Shenzhen Prosecutors Charge 30 in Major Financial Fraud Case

The Shenzhen People's Procuratorate has charged Sui Guangyi, Ma Xiaoqiu, and 28 others with crimes such as fundraising fraud, illegal public deposit absorption, and money laundering. According to NS3.AI, the accused allegedly utilized Ding Yifeng Asset Management and its affiliated companies to engage in illegal fundraising activities through deceptive financial products and 'DDO Digital Options' air tokens. Authorities have confiscated properties, vehicles, equities, and frozen bank accounts associated with the suspects.