Who was the founder of Shenshuo International Network Co., Ltd. and what alias did he use?

The founder of Shenshuo International Network Co., Ltd. was 62-year-old Chen, who used the alias Chen Guang.

What was the total amount of money illegally raised by Shenshuo Company from investors?

Shenshuo Company illegally raised over 4.5 billion NTD from investors through its fraudulent investment scheme.

Which P2P bidding platform did Chen and his company use to publicly recruit investors?

Chen and his company used the CCE China Capital Exchange P2P bidding platform to publicly recruit investors.

What were the promised annual returns offered by Shenshuo Company to attract investors?

Shenshuo Company offered promised annual returns ranging from 32.14% to 188.39%, which were clearly disproportionate interest rates.

When did the special task force conduct search operations and how many suspects were apprehended?

The special task force conducted search operations in April, June, and August 2025, apprehending over 60 suspects including Chen and key associates.

AI News NQ Analysis

Shenshuo Company Illegally Raised Over 4.5 Billion, Responsible Person Sentenced to 18 Years in First Instance

NQ Score 100/100

AI Summary (NQ-processed)

Chen, founder of Shenshuo International Network Co., Ltd., was sentenced to 18 years in prison in the first instance for illegally raising over 4.5 billion NTD through an investment platform. Chen and others lured investors with disproportionately high annual returns of 32.14% to 188.39%, using a scheme where later investments funded earlier ones. Approximately 3,000 victims were identified, with over 1,000 reporting the crime. Chen and 63 accomplices were indicted for fraud, banking law violations, and money laundering, with confiscation of criminal proceeds also requested.

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Frequently Asked Questions

Q: Who was the founder of Shenshuo International Network Co., Ltd. and what alias did he use?: A: The founder of Shenshuo International Network Co., Ltd. was 62-year-old Chen, who used the alias Chen Guang.
Q: What was the total amount of money illegally raised by Shenshuo Company from investors?: A: Shenshuo Company illegally raised over 4.5 billion NTD from investors through its fraudulent investment scheme.
Q: Which P2P bidding platform did Chen and his company use to publicly recruit investors?: A: Chen and his company used the CCE China Capital Exchange P2P bidding platform to publicly recruit investors.
Q: What were the promised annual returns offered by Shenshuo Company to attract investors?: A: Shenshuo Company offered promised annual returns ranging from 32.14% to 188.39%, which were clearly disproportionate interest rates.
Q: When did the special task force conduct search operations and how many suspects were apprehended?: A: The special task force conducted search operations in April, June, and August 2025, apprehending over 60 suspects including Chen and key associates.