Shenzhen Procuratorate prosecutes 30 people in Ding Yifeng's illegal fundraising case; false financial management and air coins become the main tactics

The Shenzhen People’s Procuratorate has filed a public prosecution against more than 30 defendants in the Dingyifeng fundraising fraud case. The case involves multiple charges including fundraising fraud, illegal absorption of public deposits, money laundering, embezzlement, crossing borders illegally, and providing false certification documents. The core offender, Sui Guangyi, used the guise of “Chan Yi Investment Law” to carry out scams through false financial products and “DDO digital options” air coins, ultimately leading to a collapse of the funding chain and a major explosion. This is a typical case of fraud combining false financial management and air coins.

Key Case Information

Defendants and Involved Institutions

According to the latest news, the defendants in this case include Sui Guangyi, Ma Xiaoqiu, and others, totaling 30 people. The involved institutions include Shenzhen Dingyifeng Asset Management Co., Ltd. and Hong Kong Dingyifeng International Holdings Group Co., Ltd., along with their affiliated companies.

List of Charges

• Fundraising fraud
• Illegal absorption of public deposits
• Money laundering
• Embezzlement
• Crossing borders illegally
• Providing false certification documents

The multiple charges reflect the complexity and severity of the case, involving scams, fund absorption, capital transfer, forgery of documents, and other crimes across the entire chain.

Analysis of Fraud Methods

Fake Identity Packaging

The core offender, Sui Guangyi, claimed to be “the Seven Stars of Beidou Descending,” a typical tactic of deifying oneself and creating trust. By assigning himself a mysterious identity, he attracted investors seeking “expert guidance.”

False Investment Theory

The “Chan Yi Investment Method” claims to achieve high returns. Such false investment theories often lack real trading logic support and are fabricated solely to attract funds.

Fake Financial Products and Air Coins

The case employed a dual scam mode:

• Fake financial products: claiming to have stable returns
• DDO digital options: classified as “air coins,” meaning tokens without real value backing

This combination appeals to traditional financial investors as well as cryptocurrency investors, expanding the victim pool.

Regulatory Significance

Investor Warnings

This case reminds investors:

• Be cautious of any investment products claiming “high returns” or “stable income”
• Do not be deceived by the packaging of investors’ identities; genuine investment ability does not require deification
• Exercise caution with unfamiliar new investment products (such as newly issued digital options)
• The collapse of the funding chain is often the final outcome of scams

Industry Insights

This case involves a scam mode combining false financial management and cryptocurrencies, indicating:

• Regulatory authorities are increasing their focus on illegal fundraising involving crypto assets
• Using air coins for illegal fund absorption is becoming a key target for crackdown
• Cross-border capital transfers (involving Hong Kong companies) are also within regulatory scope

Summary

The Dingyifeng case is a typical major case of combined false financial management and air coin fraud. Over 30 defendants are involved in six charges, demonstrating the strong organization and clear division of labor within the criminal group. From fake identity packaging to false product design and capital transfer, the entire scam chain is complete. The prosecution by the Shenzhen Procuratorate marks the case entering the judicial process, and subsequent court rulings will serve as an important precedent for similar cases. For investors, this case once again proves that any promise of high returns detached from basic economic principles should be viewed with suspicion.