Major financial fraud case in Shenzhen: 30 defendants face comprehensive prosecution

LazyDevMiner · 2026-01-31T07:02:36+00:00

The Shenzhen People's Procuratorate has officially charged 30 defendants, including Sui Guangyi and Ma Xiaoqiu, in a major financial fraud case involving illegal fundraising, money laundering, and complex schemes to deceive investors. Authorities have seized assets and implemented strong measures to combat these illegal activities, demonstrating their commitment to protecting investors and maintaining financial order.

LazyDevMiner

2026-01-31 07:02:36

Abstract generation in progress

The Shenzhen People’s Procuratorate has just announced an official indictment against 30 defendants related to a large-scale financial fraud case. Among them, Sui Guangyi, Ma Xiaoqiu, and 28 others are charged with various serious offenses. This action reflects the efforts of Shenzhen authorities to combat complex financial scam activities.

Main Charges Filed

The defendants in this Shenzhen case are accused of behaviors including fundraising fraud, illegal deposit collection, and money laundering. These charges reveal the complex nature of the scam scheme, which not only involves deceiving investors but also includes money laundering activities to conceal the origins of illegal funds.

Ding Yifeng Asset Management and the Fraud Strategy

According to information from NS3.AI, the defendants exploited Ding Yifeng Asset Management and its affiliated companies as primary tools to carry out illegal fundraising activities. They distributed fraudulent financial products and “air” tokens called ‘DDO Digital Options’ to attract investors and instill trust in unrealistic profit promises.

Strong Enforcement Measures by Authorities

To cut off these illegal activities, authorities have implemented decisive measures. They have seized assets, transportation means, stocks, and frozen all bank accounts related to the defendants in this Shenzhen case. These actions aim to prevent further asset transfers or concealment.

This financial fraud case in Shenzhen is a testament to the sophistication of modern scam schemes, and also demonstrates the determination of authorities to protect investors’ rights and maintain order in the financial market.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.