Pengcheng Loan: An abnormal death of a network loan platform

The rapid expansion of the net-loan industry recently suddenly accelerated the shuffle, almost on average 1 closed every day. What is the story of the failed net loan platform? A closed net loan company insiders for the first time to reporters out of the insider-false label, high interest deposit, to hire a vest disguised as investors ...

December 1 afternoon, Shenzhen Futian District century Center of Excellence, Pengcheng Venture Capital Management company General Manager Ma Yunpeng sits in the office, the Office Hall is empty, the chairman room is a mess. This is a personal (peer-to-peer) network loan platform, according to industry practice, called "Pengcheng loans." Under the bright sunlight, this grade A office building periphery also has many senior office buildings, Shenzhen more than 100 net loan platform mostly settles in this area.

In just a few days, Ma Yunpeng experienced a dramatic change in his identity. Formerly a company executive, is now senior executives, police investigation target, net loan fraud victims three kinds of identity in one.

"I have 3 million dollars on Wang myself." More than 1 million of them come from credit cards and don't know what to do next. Ma Yunpeng a face of exhaustion.

He called the Investment company Net Loan Project "invests in Wang" body, because the company's funds are in the legal representative, the chairman Wang's personal account, Wang is this company's boss, also controls all people, this is the net loan profession finance extremely nonstandard one typical.

The boss is running.

Yesterday, many investors in the company's door pulled up the banner of debt collection-"Pengcheng loan Wang fraud hundreds of millions of abscond", they have to the Shenzhen police report.

"I don't know why the boss ran, no sign. Ma Yunpeng said that no one had threatened or forced to collect the accounts before the boss ran away.

In fact, the failure of the network loan platform is not without signs, the most important thing is to mention the difficulties, because this means that the capital chain break. Most of the net-loan platform before the failure to limit the present, the reason is that there is a problem. If it is really a temporary delay, in the network loan platform is not a very serious problem, in fact, most of the platform is to rob Peter to play the game, this difficulty can not be solved.

Pengcheng loans on November 4 began to issue "short-term restrictions on the proposed" announcement, said a number of recent overdue, the company decided within 7 days in accordance with the application of the timing of the order of the sequential queuing cycle limit dozen, each day limit of 5000 yuan, the period will be given to investors stand guard funds 0.13% daily compensation.

November 11 failed to resume the freedom of the present, only announced the following 4 days to increase the company's daily total to 700,000 yuan, which means that even if the limit of 5000 yuan, can only meet 140 investors. In fact, at that time, the real limit to 1000 yuan, but we are willing to believe that the Wang, the Platform for fraud can go directly, do not have to pay two hundred thousand or three hundred thousand yuan a day, but Wang did not run. "Ma Yunpeng said.

Another 4 days in the past, the situation seems to be better, the company said November 15 large funds will be to the account, 200,000 yuan below the investors, each maximum can be a sum of 45,000 yuan, 200,000 yuan can be 30%. Just as investors think Wang and companies in the efforts to solve the problem, but in late November learned that Wang disappeared, and finally a lot of investors ended up without a penny.

Ponzi scheme

Ma Yunpeng is still not convinced that the Pengcheng loan is a full Ponzi scheme. Pengcheng loan is a typical high interest net loan platform, after the opening last year, investors photographed on the platform of the loan mark Monthly 2 points, the monthly award can be as high as 2 points, plus other rewards, monthly up to 4 to 5 points, which means that investors keep rolling investment, annual income can reach 60%.

"If it is a Ponzi scheme, how can this high cost of capital be sustained over a year?" "Ma Yunpeng can't answer this question he himself raised, he thinks it's a mystery."

"This is a Ponzi scheme. Investor Wen Jianhua told reporters.

Enter the Pengcheng loan site, you can see with the common network loan platform is different, the loan is the target of all cars, to the car for mortgage loans in the net loan platform is not very rare. "These are obviously false bids. "Wen Jianhua said.

Jin Hai loan Chairman Zhang Boyu to the securities Times reporter talk about the industry rules, the use of real estate, car mortgage loans, he did not do, because in Shenzhen have a car can be in the bank or lower cost of financial institutions, do not have to Peer-to-peer platform to assume monthly as much as 5% of the arbitrage.

The fact also proves that the Pengcheng loan website hangs out lets the investor take the target is "the false mark". All the assets of the Pengcheng loan that the police have detained are two cars in Wang's name. According to people familiar with the matter, Wang value of 6 million yuan of property has already been mortgaged to the guarantee company, and the company name does not have the car mortgage assets can be seized.

Ma Yunpeng also remembered that once investors came to visit, Wang put dozens of luxury cars for the tour, these cars may be rented. I asked privately about the second-hand car market, who said he had never cooperated with Wang. Ma Yunpeng began to string up all kinds of doubts.

"Now think about it, Wang abroad is carefully planned." Ma Yunpeng said that November 15 Wang also let the Ministry of Finance to pay front-line staff, branch and the General Staff arrears, which makes the frontline and investors to deal with employees adhere to positions, for Wang abroad to create time to facilitate.

Ma Yunpeng, Wang acquaintance for many years, this is ZTE communication work colleagues. As a technical man, he served as general manager of the technical level and some activities planning, net loan business Wang said that the core confidential is not convenient to disclose, he did not intervene. "I do not understand the responsibilities of the general manager, I do not know will come to this road of eternal perdition." "Ma Yunpeng said.

The Ponzi scheme came to an end last week and uncovered a real corner. After November 6, Wang no longer appeared, and rarely answered the phone. November 21, there are investors Wang on November 13 issued a passport, which makes the investor group on the final trust of Pengcheng collapse. Ma Yunpeng through QQ to Wang negotiation, either hand over the passport, or investors alarm. "Then call the police." Wang left the last words. Then no one can contact Wang. The Shenzhen police filed a case on 24th.

The dummy behind the vest

Closed the Peer-to-peer platform is more high interest, self-integration, that is, to get the funds themselves, so how to attract people to invest in the money is very important. Many of the methods of Pengcheng loans have been exposed in recent days.

Pengcheng loan A newly-emerging large "15th artillery" attracts the attention of other investors, the bid is very positive, we all call him "artillery." A reporter obtained a data show, he just Wang arranged one of the vest. "Navy, vest on the internet is very common, used to create public opinion." But to cultivate the vest into a fake big, this may also be the network loan industry characteristics. "As the general manager of the Ma Yunpeng also just know what is vest." Wang abroad, "artillery" to the police surrendered, he is actually Wang University classmate.

"Artillery" said, after graduating from university and Wang did not contact, Pengcheng loans after opening Wang many times to invite students to eat, show more than 7 million yuan after the seat, invite students to the company's technical department. "Artillery" resigned later when the company, Wang suddenly said don't go to the company to work, he packaged into a large, and then participate in investors all kinds of parties, go out to investigate, expand the influence of Pengcheng loan.

This August, "artillery" learned the net loan bid, grab the knowledge of the mark began a vest career, holding a wang to millions of of funds in the platform repeatedly in and out. September, the artillery received a monthly salary of 15,000 yuan, the present also received interest, and then when the present, Wang not let mention.

"Wang each time first the money hit me in the Pengcheng loan platform binding bank card, let me immediately recharge to the platform to bid." Wang often in the platform after the mark, with QQ urge me ' hurry up to fill up '. "Artillery" said in the readme.

High Interest Trap

Login Pengcheng Loan Site, you can see the eye-catching home page ads-let the investment run to win inflation! This is to attract a lot of investors, the Pengcheng loan since its inception on the high interest rate known in the industry.

The hidden peril of high interest rates, the first awakening is the large investment. Wen Jianhua is Wang Vie, began to invest in Pengcheng this February, he said, "Pengcheng loans and other accident platform is a bit different, pits are acquaintances, friends." ”

Wen Jianhua began to invest 50,000 yuan, then rose to 100,000, this August increased to more than 2 million yuan, October to more than 4 million yuan. Now he is afraid to go home, also dare not face friends, because these more than 4 million yuan from more than 10 relatives and friends.

Ma Yunpeng, Wen Jianhua and other people said, do a lot of credit cards to cover the present, but also Wang teach them "empty gloves white Wolf" approach. "Pengcheng loans to investors of the actual arrears of about 80 million yuan, more than 2000 platform members, but the funds are mainly concentrated in dozens of people, and are very trusting Wang relatives and friends, including old classmates, old colleagues and so on." "Ma Yunpeng said.

These students, colleagues have suspected that the Pengcheng loan is false target, but feel Wang diligence, should be the platform from the financial investment to some promising projects to go. Investor Wang said that the new network loan platform will generally use high interest to attract customers, but the continued high interest rate is very strange. "The company is ready to bring down interest this year, but Shenzhen's Oriental venture opened in June and became famous at the highest interest rate in the industry. Ma Yunpeng said.

Under high interest, Pengcheng loans can continue to operate for more than a year, the reason is that the pool of funds from small to large, although Wang himself to bear the high interest expenses, but the scale of the platform is constantly growing, new funds far cover the old funds. "When it was founded last year, the daily turnover was a hundred thousand of yuan, which amounted to 3 million yuan in October this year." August Platform trading volume of about 60 million yuan, October big increase to 120 million yuan. "Ma Yunpeng said.

According to the calculation, platform funds deducted vest, online funds actual gap of more than 50 million yuan, the line of more than 20 million yuan, Wang a total of 80 million yuan.

As to how much money Wang can roll away, Ma Yunpeng to reporters did another calculation: More than a year, the staff salary and rent expenditure of more than 10 million yuan, to the investors interest and reward about 20 million yuan, and then deduct the part of the investor has been mentioned, Wang the funds in the 10 million to 20 million yuan. But Wang may not be able to roll away so much money, some people even speculate that Wang is no money to run.

In the last week, more details surfaced as companies continued to explode inside each other. Company people also know, Wang more than 7 million Yuan Ferrari car mortgage 2 million yuan, to its assistant 100,000 yuan to drink a bottle of beer Hao Award and so on.

Pengcheng loans like a year of chess. "I was going to die." Go back to do technical work, technology lost a year. Continue to do the net loan, the reputation stinks. Without income, repayment pressure is enormous. Can't see the future. Ma Yunpeng a face depressed. On his desk was a judicial interpretation of the Supreme Court's criminal case for illegal fund-raising, and he did not know what kind of judicial investigation was to be faced.

Investors old Wang originally planned to go to Nanjing next year to settle the house, now principal quilt, wife did not work, life changes, a home was scolded by his wife.

As for the Wang, the police have issued an arrest warrant and do not know where the country is.