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CreditEase Corporation is under investigation by the Beijing Chaoyang police on suspicion of illegal and criminal activities.

PANews October 12 news: The Chaoyang Branch of the Beijing Municipal Public Security Bureau issued a notice stating that recently, the bureau has opened a criminal investigation in accordance with the law into suspected illegal and criminal activities by companies related to CreditEase. At present, multiple criminal suspects, including actual controllers Tang (male, 53 years old) and Zhao (female, 51 years old), have been subjected to criminal coercive measures in accordance with the law. The police are currently making every effort to carry out the investigation of the case and ask investors to actively cooperate with the investigation and evidence collection, while also being vigilant against criminals who commit fraud under the pretext of early repayment.

PANews October 12 news: The Chaoyang Branch of the Beijing Municipal Public Security Bureau issued a notice stating that recently, the bureau has opened a criminal investigation in accordance with the law into suspected illegal and criminal activities by companies related to CreditEase. At present, multiple criminal suspects, including actual controllers Tang (male, 53 years old) and Zhao (female, 51 years old), have been subjected to criminal coercive measures in accordance with the law. The police are currently making every effort to carry out the investigation of the case and ask investors to actively cooperate with the investigation and evidence collection, while also being vigilant against criminals who commit fraud under the pretext of early repayment.

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