[HIGHLIGHTS] Criminal compulsory measures were taken against 43 people from a financial company in Tai'an, Shandong, for illegally absorbing deposits from the public.

Criminal compulsory measures were taken against 43 people from a financial company in Tai'an, Shandong, for illegally absorbing deposits from the public. Liu Dianxin and other criminal suspects registered and actually controlled more than 700 companies.

A large number of these companies are shell companies with no actual business operations and are only used to illegally absorb public deposits. All the assets involved in the case that have been identified have been sealed, detained, and frozen in accordance with the law. The public security organs will intensify their efforts to resolutely safeguard the legitimate rights and interests of fund-raising participants. For illegal and criminal acts that disrupt social order, such as spreading rumors, illegal gatherings, picking quarrels and provoking troubles, the public security organ will pursue legal responsibilities.