Is Baixing Group app a fraud software?

The people's group app is not a fraud software.

Baixing Group Co., Ltd. is a private enterprise group integrating industrial manufacturing, real estate and financial investment, with an operating income of 25.5 billion yuan in 2020, ranking 37 1 among the top 500 private enterprises in China in 2020. The group's industrial manufacturing sector has 30 years of experience in research and development of polymer materials, and its products involve PVC calendered films, card-based materials, special polyester films and solar packaging films. It is one of the leading functional film production bases in China.

Its business scope includes real estate development, plastic products (except medical plastic products), plastic raincoats, stationery, luggage, leather photo albums, books, paper products manufacturing, metal materials, building materials, daily necessities, labor insurance products sales, house rental, sale, house construction, and computer software development for indoor and outdoor decoration.

To engage in the export business of products and technologies produced by the enterprise, and to engage in the import business of machinery and equipment, spare parts, raw and auxiliary materials and technologies needed by the enterprise, except for commodities and technologies whose import and export are restricted or prohibited by the state.

Routines of fraudulent software:

1. Transfer money outside the platform to recharge the deposit.

All frauds need to be recharged or transferred, that is, the victim needs to recharge his money into the account of the fraud App before the fraud step is completed. The recharge methods of formal investment and financial platform are all integrated on the platform, that is to say, you can directly recharge the investment and financial platform with the bound bank card. The recharge method can be bank card payment, or other third-party payment methods such as WeChat and Alipay.

In contrast, there is a very big loophole in the recharge method of fake investment platforms made by scammers, that is, the recharge method is generally not integrated into the platform.

There is basically only one way to solve the recharge problem, that is, off-platform transfer. That is, you need to transfer money to the other party's account through bank card or Alipay or WeChat. Even if some APP interfaces provide a clickable interface of "recharge", clicking only provides the information of the other party's collection account and cannot directly transfer money on the platform.

2. It is required to transfer to a personal account and frequently change the collection account number.

In order to let everyone know about this payment loophole in the liar APP and platform, learn to draw inferences, and let me tell you why this happens.

The reason is actually very simple, nothing more than cost, safety and technology. To integrate recharge on the App, you must use a corporate account, that is, a company account or a company account, and personal accounts cannot be handled. To integrate banks, Alipay and WeChat payment into the App, you must apply for interfaces from banks, Alibaba and Tencent. This application must be an enterprise account, and you must provide business license, organization code, legal person ID card and other relevant information.