LUC Computing Power Annual Dividend Scam: A Ponzi scheme featuring fictitious large-model computing power mining and promising high annualized returns

Who Gets Targeted

Victims are primarily middle-aged investors and some micro-loan users who have some disposable capital, are eager to capture tech dividends, but lack underlying technical discernment. Seeing tech giants' stock prices skyrocket, they experienced FOMO (fear of missing out), gullibly believed screenshots of high computing power leasing returns shared in chat groups, and thought buying raw computing power would yield effortless passive income. They overlooked the fact that computing power mining does not generate legitimate proof of computing power monetization, and ultimately their funds were misappropriated at the bottom layer.

骗局怎么运作

• Packaging the computing power project: Scammers posted promotional materials in WeChat groups and investment forums claiming partnerships with major international tech giants to launch computing power financial products. They fabricated photos of real GPU clusters and intelligent computing centers, when in reality no underlying computing power equipment was ever purchased, operating entirely as an empty shell while hyping up the myth that computing power equals gold in the groups.
• Promising high returns: Salespersons used professional scripts to induce users, claiming that after purchasing cloud computing power, the platform would uniformly allocate it for large-model training and return fixed monthly yields with an annualized rate as high as 15% to 30%—far exceeding bank financial products—while promising principal and interest guarantees to dispel victims' concerns about high-interest risks.
• Recruiting referrals for commissions: In addition to static computing power dividends, the platform set up dynamic referral rewards, claiming that as long as new users were recommended to purchase computing power packages, referrers could get a 10% direct referral bonus of the investment amount along with team management bonuses, inducing early investors to frantically drag friends and family into the scheme, forming a viral chain.
• Forging transaction proofs: The backend system provided a fake computing power mining dashboard generating daily computing power points and cryptocurrency balances, misleading investors into thinking there were actual outputs and using false data to create an illusion of profit, but these numbers could ultimately never be converted into fiat currency.
• Restricting withdrawals and harvesting: When investors attempted to withdraw funds, the platform refused under the pretext of system upgrades or paying individual income taxes, while launching a three-month lock-up period with doubled interest to stall major investors. Once the funding pool dried up, the operators directly shut down the website and fled, completing the final harvest of retail investors.

红旗信号（看到这些快跑）

• 🚩 Abnormally high yields: Claiming fixed annualized returns unaffected by market fluctuations, far exceeding the net profit margins of normal intelligent computing center leasing.
• 🚩 Referral-based model: The core profit source comes not from selling computing power to AI companies, but from relying on incoming investor funds to pay interest to older users.
• 🚩 Lack of qualifications and endorsements: The claimed intelligent computing center addresses are fake, lacking energy consumption quota approvals and value-added telecommunications business licenses.
• 🚩 Funds deposited into private accounts: Requiring funds for purchasing computing power to be transferred to unknown personal bank accounts or cryptocurrency addresses rather than corporate public accounts.
• 🚩 Demand deposit high-interest temptation: Claiming anytime deposit and withdrawal while secretly setting high withdrawal barriers and inducing long-term lock-ups in exchange for higher interest.

真实案例

• In early 2026, an app named LUC Computing Power circulated in WeChat groups, claiming that investing in AI computing power mining could yield high annualized returns and attracting user participation. Months later, due to a capital chain break and inability to withdraw funds, a large number of investors sought legal recourse and reported the case to the police.
• In June 2026, the Chongqing Municipal Government issued a risk warning exposing a series of scams claiming to invest in AI servers, pointing out that any projects promising guaranteed principal and interest with annualized rates exceeding 8% constitute illegal fundraising.
• In April 2026, Taiwan cracked down on an illegal fundraising case under the guise of developing mining accelerators. The scam syndicate lured investors with empty-shell equipment priced at 1,000 USD per unit, with the mastermind raising over 1 million yuan. The suspect was arrested on the spot by police midway through an introductory presentation meeting.
• In September 2020, Heilongjiang police cracked the Columbus CAT virtual currency mining machine pyramid scheme. The organization promoted company mining machines for mining under the gimmick of blockchain, hyped up the favorable appreciation prospects of the mined currency, and returned coins by developing others to increase mining speed. Membership reached over 3 million people. Police arrested 28 syndicate members, freezing and detaining funds, real estate, and vehicles with a total value of nearly 300 million RMB. (Source: [https://www.theblockbeats.info/news/20874](https://www.theblockbeats.info/news/20874))
• In November 2020, the PlusToken pyramid scheme case was finalized in a second-instance judgment by the Yancheng Intermediate People's Court in Jiangsu Province. The platform claimed to possess smart dog brick-moving arbitrage functions, but in reality lacked such functions and any actual business operations. It registered 2,693,494 member accounts across up to 3,293 levels, collecting 8 types of digital currencies equivalent to over 14.8 billion RMB, with the principal culprit sentenced to 11 years in prison. (Source: [https://finance.sina.com.cn/blockchain/coin/2020-11-30/doc-iiznctke3965289.shtml](https://finance.sina.com.cn/blockchain/coin/2020-11-30/doc-iiznctke3965289.shtml))

Official Stance

• The People's Government of Chongqing Municipality issued a precautionary warning in June 2026, explicitly stating that tech finance projects claiming to invest in AI servers while promising guaranteed principal and interest are all traps.
• The People's Bank of China and eight other departments jointly issued the 'Notice on Further Preventing and Disposing of Risks Associated with Virtual Currencies and Related Matters' in February 2026, explicitly stating that related businesses constitute illegal financial activities.
• People's Daily Online issued a risk warning in August 2026 regarding the prevention of illegal financial activities related to virtual currencies, reminding the public to be vigilant against novel scams adopting new concepts such as artificial intelligence computing power.

How to Protect Yourself

• ✅ Verify corporate qualifications: Check through relevant national systems whether the platform possesses qualifications related to computing power leasing and value-added telecommunications services.
• ✅ Beware of high-interest temptations: Any computing power financial product promising guaranteed principal and annualized returns exceeding 6% is suspected of illegal fundraising and should be resolutely avoided.
• ✅ Reject personal accounts: Legitimate cloud computing power service providers will inevitably use corporate public accounts; any requests to transfer funds to personal accounts are scams.
• ✅ Reject recruitment referrals: Promptly exit and retain evidence to report to the police any so-called computing power distribution projects that rely on recruiting downstream members as their primary profit channel.