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the ministry of agriculture and rural affairs warns of the risk of illegal fundraising in the "cloud-raising economy" sector

2024-09-11

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cctv newsaccording to the website of the ministry of agriculture and rural affairs, in recent years, with the rapid development of my country's internet economy, some places have seen the emergence of "cloud farming", "farming on behalf of others", "cloud planting", "cloud vegetable planting" and other practices (hereinafter referred to as "cloud farming economy"). at the same time, some unscrupulous companies and individuals, under the banner of "cloud farming economy", have used internet apps, telephone publicity, organized dinner tours and farm visits to make false propaganda, inducing consumers to subscribe to fish, livestock, poultry, tea farms, etc. online, promising high returns after expiration, and attracting people to invest. this type of "cloud farming economy" business model has deviated from the essence of commodity trading, and has been transformed from normal sales behavior to illegal fundraising in pursuit of high returns. the safety of funds cannot be guaranteed, and related risks need to be vigilant.

illegal fund-raising in the field of "cloud-raising economy" has the characteristics of many investors, wide distribution, and great difficulty in supervision. the risk of "explosion" is extremely high, and we need to be highly vigilant. first, high interest cannot be fulfilled. some "cloud-raising economy" platforms do not have returns that match their promised returns. the promised high interest mainly comes from investors' funds. in order to deceive more people to participate in fund-raising, they often fully fulfill the promised principal and interest in the early stage. after the fund-raising reaches a certain scale, they secretly transfer funds or abscond with the funds, causing the participants in the fund-raising to suffer economic losses. second, the safety of funds cannot be guaranteed. most of the funds illegally absorbed by some "cloud-raising economy" platforms are in personal or third-party related accounts, which are highly concealed and difficult to be effectively supervised. it is difficult for investors to track the true whereabouts of the funds. the platform may use the funds for non-breeding projects, such as paying interest to previous investors, for personal squandering or for other purposes. it is difficult to recover the stolen money and the principal is difficult to recover. in recent years, many "cloud-raising economy" platforms have "exploded", and some illegal fund-raising under the banner of "cloud-raising economy" and other suspected illegal and criminal acts have been investigated and dealt with.

according to the relevant provisions of the "regulations on preventing and dealing with illegal fund raising", illegal fund raisers and illegal fund raising assistants will be held accountable for their legal responsibilities, and those who participate in illegal fund raising will bear the losses themselves. the general public should keep in mind that high returns are accompanied by high risks, and should consciously stay away from illegal fund raising to prevent infringement of their legitimate rights and interests. if you find any clues of suspected illegal activities, you can report them to the relevant departments immediately.