Occasionally reading the “People’s Court Daily,” there was an article mentioning a case of illegal absorption of public deposits tried by the Foshan court:
Subsequently, Aosizhida Company joined as a subordinate distributor of Huasida Company, operating entirely according to Huasida’s fraudulent model: promoting to clients the advertising spaces on the business opportunity zone of the P.CN website, owned by the top-level company of the entire fraudulent network, Greater China Weisida Network Technology Co., Ltd., and their development and investment prospects. They promised that for every 10,000 yuan invested, clients would receive about 1,600 yuan per month, with the investment doubling in less than a year. They then used the received funds to pay out some of the due returns, enticing clients who had received small profits to increase their investments, thereby continuously expanding the scale of public funds absorption.
From this, it can be roughly concluded that the owner of the p.cn website is the core of this fraudulent group.
From the earlier part of the article, it is also seen that this fraudulent model primarily targets middle-aged and elderly people, exploiting their unfamiliarity with the internet, using the lure of lucrative internet advertising spaces to deceive them.
This phenomenon is generally prevalent in the country at present, and a brief explanation can be found on Baidu:
Latest Online Pyramid Scheme Model Recently, “cloud advertising” has become popular online, leading illegal organizations to use the concept of cloud advertising for illegal pyramid schemes. Due to the concealment and deceitfulness of online pyramid schemes, it is difficult for the general public to distinguish them, often mistaking them for “online earning” or “advertising spaces.” With the widespread popularity of online advertising and the increasing cost of advertising spaces, illegal organizations exploit this context by proposing a new model where one buys advertising spaces and then recruits sub-level buyers to earn “commissions.” Moreover, many organizations use well-known companies or payment platforms, such as Alipay and Tenpay, for promotion and deception, leveraging the public’s trust in legitimate websites to develop sub-levels. Due to the rapid spread of the internet, such organizations often quickly amass substantial profits and disappear, with website IPs usually using large foreign proxies, making it difficult for cyber police to investigate. The public is reminded to pay attention, carefully distinguish, and consult relevant professionals.
From this explanation, it seems to be targeting the pyramid scheme fraud method of p.cn, which uses the “cloud” concept to sell advertising spaces.
Additionally, a simple search on Google with keywords like “p.cn fraud” or “p.cn pyramid scheme” yields numerous descriptions from various “victims.”
From the description in the “People’s Court Daily” article, it is clear that the court must have grasped certain internal information to make the statement “the top-level company of the entire fraudulent network, Greater China Weisida Network Technology Co., Ltd. internet site (P.CN website),” perhaps it is indeed already on some blacklist.
I had actually noticed this P.CN website before (apparently from spam emails), and since I once held some CN domains that I thought were impressive, I paid special attention to this seemingly impressive domain… But upon opening the website, it was incomprehensible, and the so-called “cloud services” left me baffled; to this day, I still don’t know what it does.