三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Gold speculation scams on the rise

By Wang Zhenghua in Shanghai | China Daily | Updated: 2013-03-04 10:17

Cheating investors under the guise of gold speculation on international markets is an emerging form of fraud, a local court said.

Since the end of 2012, the court of Shanghai's Jing'an district has tried several criminals who got investors to speculate in valuable metals in false accounts or take part in illegal overseas gold or foreign exchange trading. The investors ended up being cheated.

Wealth management professionals said victims were attracted to illegitimate service providers by the principal they required - as little as 5 percent of what legitimate wealth management institutions demand.

The criminals exploited the investors' ignorance of gold investment to make off with the principal.

"Only nine major banks in China are allowed to provide services in valuable metals investment, and investors should select these legal channels, where the safety of their cash deposit can be ensured," said Yang Fei, an analyst at Seewonder Financial in Shanghai, which provides financial derivatives services.

Because of the long bear run on China's stock market, many investors turned to the gold market, where criminals can prey on the unwary.

One criminal tried in the Jing'an court is Wang Ximing, 32, a veteran in financial investments in Shanghai.

After gaining a fortune during the investment frenzy of 2006 - through which the stock market gained 130 percent by the middle of 2007 - Wang quit his job.

But he soon squandered the money, and in October 2009, he found an ID card and used that man's identity to rent an office in a mansion in Shanghai and promote gold trade on international markets. Wang registered his company's name via the Internet in Hong Kong.

To avoid police inspection, he bought an idle deposit bank card online to receive money from the victims of his scheme. During this period, Wang married a woman named Jiang, and the two operated the illegal business together.

Through deceit, they coaxed a middle-aged woman, identified as Xu, into transferring 200,000 yuan ($32,000) to the bank account Wang controlled.

Previous Page 1 2 Next Page

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 国产一级毛片午夜福 | 国产精品日韩一区二区三区 | 激情综合网址 | www.99色| 999久久免费高清热精品 | 天堂tv亚洲tv日本tv欧美人tv | 精品国产香蕉伊思人在线又爽又黄 | 精品哟哟哟国产在线不卡 | xxxxx做受大片视频免费 | 婷婷亚洲国产成人精品性色 | 69成人做爰视频在线观看 | 国产精品一区二区在线观看 | 久草亚洲视频 | 艹碰在线| bt7086福利一区国产 | 国产精品成人h片在线 | 欧美亚洲综合在线 | 黄网在线观看 | 1024cc香蕉在线观看播放中文看 | 欧洲一级做a爱在线观看 | 久草小区二区三区四区网页 | 日韩中文字幕高清在线专区 | 久操影视| 日本一级毛片不卡免费 | 国产成人在线视频观看 | 亚洲加勒比久久88色综合 | 4438成人成人高清视频 | 欧美日韩一区二区在线视频 | 亚洲国产成人九九综合 | 日本一视频一区视频二区 | 九九免费精品视频 | 国产视频一二三 | 青青成人福利国产在线视频 | 在线观看欧美亚洲 | 国产成人久久久精品毛片 | 黄色大片免费看 | 亚洲免费高清 | 1024免费永久福利视频 | 国产精品伦子一区二区三区 | 日韩小视频网站 | asian极品呦女xx农村 |