Recently, some old-age service agencies and enterprises have promised high returns in the name of old-age services and healthy old-ages, charging member fees, bed fees, and fraudulently selling "health products" to implement illegal activities that infringe on the legitimate rights and interests of the elderly Financing, pyramid schemes and other crimes have caused serious property damage to the elderly. Such activities are different from normal old-age care services, and there are major risks:
1. High rebates cannot be realized. The rebate fund mainly comes from the fees paid by the elderly, which belongs to the demolition of the eastern wall and the western wall. Most old-age service agencies and enterprises do not have proper service entities and benefits that match their promised returns. It is difficult to sustain the operation of funds, and high rebates are just fraudulent gimmicks.
Second, the security of funds cannot be guaranteed. Some old-age service agencies obviously exceed the commitment capacity of bed supply capacity, or promise to repay principal and interest beyond the sustainable profit level, and collect high-value members from members in the name of "Vip Card", "Member Card", "Prepaid Card", etc. Fees, security deposits or recharge of membership cards to absorb public funds. A large amount of funds from the public has not been effectively monitored and controlled by the sponsoring agency, and there is a risk of transferring funds and running funds.
Third, health needs cannot be met. Some companies conduct false or misleading business to the elderly through conference marketing, health lectures, expert free consultations, free inspections, free experiences, gifts or unreasonably low-price travel, and telemarketing, door-to-door sales, and online sales. Publicity and promotion of the so-called "health products", because the concept of "health products" has no legal orientation, it is often used to steal the beam and change the concept, and mix with legally registered and approved drugs, medical devices, health foods, etc. to deceive consumers' trust , But the claimed health functions have not been scientifically evaluated and approved, and often do not have health functions, or even cause illness.
Fourth, the operating model has illegal risks. Some old-age service agencies sell fictitious old-age apartments, old-age villas, or in the name of investment, franchise, equity health-care old-age pension bases, old-age apartments and other projects, they promise to absorb the funds by means of return sales, after-sale charter, agreed repurchase, and sale of real estate shares. Some companies do not have the real content of selling goods or do not use the main purpose of selling goods. Instead, they use illegal means such as free travel, gifts in kind, health lectures and other deceptive and inducement methods. Public funding. The above actions of relevant institutions and participants have risks such as illegal fundraising.
According to relevant regulations, the organization of the implementation of illegal fund-raising shall bear corresponding responsibilities, and participate in the illegal fund-raising at its own risk. The elderly and their families are requested to increase their vigilance, increase their awareness of risk prevention and their ability to identify, and consciously stay away from illegal fundraising and pyramid schemes to prevent damage to their interests. If you find clues about suspected violations of the law, you can actively report to relevant authorities.
Ministry of Civil Affairs China Banking Insurance Regulatory Commission
State Administration of Market Supervision
December 3, 2019