Beijing’s Chaoyang branch of the Public Security Bureau said it has opened a criminal investigation into companies related to Yixin on suspicion of illegal and criminal activity. According to the police notice, multiple suspects have already been placed under criminal compulsory measures, including actual controllers Tang, a 53-year-old man, and Zhao, a 51-year-old woman. Authorities said the case is under full investigation.
Police also called on investors to actively cooperate with evidence collection and related inquiries. In the same notice, authorities warned the public to stay alert to scams carried out in the name of early repayment or early兑付-style settlement offers. The statement did not disclose additional details about the alleged offenses or the scale of the case.
Beijing’s Chaoyang branch of the Public Security Bureau said it has formally opened a criminal investigation into companies related to Yixin over suspected illegal and criminal activity.
According to the police notice, multiple criminal suspects have been placed under criminal compulsory measures, including actual controllers Tang, a 53-year-old man, and Zhao, a 51-year-old woman.
Police ask investors to assist with evidence collection
Authorities said they are fully pursuing the case and asked investors to actively cooperate with the investigation and evidence collection. Police also warned the public to watch for fraudsters using so-called early repayment as a pretext for scams.
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