's talent, so his parents began to vigorously cultivate Ding Ning in business, and Ding Ning also lived up to expectations, seeing that his son had learned something, so his parents also handed over the burden of the factory to Ding Ning.
But with the development of the market, the industry where the Ding Ning factory is located has also begun to become saturated, so for the future development of the factory, Ding Ning also began to transform the factory, in addition, Ding Ning also broadened the direction of the factory, so under the operation of Ding Ning, the factory turned into a civilian company, and in the development of Ding Ning attaches great importance to technology research and development, under his leadership has also made breakthroughs in many fields, and this also allows Ding Ning to harvest more profits.
Later, in order to better develop the enterprise, Ding Ning also cooperated with local universities, and this operation not only allowed Ding Ning to reap greater profits, but also increased Ding Ning's popularity.
It stands to reason that if this development continues, Ding Ning's future can be said to be bright and smooth.
«——【· E rental treasure appeared, the pinnacle ·] ——»
However, at this time, Ding Ning did not want to work like this step by step, in order to obtain huge profits, Ding Ning shifted his attention to finance, after all, the development momentum of online finance was fierce at that time, so Ding Ning established a Yucheng Group to prepare for a share of it.
With the efforts of Ding Ning and others, in 2014, E Rent Bao was launched, in order to let more people know about E Rent Treasure, Ding Ning began to hype it.
In this way, in Ding Ning's efforts, the streets and alleys and even TV at that time were advertisements about E renting treasures. However, for Ding Ning, he didn't really want to borrow online, but to carry out a Ponzi scheme.
The so-called Ponzi scheme refers to the use of new investors' money to pay interest and short-term returns to old investors, in order to create the illusion of making money, and then defraud more investment. And that's what Ding Ning did.
He would create a virtual batch of companies on E Renbao in advance to attract people to invest, and these funds were initially invested in the company, but because the company was fictitious, the money went into Ding Ning's hands.
With more and more money, Ding Ning began to squander and began to form his own "harem", when recruiting, Ding Ning first focused on the level of ability, but the body looks, and it is this recruitment characteristic that led to the vast majority of girls in the company at that time.
And for these girls, Ding Ning is also very generous, and in this way, under Ding Ning's money offensive, many girls are committed to Ding Ning. Among them is Zhang Min, who came back from abroad.
However, with the passage of time, the speed of E-renting treasure's wealth gradually couldn't keep up with Ding Ning's consumption speed, which led to the emergence of a crisis, so Ding Ning began to prepare for his retreat.
However, as soon as Ding Ning's retreat was ready, he was arrested.
In the end, after the court trial, Ding Ning was finally sentenced to life imprisonment for committing multiple crimes, and as for the other suspects, the court also gave different punishments according to the degree of their crimes.
With the arrest of Ding Ning and others, the state has begun to clear the funds of the damaged fundraising participants who participated in the fundraising and have carried out information verification and registration. However, since Ding Ning had squandered some of his funds, it was obviously not easy to recover this part of the loss.
To this day, there are still many netizens who are looking forward to eRentBao returning their money.
Information sources:
People's Network: E rents Bao second-instance verdict
The Paper: The Beijing No. 1 Intermediate People's Court reported the E Rent Treasure case: 26 people including the defendant Ding Ning have been filed for enforcement
IT House: E-Rent Treasure Finale: The first fund withdrawal will start on January 16