According to Mars Finance, the Hedong Branch of the Tianjin Public Security Bureau announced today that Qian Zhimin, the main perpetrator of the illegal public deposit case involving Lantian Ge Rui Electronic Technology Co., Ltd., appeared in court at the Southwark Court in London, UK, on September 29, 2025, after fleeing to the UK for many years. He is suspected of money laundering crimes and pleaded guilty in court. The police stated that they are currently cooperating with UK law enforcement agencies to carry out cross-border pursuit and recovery efforts in order to fully recover losses for the participants in the fundraising. The police remind investors to express their demands rationally and legally, and to be wary of unauthorized cross-border 'recovery agents' to avoid falling victim again. Public information shows that Qian Zhimin was the founder and actual controller of Tianjin Lantian Ge Rui Electronic Technology Co., Ltd., which conducted illegal fundraising under the guise of 'Blockchain Computing Power Investment' and 'Bitcoin Mining Financial Management', raising tens of billions of RMB. After the case broke in 2017, Qian Zhimin fled the country and hid in the UK for a long time.
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