Making Investing Better: Investor Education Series No. 26
【Core Ideas】
1. The so-called four high-value private rebate Internet financial platforms have all exploded.
2. Tang Xiao monk did not entrust the raised penny to the account of a regular bank, and has been illegally operating the capital pool himself.
3. Stay away from people who use the Pon's scam as a foundation and use high cashback as bait to let you take out your hard-earned money!
Hello everyone, welcome to the Financial Observer, I am Bao Ran, Bao Bao. What topic are we talking about today? Talk about this World Cup summer, unfortunately, the Dragon Boat Festival exploded with thunder, and the 80 billion Tang Xiao Monk platform is about to collapse again!
【News Background】
On the first day of the Dragon Boat Festival, a thunderbolt fell, blowing up many people who could not rest assured of vacation. The first of the four major domestic high-value rebate platforms, the so-called transaction volume of 80 billion yuan of Internet financial stars "Tang Xiao Monk" platform leader ran away, since June 16, Tang Xiao Monk app has been unable to withdraw normal cash, its explosion caused by the shock, no less than e rent treasure.
According to the official website of Tang Xiao Monk, Tang Xiao Monk was launched on May 5, 2015, and as of August 2017, Tang Xiao Monk's registered members have exceeded 10 million. Tang Xiaomong's parent company is Zibang Financial Services Network Technology Group Co., Ltd. The platform high-profile external claims to be a p2f, that is, a platform for individuals to financial institutions, not p2p.
According to the investigation, the Tang Xiao Monk platform has not yet launched the bank depository system, that is to say, the investor's money is not managed by bank depository after entering the platform, but is completely operated by the platform. According to media reports, Tang Xiaomong was suspected of illegally absorbing public deposits, and the office of his parent company, Zibang Financial Services, had been seized by the police.
This summer was a very good day, the summer of the World Cup, especially rare, eating crayfish, drinking draft beer, watching a World Cup what a beautiful thing! However, on the first day of this year's Dragon Boat Festival, we saw countless Tang Monks and Activist Groups emerge across the country.
Of course, this is all the goal to go straight to Tang Xiao monk, it claims to be an Internet financial platform, and claims to have been advocating itself, is a so-called national central enterprise background, but also said that we are not doing p2p, we are not doing personal to personal lending, we are doing p2f, we are doing personal lending to financial institutions. Before and after the results, the total amount is more than 75 billion, approaching the total transaction volume of 80 billion. Such a "star" style, of course, with quotation marks, the so-called "star" type of so-called folk four high-value rebate platforms, one of which, Tang Xiao Monk, completely exploded on the first day of the Dragon Boat Festival holiday.
On the same day, we can see that in the previous time, on June 15, Tang Xiaomong's financial app released an announcement, claiming that he was going to upgrade the system for 5 days. And then we'll look at it, good guys! Once upgraded, the app is permanently unusable.
At the same time, many users, when contacting Tang Xiao monk's WeChat public account, or through other entrances, when asking Tang Xiao Monk, the answer is that we see: Sorry, the current online customer service is busy, there are 5 customers waiting in front of you, please be patient. After a while: Sorry, due to the current busy customer service, it is temporarily unable to serve you. Sorry, the current customer service is busy or not online, and the conversation cannot be established. What does it actually mean? The whole Tang Monk collapsed.
We see that this is the Pudong Branch of the Shanghai Municipal Public Security Bureau, and the criminal investigation department has put a seal on this so-called Tang Xiao Monk, just mentioned that there are four major private high-value rebate platforms. Listen, there are a few: one is Qianbao Network, remember? The one in Nanjing, in fact, we have also talked about it, has exploded, stepped over, and this founder has basically turned himself in and entered the bureau.
What else? Yatang Finance also collapsed and exploded. Just before the Dragon Boat Festival, it is said that there is still one that has not collapsed, Lianbi Finance. However, the latest news in the past two days, this Lianbi Finance, has also broken out a major problem in the capital pool.
Therefore, we can see that so far, the so-called four high-value private Internet financial platforms have all exploded one after another. Then let's go back and take a look at the Tang Monk we are going to talk about today.
This business was incorporated in 2015, and it is really tempting. It is said that Tang Xiao monk picks up wool, invests 100, earns 20 in 16 days; invests 5,000 and saves 128 yuan. What newcomers subscribe to 100 yuan, pay off 20 red envelopes on demand, and so on. Of course, it has other kinds of such words, it is a purpose, is to attract more and more small white users, to enter its big cycle of funds.
This Tang Monk did put on a lot of halos for himself, the most heinous of which was that in January this year, Tang Xiao Monk also won the title of Key Credit Certification Enterprise. In December last year, the 2017 Shanghai Financial Information Industry Contribution Award, its parent company, the 2017 Integrity Creation Enterprise, now looks extremely ironic. Tang Xiao monk has been advocating himself, saying that we have a background in central enterprises.
In fact, its central enterprise background is actually a so-called Zibang Financial Services. In January 2017, Zibang Financial Services announced that it had obtained a strategic stake in the central enterprise Ruibao Liyuan. But in fact, according to a series of subsequent enterprise restructurings, this Ruibao Liyuan has long become a private enterprise, which is the first point.
More importantly, the second point, doesn't it say that Rainbow Power Source is its dry father? Whether it is a mother or a dry father, the key is that this Ruibao Liyuan is also under serious investigation by our police according to law because it is suspected of network marketing fraud.
In fact, here is a package to give you a digression, this lot of awards, a lot of financial technology conferences, what the second Session of China Information Economy + Financial Technology Conference, in fact, are a lot of third parties, either media, or exhibition companies, or associations and other third-party organizations, engaged in some commercial forums, and commercial activities.
This kind of commercial forum and commercial activity, to put it bluntly, there are two words in the circle: buy prizes, and four words are called: spend money to buy awards. As long as you pay the sponsorship fee, pay enough sponsorship fee, according to the level of sponsorship fee, it will give you different awards. And such awards, or certificates, are actually worthless.
Under the premise of no supervision, Tang Xiao monk will actually raise and recruit a large amount of funds, whether it is squandered, or transferred assets, or borrowed to repay the old, it is not used for the real and real investment in the use of its own commitments, or the use of foreign propaganda investment targets. For example, its commitment should be p2f, that is, to invest in financial institutions and lend money to financial institutions.
Whether it is the overnight lending of financial institutions, or the bridge loans of financial institutions, or the monetary funds of financial institutions, and so on, these financial products, we can see that these financial products are far from reaching the high rebate amount claimed by Tang Xiaomong. In fact, according to our macro statistics of the overall overall financial market in the first half of 2018 this year, the average yield of our general bank formal wealth management today has dropped to an annualized interest rate of about 4.2%.
But Tang Xiao Monk is not, Tang Xiao Monk said that it is 8%, 10%, on the Tang Monk platform and drinking water and eating is as normal as it is. 20%, 30% are often seen, and it also has a trick, often engaged in a variety of activities, such as the Dragon Boat Festival cashback, pull a friend in, you can save ten thousand and three hundred, and so on and so on.
And what is more crucial is that such a famous Tang Monk, we are on TV, in the entire building advertisement, in the elevator room advertisement, in various groups, once such a famous Tang Monk, it did not choose any bank. It does not escrow any penny of the money raised into an account with a regular bank. That is to say, Tang Xiao Monk has always been illegally, this is not a violation, it is illegal to operate the pool of funds by himself.
It is understood that Tang Xiao monk has been occupying the market through a large number of advertisements and high rebates. "100 yuan 3 days back 50, 13,000 yuan 37 days back 500, 2000 yuan 16 days back 90", such high-cost rebate activities have never stopped in Tang Monk. On the "Wool Bar" website, some investors said that Tang Xiao Monk's wool has reached the height of investing 100 yuan in current rewards of 30 yuan cash.
According to informed sources, Tang Xiaomong's annual advertising amount is conservatively estimated at more than 50 million yuan. Since 2016, Tang Xiao monk has placed a large number of elevator and building advertisements, and for a time "change is handed over to Tang Xiao Monk, and wealth is rubbed with his hands!" The slogans are endless. In the p2p investment circle, Tang Xiao Monk, Qianbao.com, Yatang Finance, and Lianbi Finance are known as the "Four Heavenly Kings" with high rebates. At the beginning of 2018, Qianbao.com, Yatang Finance, and Tang Xiaomong were involved in the case one after another, and on the morning of June 21, the official website and app of Lianbi Finance were no longer accessible.
We see many examples, saying that some people invested 3 million, and a girl invested 230,000, as if it was not much, their dowry money ah, right? And many want to buy a house down payment is also invested, the child's school money, the old man's treatment of the money, just want to fight a high yield, with their jargon, with the Tang Monk's platform jargon called wool, right. Unfortunately, the wool was not picked up, and it was covered with sheep. In this context, we see that when you put real money into these platforms, it actually goes into their own left and right pockets.
In many rights defense groups, everyone generally reflects that before buying the relevant targets on Tang Xiao monk's platform, you really can't find it, and it doesn't tell you: What did I buy with this money? What exactly is the kernel of it that bought this product? How is it packaged? What exactly is this cornerstone investment product and value-added derivative investment product? No, it's just a product, then how much is the price listed, and then give you a high cashback as bait.
So you have to be vigilant at this point, right? Again, you always have to know what you spent money buying! You can't say that you raised millions of yuan from me, or hundreds of thousands of yuan, or tens of thousands of yuan, and raised tens of billions of yuan, billions of yuan, so who did you invest in?
Is it really in accordance with the way you said, and then invested in the corresponding financial institutions, small and micro enterprises, innovative enterprises, or do you mean that the money will end up in vain and disappear with the wind? The compliance of these platforms is not exposed overnight, nor is it exploded overnight, it will actually accumulate, from quantitative change to qualitative change, it will accumulate for a long time. That is to say, as we say, you can't hide for a long time, and you will always show your horse's feet.
When its horse's feet, hooves, and tail are exposed, you have to be highly vigilant, not to say that the money is invested, and then it is ignored in the blink of an eye, right? Even if it is a particularly formal institution, even if it is a particularly formal stock market, you have to look at it from time to time after you have invested, pay attention to your own yield, and see if you have reached your own take profit line, or a stop loss line, right? A lot of users, may be snapping the money to get it alone, regularly receive a message, whether it is a public number or group information, they are still very beautiful, do not know those high rebate information, a lot of it is a new scam in the circle to put you around.
So in this case, we see that if you pay attention, in fact, about the platform of Tang Xiao monk, many times there is no salary, some users have begun to complain, and this information has been enough from quantitative change to qualitative change, which triggers your vigilance. And these vigilances, at the very least, can help you withdraw your funds or principal as soon as possible.
Mr. Guo Shuqing, Chairman of the China Banking and Insurance Regulatory Commission, Chairman Guo mentioned at the 10th Lujiazui Speech Forum a few days ago that for investors, this kind of wealth management product with a yield of more than 6%, you must put a question mark, you must think carefully about whether it is really realized. If the yield exceeds 8%, it is very dangerous, and if the yield exceeds 10%, the investor is prepared to lose the entire principal.
In fact, from the governor of the central bank to the chairman of our banking and insurance regulatory commission, to the leaders in charge of the relevant ministries and commissions of various heavyweight countries, their recent series of statements are a firm determination, what determination? Even if the bursting of the bubble will cause pain, we must firmly deleverage and firmly reduce the huge debt in the macroeconomic field of our Chinese society.
This great pain, if it is bearable for the country, may not be bearable for many individuals, or for individual families. And it is precisely the means and measures that we have to avoid such risks. It's about staying away from these unreliable ones, away from these people who use the Pon's scam as a base, and the promises and promises of high cashbacks as bait to attract you to pull out the money.
We saw that in May 2018, 10 platforms across the country went out of business, including Zhejiang, Jiangsu, Shanghai, Beijing and so on. This includes what is the competition of excellent financial management, Xianglong Venture Capital, Hongyuan Capital and so on. These sound very good names, their total amount, in fact, is not as large as the Tang Monk we just talked about, the total transaction amount is as high as 80 billion yuan. But in fact, they are all the same, there are runners, there are difficulties in cashing. In fact, when an Internet financial platform has already had difficulties in withdrawing money, their capital chain has been broken.
So here, we are still cliché, to repeat again, you must check the background of the enterprise, you must check the qualifications of the enterprise, you must find out whether the enterprise has really entrusted the bank, the funds are entrusted to the third-party capital pool of the regular bank, rather than operating a capital pool by yourself.
Now, whether on the website of the General Administration for Industry and Commerce, or in the so-called Tianyancha, Enterprise Chacha, and various apps, we can find very clearly that every enterprise has its investors, its institutional shareholders, its natural person shareholders, its own executives, the executives still hold shares in other enterprises, and the relationship between it and other enterprises, this correlation between capital and equity.
We individual investors, really should learn a lot of experience and lessons, really should polish their eyes, really should be in our entire macro big regulatory situation, and the big capital tightening situation, the gap in funds is getting bigger and bigger, the whole liquidity is getting weaker and weaker, we must protect our own principal, protect their own sweat and sweat, this bag must remind you again.