Secret means of fraud fried black gold: trading system can be manipulated
CFP for map
Reporters investigating underground gold speculation
market investment companies 8 10 illegal operations
investment traps
Recently, the major cities of gold investment companies big Showmanship, fried gold market information transmission in mobile phone text messages frequently, almost every city white-collar will receive several “invite you to invest in gold,” telemarketing calls. However, gold investment money scene is really unlimited it? The company introduced what is some of the gold investment products?
However, the reporter learned that the vast majority of sales of gold products were crazy, but with the Shanghai gold exchange-traded products have no formal relationship. Text/correspondent wells Nan, Zhang Zhongan
correspondents on the ground to witness:
called gold and gold exchange trading has nothing to do
correspondent visited according to promotional information Tianhe North Road, into a company called “Golden × × precious metals trading company,” the company.
reporter received information that the company’s precious metals exchange as a member of Tianjin, recently selling gold bars, but into the company, the salesman said it is a mouthful with a 5-fold amplification of the “Golden × × “new products. Prior to this new product with this newspaper reported the “disk drive” like, you can sub 1 times, 5 times, 20 times magnification operating funds three grades, but the difference is so anchored in the London market in Hong Kong own disk operations, and has nothing to do with the Shanghai Gold Exchange.
regular companies and banks butt
first glance, the low amount of business accounts, accounts only 5,000 yuan, 5,000 yuan can be operated up to 100,000 yuan of funds; fee as low as ten thousandths, speculative-grade addition, it seems very much for looking forward to making big money and the principal radical investors.
But in fact, the business is a real “fried black gold” is completely inconsistent with the state for financial and investment goods, restrictions, and no monitoring mechanism to ensure the legitimate rights and interests of investors.
through SMS and telephone, the reporter to advertise a collection of 20 big gold trading company’s information, one by one on the ground to verify that 20 companies, 16 have actually done is illegal operations, applied Guangdong Provincial Association of the industry’s golden words: “ten of gold trading companies, irregularities have 7 to 8 companies, formal company no more than three.”
illegal operations of the company seems to only be willing to invest the energy and capital to hype their own business, formal companies, such as precious metals trading company in Guangdong, Guangdong Yue Bao, have achieved a docking platform with the bank, do not intend to hire The clerk called around so many promotions.
been “innovative” products, the theme of this year’s illegal operations. In addition to the name before I reported the Shanghai Gold Exchange reported under the guise of ‘disk drive’ business this year, there are the following financial derivatives market launch: Hong Kong gold bullion spreads business, the Shanghai Gold Exchange difference plate with the international market business, the London gold on the gambling business, etc., so business days to pay the difference.
careful sweet temptations
Although the products vary, but in common are that: the company set up own operating system platform, without any regulatory oversight ; can be amplified more than a multiple of investment risk.
the correspondent survey of existing gold companies in Guangzhou, has learned the one hand, most companies are doing illegal sales and old gold buy gold bars of light trading, on the other hand, the main source of profits from illegal speculation selling black gold. Whenever investors are unable to withstand the temptation of sweet salesman, automatic “Funeral”, it will be demonstrating the true face of financial derivatives, and then were asked to invest money into a designated operating account, open fried black gold.
Showmanship tactics: a few hundred dollars amount accounts to attract retail investors low admission
Reporters learned from the Shanghai Gold Exchange, due to violence accounts increase, driving down operating costs, competitive pressures and the industry getting larger, since the beginning of this year, many gold companies have formal procedures generally lowered costs; since you can use regular low cost involved in gold trading, investor speculation why risk “black gold” mean? Reporters survey found that to do anything of Showmanship is illegal tactics to attract investors who speculate in gold and an important bargaining chip.
First, many illegal fried gold company hit a low threshold of the home under the pretext of low deposit amount to attract investors. Such as only London gold “Constant × precious metals trading company”, its foreign slogan is “$ 100″ account, not only do the regular bullion business, and doing business in the London gold “Golden × precious metals trading company” break the threshold as low as $ 70 , equivalent to only a few hundred yuan for a small cash-strapped particularly attractive to retail investors. In contrast, the Shanghai Gold Exchange T + D business needs at least one hand to buy gold funds, at least 35 million dollars to open an account.
Furthermore, each committed violations of foreign companies trading 24 hours a day, moment to Trader, for short-term aggressive investors, more attractive. The Shanghai Gold Exchange on all products only in the city, the night market transactions specified period of time, gold futures or no night market.
Finally, the illegal companies are carefully packaged their own business, it seems, than the regular formal company. On the one hand, its website has been made into “luxury” version, both the 24-hour online receptionist, another rolling Smart Search fried gold gains; are filled with jargon, investment analysis.
the other hand, the company specializes in illegal all over the country to do lecture looks specification, hire a bunch of gold investment analyst, sanctimonious speeches, and even hired a Hong Kong movie star as a spokesperson.
fried black gold of fraud means:
which attract low-fee is only the beginning
Many illegal gold company uses a very low nominal fee to attract investors into the market. Once investors hooked, then the rules all companies have the final say. Company will use various means to cause investors to lose money on the market, kept urging investors to cover short positions after the market, the amount of margin is not enough to remind you, until forced out of more money.
give sweetness and then a big point of blood
part of the Macau casinos to follow the practice of illegal products, their own in power, give sweetness Invitation to a Funeral, then a large blood . Investor accounts, it is often the first few days will make a lot of money, do you not know mobilize large funds to cover short positions after the disaster coming.
such as Chongqing, Mr. Liu introduced by an acquaintance, through a “Hong Kong company” fried gold, less than 5 days to 3 million yuan profit. However, since each transaction is a loss. Less than a month, Mr. Liu “fried gold” loss of up to 20 million.
trading system can be manipulated
recent visit, each “Gold” will give the reporter made a trading software, and similar stock-operation , and the disk has a real-time information and price changes, and so on. However, many similar trading software system is manipulated, disk price changes may be false, how much charge, in the end up or down, and all companies have the final say. Reporters previously reported 160,000 yuan in Guangzhou investors speculate in gold and the remaining $ 40,000, it is this situation.
intermediate protocol chaos
a problem can not be rights
order to avoid legal liability, this year underground gold speculation companies and new investors, the investment agreement entered into complex designs, the agreement of the “Party”, “B” is not the company and investors, but the pull to come third, fourth party intermediary, so that investors do not look altogether understand, the result is that once a problem is difficult to rights through legal channels.
precious metals trading company in Guangdong, said Wang Zhijian reminder: At present, China acknowledged compliance with the safety of gold investment channels only the following:
commercial banks or provided in-kind gold gold business
commercial banks to provide the paper gold business
provided by the Shanghai Futures Exchange, gold futures trading business
Shanghai Gold Exchange of T + D deferred settlement business
In addition, the department stores have commemorative gold bars, gold coins for sale
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