Film investment scams have reappeared with new victims. Some companies claim that ordinary people can invest in films, and promise high returns, such as "doubling the income from investing in films", "sharing the dividends of film development", and "the entry threshold is as low as 5,000 yuan". With the recovery of the domestic film market, these companies have become more active.
Recently, the Lanzhou Municipal People's Procuratorate and the Lanzhou Municipal Public Security Bureau jointly issued a notice on the collection of clues for the "8.17" film and television investment fraud case. The notice shows that in 2022, the Lanzhou Public Security Bureau successfully cracked a film investment fraud case led by Li Moumou. Criminal gangs use a variety of identities and social media to trick investors into buying a "share of the revenue" of a movie, and then inflate the film's production costs and expected box office revenue to commit fraud. They only use a small portion of the scam money to buy movie shares, and the rest is used for fraudulent operations and personal splurges.
The case involved 4 companies and 12 films. They are Beijing Eight Millimeter Culture Media *** Zhongrui Taifeng (Beijing) Cultural Communication *** Beijing China Film Xinyi International Film and Television Culture Media *** Beijing Mai Feng Shengshi Culture Media *** The movies are "The Van Gogh Project", "Monkey King: The Demon Monkey", "Mai Luren", "Rescue in the Angry Sea", "Poet", "Rescue with Death", "Oba, You Are So Handsome", "Ruffian Lover", "Money in Embarrassment", "Love You with All My Heart" (renamed "Fist Mother" or "Punch, Mom"), "Shanghai, Shanghai" and "Luban Underground Palace".
Previously, the producers of the movies "King of the Sky", "The Wandering Earth 2", "Watergate Bridge" and "Tang Detective 3" have all issued statements about being impersonated for financing, reminding investors to pay attention to screening. Jia Ling's movie "Hot and Hot" also released an official statement, reminding investors to be vigilant and beware of being deceived.
According to publicly available legal documents, whether fraud was involved or not was the main issue in this civil case. For films that have not yet been released, some courts have upheld the investor's civil claim, while for the film that has already been released, the investor's claim is mostly denied. According to ** and the procuratorate, many investors bought some because of the support of A-list stars and the recommendation of film and television project managers"Revenue share"。
According to reports, there have been more than 2,100 victims, and the amount involved has reached more than 700 million yuan. However, due to investors' lack of legal knowledge, their evidence in the investment process is often incomplete, making it difficult to recover the investment money. Dr. Luo Rentong, a senior researcher at the Guangdong Provincial Innovation Strategy Research Association, suggested that ordinary investors should avoid investing in this field due to the high threshold for film and television investment. If you really want to try, you need to obtain all the relevant information about the film and television drama to evaluate the authenticity of the project and the producer's ability to perform the contract.
Film and television investment fraud has a long history, especially ten years ago, a large number of outsiders poured into the film and television industry, and used the first film and television investment funds as the original capital accumulation of the company's other businesses, and film and television investment has been risky many times.
For example, "The Big Bombing" starring Fan Bingbing, which was established in 2016, involved tens of thousands of individual investors with more than 10 billion funds. It is understood that Kuailu Group, the investor of "The Big Bombing", and Shi Jianxiang, the boss of its parent company Hehe Film and Television, are associated with hundreds of Internet, financial and film and television-related companies.
Kuailu Group announced that "The Big Bombing" cost 7500 million yuan, but director Xiao Feng only had a budget of 80 million yuan when he took over the film. This has led many industry insiders to question the fact that the investment amount of the film is exaggerated. What's even more surprising is that the film raised as much as 15 billion yuan, involving more than 10,000 investors, far exceeding the highest expected production cost of "The Big Bombing".
Even, director Xiao Feng revealed after the filming was completed that due to insufficient funds, he had to sell the house, and the balance was only 1,500 yuan. It can be seen that the 15 billion yuan of funds may not be fully used for the crew.
The concealment of the "Big Bombing" fraud case for individual investors lies in the fact that Kuailu Group, which carried out the fraud, is indeed the main prosecution, and the project has celebrities involved, which is difficult for ordinary investors to identify. The influence of the "Big Bombing" case has aroused the common concern of the film and television industry and the securities regulatory market. Under the optimization of the system, the living space of cross-border companies in the field of film and television is gradually shrinking.
Due to the complexity of film investment, the public security organs remind: as an individual investor, when approaching film and television investment projects, if you find that the film and television investment publicity contains "guaranteed, risk-free, high-yield, guaranteed profits and no losses", and attract investment to specific groups such as the elderly, you must be cautious and vigilant.
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