Publicizing the collection value of souvenirs, claiming that investing in collectibles can earn higher returns and create a false atmosphere of panic buying... With these deceptive methods, five people, including Li Mouhua, raised funds to defraud more than 1.6 million yuan. Recently, after a public prosecution filed by the Heze Economic Development Zone Procuratorate in Shandong Province, the court sentenced the defendant Li Mouhua and other five people to fixed-term imprisonment ranging from seven to three years for the crime of fund-raising fraud, with penalties ranging from 500000 yuan to 120000 yuan each. Publicizing the potential for appreciation of collectibles and luring the elderly to buy in October 2017, Li Mouhua and others registered and established a Heze Culture Media Co., Ltd., utilizing the characteristics of the elderly's weak awareness of investment prevention, organizing employees to render low-priced calligraphy works, commemorative coins, and other items into collectibles with high appreciation potential, and promoting them to unspecified elderly people, promising to recover or resell them at a high annual yield ranging from 72% to 276%, To lure the elderly to make purchases, more than 60 elderly people were deceived, and the amount involved was as high as 1.6 million yuan. "When I went for a walk in the park, someone advertised that a company had lectures and presented various small gifts. After my friend and I arrived at the company, the salesperson introduced me to buy a calligraphy and painting worth around 5000 yuan, and after three months, the company would recover it at a price of 7000 yuan, earning 2000 yuan for each calligraphy and painting purchased. At that time, I was struck by my heart, but I didn't expect to be cheated of pension money..." Aunt Zhang, who purchased the company's collection, regretted deeply. Another deceived uncle said, "The company salesperson gave me a warm reception, brought me tea and water, and chatted with me about family matters. They called me every day and were very concerned about me. Later, the salesperson told me that the number of calligraphy and painting collections was limited, and they specifically reserved them for me. Don't tell anyone else. Now, buying them definitely appreciates, and if you don't hurry up, you won't be able to buy them." "Our company finds people to distribute gift vouchers in parks, markets, and other places. When customers come to the company to receive gifts, salespeople will introduce them to collectibles such as calligraphy works, commemorative coins, and so on. Most of the people who attract them are elderly people. If they are interested in purchasing collectibles, we promise to carry out high price recovery within a certain period of time. According to the defendant Li Mouming, they have taken many measures to defraud elderly groups to participate in investment.". Firstly, organize employees to conduct scene drills within the company, with employees acting as "salesmen" and "customers" to practice sales pitch for the elderly. Secondly, give gift vouchers to parks, markets, and other places where elderly people often gather, or make phone invitations to attract elderly people to visit the company. Each time, give small gifts such as gloves and hanging noodles, and maintain regular contact with elderly people who are interested in purchasing to constantly close relationships. Finally, by issuing leaflets, holding lectures, and other forms, it is promoted that the calligraphy works, commemorative coins, and other collectibles sold by the company have great appreciation potential and are in short supply, attracting elderly people who lack professional knowledge of collectibles to purchase. Guide the public security organs to comprehensively collect evidence and clarify the whereabouts of the money involved. Li Mouming, Li Mougang, and Li Mouhua originally worked in a collection company. During their work, they saw that the collection purchased at low prices was highly profitable and very profitable after being sold at high prices, and they were intrigued. So, the three people established a collection company in Heze and divided their work. Li Mougang was responsible for purchasing at a low price online