Chutian Metropolis Daily, January 14 (Reporter Xiang Qingshun, Correspondent Huang Chicheng, Dong Hongxiang) Using formal stock trading software to invest cannot satisfy some investors' gambling mentality of "making big with small profits". The cunning fraudsters saw this opportunity and fabricated stock software with "ten times leverage" and defrauded investors of funds through reverse stock recommendation and virtual trading. Many people were cheated and lost all their money. Dongxihu District police seized the stock recommendation fraud gang in one place through more than three months of investigation, and detained a total of 19 suspects, with the amount involved in the case being more than 5 million yuan.
Police officers conducted a check on the fraud company
"One standard and three reals" seizure den
On September 4, 2019, the police at the Dongxihu District Branch of Wuhan Public Security Bureau Jinyinhu Police Station was conducting a "one standard and three reals" visit, and found that there were many computers in a villa in a community on Haikou Second Road, and more than 10 young people were suspected of frequent entry and exit. In the afternoon of the same day, the police conducted an inventory of the villa, controlled 9 suspects in accordance with the law, and extracted a large amount of electronic evidence.
Based on the suspect's confession and relevant evidence, the police found that this was a well-organized telecommunications network fraud gang, which was engaged in stock recommendation fraud. Their team leader is named Sun, who is 30 years old this year. Although he only has a technical secondary school education, he can disguise himself as an "investment master" who is invincible. The other suspects act as salesmen. They use various social software to attract people crazy, and many investors have fallen into their trap.
After sorting out the organizational structure of the gang, the police found that there were still several suspects at large and their social software accounts were still very active. After more than three months of investigation, the police finally found another den, which was located in a community on Xinhua Road, , Jianghan District, . Perhaps because of the last operation, the suspects were alerted, they installed a glass door at the entrance of the corridor, and needed to enter a password to open it.
On the morning of January 9 this year, the police sent more than 20 police forces to launch an arrest operation, but the password door at the door of the den made the police difficult. If the suspect's action to destroy evidence will be declared a failure. After calm analysis, Zhou Qi, deputy director of Jinyinhu Police Station, police officer Xia Qianqiao and others decided to wait for the opportunity for the time being. At around 12 noon, a man walked out of the den and went downstairs to get takeaway. Zhou Qi and others immediately stepped forward to control him. The police successfully entered the den through the access card of the man and controlled all 10 suspects.
Police officers investigated the fraud company
"Ten times leverage" tempting to get into the trap
As the case investigation deepened, the police searched for 16 victims, and the fraud methods of this gang were also exposed one by one.
Mr. Yu is from Hefei, Anhui Province. He has many years of experience in stock trading. In March last year, he was inexplicably pulled into a QQ group called "Jinshengli Stock Exchange". There are hundreds of members and several teachers recommend stocks every day. Netizens posted screenshots of stock profits every day, and the atmosphere in the group was very lively.
A teacher recommended a stock investment software called "Jinsheng Strategy" to Mr. Yu, claiming that he could allocate funds to purchase stocks at a capital of 10 times the principal. Although the stock falls by 10%, it will lose all its money, but if it rises, it will bring 10 times the returns. Overall, the opportunity outweighs the risks. Thinking that his stock has always been lukewarm, Mr. Yu decided to try it out with a small profit. He recharged 40,000 yuan through bank transfer, and quickly made 5,000 yuan with the recommendation of his teacher. Out of caution, he applied for withdrawal, and the principal and income were quickly transferred to his account.
Seeing the profits that were within reach, Mr. Yu was very happy. Under the instigation of his group members, he gradually increased his investment and believed in the stocks recommended by the teacher. Half a year has passed. In addition to the previous few transactions that made money, the stocks invested by Mr. Yu have begun to fall sharply, but the teacher confidently advised him to continue to close his positions and wait for the market. In September 2019, Mr. Yu's account had lost 250,000 yuan. He angrily asked the teacher to argue, but the other party evasively and shirked the responsibility.
Zhou Qi, deputy director of Jinyinhu Police Station, introduced that 16 victims, including Mr. Yu, all had similar experiences of being deceived, and lost more than 1 million yuan on the "Jinsheng Strategy" platform.Through analysis of the software background, the amount involved in the case exceeded 5 million yuan, and more victims are still being further searched.
Police officers checked the fraud company
"Reverse stock recommendation" to make huge profits
Mr. Yu and other victims are senior stock investors, so why did they fall into the trap of stock recommendation fraud? The police officers in charge of the case explained the mystery of the scam. Unlike the traditional stock recommendation fraud that used to set up false platforms and manipulate rise and fall, the "Jinsheng Strategy" is synchronized in real time with the domestic stock market. The fraud suspects will not manipulate the rise and fall of the stock index. In addition to having the "ten times leverage" function, the trading method is no different from that of a formal platform, and it is extremely concealed.
Although the image packaging is seamless, the recharge entrance of the "Jinsheng Strategy" is full of tricks. All the money recharged by the victim was entered into a private account of Dongguan Rural Commercial Bank. The suspect only changed the amount of funds in the user interface and did not really invest the money in the stock market. Except for the victims, the rest of the group members in the QQ group are all pretending to be scams. They create an atmosphere in the group every day to lure victims into investing. "Ten thousand can be spent as one hundred thousand", "use other people's money to speculate on your own stocks"... Many victims who fantasize about getting rich overnight cannot withstand the temptation of "ten times leverage" and continue to invest more.
The police officer in charge of the case said that when he first got into the trap, the teacher would make a few small profits and encourage him to withdraw money to win trust. When the victim increased his investment, the teacher began to "reversely recommend stocks" and specifically recommended stocks that are not good at market conditions. Due to the serious loss of funds of victims of the "ten times leverage" mechanism, the teacher would advise them to continue investing in closing positions. After a virtual transaction, all the money lost by the victims entered the pockets of the scammers. If the "reverse stock recommendation" fails and the victim's stock rises, the fraud suspect will close the platform on the grounds of "superior supervision" and wait until the stock price falls back before reopening. After the
fraud was successful, the suspect will not block the victim, but will continue to encourage him to invest and earn high handling fees and overnight positions. When the Dongxihu police took the gang away, some victims were still in the dark and dreaming of making money. At present, the 19 suspects involved in the case have been detained in accordance with the law, and the case is still under further investigation.
Police reminder: You must choose formal companies and trading platforms for stock investment, and do not trust self-built platforms under the guise of "private equity funds". Leveraged stock trading is extremely risky. Do not be deceived by criminals due to the temptation of high profits, and blind investment will eventually lose all your money.
