As the gold price continues to rise,
The gold market is showing an unprecedented heat.
However, in this wave of 'gold fever',
Criminals are also waiting for opportunities to act,
They use "high profit gold" as a gimmick,
Engaging in investment fraud.
How can we avoid falling into an investment trap?
In this issue, let's uncover together.
1. Case Review
In early December 2023, Zhao met a netizen named Xiaoyu through a dating app and they had a great conversation. Zhao was overjoyed and thought he had met a rare "confidant".
After a period of time, Xiaoyu revealed to Zhao that she had invested in gold futures on a certain platform and made a lot of money. At the same time, she sent a screenshot of her profits and proposed to help Zhao make money together. Out of trust and a desire to make money, Zhao expressed a desire to give it a try.
Subsequently, Xiaoyu asked Zhao to download other chat apps on the grounds that sensitive vocabulary mentioned on WeChat would result in account suspension, stating that he would use the app to guide his operations. In addition, Xiaoyu also shared the investment platform link with Zhao to register and trade on the platform.
For the first time, Zhao recharged 500 yuan on the gold futures investment platform, easily gained 100 yuan by buying and selling, and successfully withdrew. The second time, Zhao recharged 2000 yuan and, through the same operation, earned 500 yuan, which was successfully withdrawn.
With a yield of up to 20% and the ability to successfully withdraw real gold and silver, Zhao gradually relaxed his guard and believed that this was a practical and feasible "way to get rich". Next, under the guidance of Xiaoyu, Zhao continued to make large deposits into his account. Throughout the process, Zhao invested a total of 800000 yuan in the platform. During this period, Xiaoyu advised Zhao not to withdraw the funds in a hurry, citing the current good market situation. To dispel Zhao's concerns, Xiaoyu kindly helped him recharge 500000 yuan.
Seeing that his platform balance had reached 2.3 million yuan, Zhao thought it was time to withdraw. However, when he carried out the withdrawal operation, the platform demanded that Zhao continue to recharge, citing reasons such as the need to pay taxes, risk deposits, urgent processing fees, account abnormal risk relief fees, and platform custody fund fees
In order to withdraw funds as soon as possible, Zhao paid various fees totaling 500000 yuan to the platform in multiple installments. Within just 9 days, he invested a total of 1.3 million yuan! After Zhao recharged all the money, he found that he still couldn't withdraw it. At this moment, Zhao realized that he had been cheated and immediately called the police.
2. Unveiling the Scams of Investing in "Gold"
1. Drainage
Fraudsters search for potential victims on dating platforms and social media to cultivate relationships with them. In addition, the fraudster will also advertise through platforms such as Tiktok and Kwai to claim "inside information", find target groups and establish contacts.
2. Brainwashing
After establishing contact, help manage investment accounts and guide victims to invest; Or through chatting to exchange investment experience, inviting people to join the "Investment and Wealth Management" group, listening to live lectures from "Wealth Management Mentors" and other methods, in order to obtain lies such as "insider information" and "substantial returns" and gain the initial trust of victims.
3. Induction
Inducing victims to log in to fake websites or download corresponding apps, guiding them in investment and financial management operations, conducting initial small-scale investment trials, obtaining low rebates, and further gaining trust, laying the foundation for further increasing investment.
4. Harvesting
Continue to advocate for 'guaranteed profits without losses' and' high returns', inducing victims to increase their financial investment. When the victim wants to withdraw money, scammers will demand payment of "unfreezing fees" and "deposits" to complete the withdrawal, citing reasons such as "operational errors" and "frozen bank accounts". If not paid, all funds on the platform will be lost. Scammers continue to defraud victims in this way until they realize they have been deceived.
3. Please keep the anti fraud guide safe
1. When making friends online, one should be cautious and not be tempted by the lies of "high returns, guaranteed profits" claimed by "netizens". Anyone involved in financial transactions must be vigilant and avoid clicking on "investment platform" links or downloading "investment" apps sent by "netizens", as well as sharing screens. If you find that you have been deceived, please keep the evidence and call 110 to report it to the police in a timely manner.
2. Master legal gold investment methods
For individual clients, the main legal gold investment methods in China currently include the following four:
① Purchase physical gold products
Physical gold products can be purchased at gold shops or commercial banks that have already established physical gold business channels. It should be noted that due to real-time fluctuations in gold prices, all channels generally do not support returns without reason. At the same time, to ensure product quality, it is recommended to prioritize purchasing from banks or large brand gold stores.
② Gold storage products
The liability business operated by banks relying on gold accounts. The gold purchased by the customer from the bank is recorded in the customer's gold account by the bank, which can support the customer to withdraw physical gold or cash it out at an appropriate time.
③ Gold ETF
The gold trading open-ended securities investment fund is essentially a fund product. You can purchase through stock trading channels, but you need to first open a stock account through a securities firm.
④ Gold futures contract
The gold contract listed on the Shanghai Futures Exchange. To invest in this way, it is necessary to first open a trading account through a futures company.
When investing in gold, one should fully understand the market situation and investment risks, choose qualified and reputable investment institutions, and avoid blindly following the trend and not listening to false advertising.
