High-yield eyewash reappears, investors become victims and fall into complicity

Recently, an investment and financial management platform named "Xin Kang Jia" has sparked heated discussions. It is reported that the platform attracted around 2 million investors, with an involved amount as high as 13 billion yuan. After the platform's funds became unwithdrawable, the company's founder is said to have fled abroad.

Xinkangjia operates under the guise of virtual currency investment, attracting consumers with high returns. The platform promises a daily return rate of 1% and develops downlines through high rewards. Even in situations where it cannot fulfill withdrawals, there are still users joining in. This eyewash model is not novel, yet many consumers still take the risk to participate.

According to an investor, the platform claims to generate profits by participating in overseas gold and oil investments. However, before the platform collapsed, the invested funds could not be withdrawn within a month. The platform suddenly became inaccessible, resulting in many investors losing all their money.

What is even more concerning is that some investors still believe in the platform's "tax" scheme and continue to invest funds even after issues arise on the platform. This behavior is regarded as the platform's final harvesting tactic.

Police in multiple regions have issued risk warnings, pointing out that the platform is suspected of fundraising fraud. Investigations show that Xinkangjia develops downlines through methods such as "direct referral rewards" and "team commissions," determining levels and profit-sharing ratios based on team size.

Experts point out that this is a typical case of illegal fundraising and eyewash. The platform attracts funds by fabricating an overseas background, promising high returns, and setting up tiered rewards. Using stablecoins such as USDT as a means of deposit allows it to evade monitoring of large cross-border fund transfers.

It is worth noting that some participants knowingly take risks while trying to profit in the "eyewash game." However, this behavior is not only highly risky but may also turn participants from victims into accomplices.

Legal experts remind that even if one is not a core member of the organization, active participation and reaching a certain scale may still constitute joint crime. Even if profits are gained, there may still be legal risks.

For ordinary investors, experts recommend clarifying the purpose of funds, regulatory situation, and responsible parties before investing. If these questions cannot be answered, one should stay away from such platforms. In the face of so-called "early entry, early profit" opportunities, investors need to remain vigilant and avoid blind participation.