Four departments issued warnings on the risk of illegal fund-raising in the elderly care sector——

Be wary of old-age care becoming "pit" old

　　Beijing, May 17 (Reporter Qian Qingni) The National Aging Office, the Ministry of Public Security, the Ministry of Civil Affairs, and the China Banking and Insurance Regulatory Commission issued a risk warning on illegal fundraising in the elderly care sector on the 17th (hereinafter referred to as "risk warning"), stating that: Recently, under the banners of “elderly service” and “healthy pension”, some institutions and enterprises have used “high interest and high return” as bait to implement illegal fund-raising activities to absorb funds from the elderly, causing serious property losses and mental harm to the elderly. There are major hidden risks.

　　"In recent years, frauds in the financial sector of the elderly in our country have occurred from time to time. Some institutions under the guise of pensions commit illegal acts, sell financial products that do not meet the characteristics of pensions, and use high dividends as bait to carry out illegal fund-raising." China Postal Savings Bank analysis Shi Lou Feipeng told the Economic Daily reporter that on the one hand, personal financial literacy and ability to identify financial risks need to be further improved; on the other hand, the supply of formal financial products is relatively short.

In addition, the efforts of relevant departments to crack down on financial fraud need to be further strengthened.

　　It is understood that there are four main manifestations of illegal fund-raising in the elderly care sector.

One is to provide "elderly care services" in the name.

Some organizations charge high membership fees, deposits, or recharge their membership cards in the names of "VIP cards", "membership cards", "prepaid cards" and prepayment of "old-age service fees".

The second is in the name of investing in "elderly care projects".

Some institutions or enterprises illegally raise funds in the name of selling fictitious retirement apartments or long-term lease of retirement beds, selling retirement apartment use rights, etc., through rebate sales, after-sale lease rebates, agreed repurchase, promised high interest, and "private equity funds". .

The third is in the name of selling "elderly products".

Some companies deceive and induce the elderly by means of commodity repurchase, deposit and sales, consumer rebates, free medical examinations, free travel, gift giving, conference marketing, health seminars, and expert consultations.

The fourth is to declare "retirement of housing" in the name.

Under the banner of “retirement with housing”, some companies induce the elderly to sign “borrowing” or “borrowing”, “mortgage” and “guarantee” in disguised form to mortgage their houses to obtain loan funds, and then use the funds to purchase their “financial management products”. And promised to pay high interest.

　　Lou Feipeng believes that individuals must strengthen the accumulation of financial knowledge, and the financial sector must also do a good job in financial consumer education to further improve personal financial literacy; it is necessary to expand institutional and product access, optimize policy support, and allow financial institutions to provide more suitable personal pension accumulation. In addition, multiple departments should jointly increase crackdowns and punishments on financial products that do not meet the needs of the elderly under the pretense of retirement.

　　It is worth noting that, in accordance with the "Regulations on Prevention and Handling of Illegal Fund Raising" and other relevant regulations, illegal fund-raising persons and illegal fund-raising assistants will be seriously held accountable, and participating in illegal fund-raising will be at their own risk.

Relevant departments stated that the elderly and their families are requested to be vigilant, strengthen risk prevention awareness and identification capabilities, and consciously stay away from illegal fund-raising to prevent damage to their interests.

If you find clues that are suspected of illegal crimes, you can actively report to the relevant departments.

　　Qian Qingni