Mainland Financial Victims Petition Group Issues Open Letter to Voice Demands

The once flourishing mainland p2p online lending platform, a wave of closures in 2018, the end of last year, the Chinese Communist Party authorities announced a zero, financial victims around the wave of rights once again erupted, the mainland financial victims formed a petition legion recently issued an open letter against the public prosecutor’s office illegal case, the original financial fraud cases are characterized as illegal fund-raising and so on.

The petition legion of 400 million financial victims in China recently issued an “open letter to the national public prosecutors and law enforcement officials”, raising five major issues: including the fact that the investigators have reversed the procedure of handling cases under the law, from “investigation first, qualification later” to “investigation first, qualification later”. The case is not handled openly and honestly; no investigation into the direction of the funds; all clues and evidence related to contract fraud are not included in the file; and no action is taken to recover the late losses.

Mainland financial victims said that the law all over the world is “investigation first, then characterization”, but their cases everywhere are first characterized as illegal fund-raising, they become not victims.

The anonymous mainland financial victim: “We have more than 40,000 platforms in the country, I should say that ninety-eight percent are joint venture fraud, but the Ministry of Public Security and the Banking Regulatory Commission for ulterior motives, must be designated as non-set, that is, to the eighty million billion, they want to stay, must be illegal to handle the case.”

Ms. Lin, a victim of the Dongguan financial crisis, complained that they all invested their money because they believed in the government and media propaganda, and many of them invested their Life savings, but now they are penniless and living in poverty.

Dongguan financial victims Ms. Lin: “Dongguan City, the mayor at the Time, the Financial Bureau of those leaders is to the group of loan sites on the stage, Dongguan City TV is to the group of loan network advertising, I believe the government to lend, Dongguan City Government has now taken over more than two years, we did not get a penny, you know how many people in Dongguan lenders led to wives and families, because there is no money see a doctor to lose their lives.”

According to the latest rights defense video circulated by financial victims, March 20, a large number of financial victims around the Beijing Jingguang Building to collectively defend their rights, the authorities sent large police cars and buses to arrest people, victims around the rights have also been suppressed by the police, grabbing banners, drive away, and even beat, people arrested.