【The "Aixinghe" Ponzi Scheme of 10 Billion, Victims collectively shout 'Release the person'】

The 10 billion fund scheme "Aixinghe" collapsed,

Chairman Wu Fengqin was arrested.

On December 17,

hundreds of deceived investors

gathered outside the Economic Investigation Team of the Baoshan Branch of Shanghai Public Security Bureau,

asking the police to immediately release the chairman of great love.

The investors shouted:

"Release the person! Release the person!"

Netizens who saw this scene expressed:

"You have been cheated out of your money, yet you still speak of great love."

It is reported that,

Wu Fengqin led the Xi'ai Group's Aixinghe,

Aiying Preferred platform,

since its operation, it attracted funds with false advertising,

declaring "daily returns of 1%,

yearly over 300%" high returns,

fabricating false qualifications such as "51% controlled by state-owned enterprises",

"dual headquarters in Hangzhou and Shanghai",

combining false identity endorsements,

inducing investors to invest large amounts,

some investors lost all their life savings,

having no money for retirement,

and even a delivery worker who earned 90,000 yuan was also deceived.

The core model of the project lacks real entity support,

operating through a dual APP linkage,

paying old users' rebates with new users' funds,

the essence is a typical Ponzi scheme,

from July 2025, the withdrawal channels continued to tighten,

until November when the platform ceased operations,

the repayment crisis fully erupted.