Recently, Xu, a financial influencer in Shanghai with 4 million Weibo fans, was arrested by the Shanghai Pudong New Area Procuratorate for allegedly publishing false investment platform advertising information on Weibo and live broadcast rooms, and deceiving investors into tradin

2024/05/1420:35:32 finance 1900

Recently, Xu, a financial influencer in Shanghai with 4 million Weibo fans, was arrested by the Shanghai Pudong New Area Procuratorate for allegedly publishing false investment platform advertising information on Weibo and live broadcast rooms, and deceiving investors into tradin - DayDayNews

html On July 1, the China Securities Regulatory Commission announced that a financial influencer had been prosecuted for three crimes for inducing transactions.

Recently, Xu, a Shanghai-based financial influencer with 4 million Weibo fans, was arrested by the Shanghai Pudong New District Procuratorate for allegedly publishing false investment platform advertising information on Weibo and live broadcast rooms, and deceiving investors into trading 50ETF options on black platforms. Public prosecution was launched on suspicion of illegal business operations, assisting network information criminal activities, and false advertising crimes.

Since 2021, Xu has used his influence as a financial influencer to post a large number of information on Weibo, live broadcasts and other self-media containing "you can open an account for a few thousand yuan to do options", "long and short two-way trading ", "high leverage, Advertising information with tempting words such as "High Profitability" tricks fans into adding the assistant's QQ number or WeChat account and downloading the " Shanghai Stock Exchange ETF Options APP" to open an account and trade options.

However, this APP is not a legal platform approved by the China Securities Regulatory Commission, but a black platform privately built by Xu and others. Investors who open accounts and trade on this platform cannot protect their legitimate rights and interests, and often suffer heavy losses and lose all their money.

After verification by the Shanghai Supervision Bureau of the China Securities Regulatory Commission, Xu and others built a black platform, used their influence as big Vs to publish false advertisements, and induced more than 350 investors to deposit funds in less than a year, with the amount involved exceeding 30 million yuan. , has been suspected of constituting a crime.

At present, Xu has been prosecuted by the Pudong New District Procuratorate of Shanghai on suspicion of illegal business operations, assisting network information criminal activities, and false advertising.

The China Securities Regulatory Commission reminds investors not to trust the so-called financial VV recommendations, to choose legal institutions, stay away from illegal platforms, insist on rational investment, and beware of being deceived.

Southern Metropolis Daily (nddaily), N video report

Nandu reporter Wang Yufeng

finance Category Latest News