Routines in "Master Recommending Stock"

　　□ Our reporter Liu Zhiyue

　　□ He Zhengxin, reporter of "Legal System and News"

　　□ Correspondent Tang Shijie

　　The stock market is very good, but Mr. Xiao, an old stock investor, "lost" 150,000 yuan within a few days. When the police found him, he knew he was cheated.

　　A reporter from the "Rules of Law Daily" learned from the Wuhan Public Security Bureau in Hubei Province that the Wuhan police and the Hangzhou police have recently uncovered an extremely large case of fraud using a false stock platform and arrested 44 suspects.

　　Veteran investors credulously believed that the network recommended shares were defrauded of 150,000

　　Mr. Xiao, 41, from Mianyang City, Sichuan Province, has been trading stocks for many years.

On July 20 this year, he received an unfamiliar phone call. The other party claimed to be "Teacher Fang" and could recommend "niu stocks" for free, and could also provide 8 to 10 times the amount of "off-site funds".

After the two parties added WeChat to each other, "Mr. Fang" sent a stock, and Mr. Xiao saw that the rise was indeed good, and he was moved.

So in accordance with the request of the other party, I downloaded an app called "Jinxinwang".

　　In order to verify the authenticity of this platform, the prudent Mr. Xiao gave 100 yuan to the account of "a trading company" provided by the other party and immediately took it out.

Seeing that it is a public account and funds can be freely entered and exited, Mr. Xiao dispelled his concerns.

　　On July 23, Mr. Xiao added 10,000 yuan to the platform to buy stocks to test the waters, and it really rose the next day.

He wanted to sell the cash withdrawal, but "Mr. Fang" told him, "Wait a minute, the big market is still to come!" Then he recommended two "niu stocks" to him.

　　Mr. Xiao was convinced, so he increased his investment, and in the following week, he successively refilled the platform with 162,000 yuan.

But within a few days, he actually lost 150,000 yuan.

"Mr. Fang" blamed Mr. Xiao for improper operation. Mr. Xiao was so upset that he had to admit that he was unlucky and finally retrieved the remaining 22,000 yuan.

　　It wasn't until the end of August that the police from the Jiangan Branch of the Wuhan Public Security Bureau rushed to Mianyang, Sichuan to find Mr. Xiao, that he knew he had been deceived.

　　Software company develops false recommendation platform

　　At the end of June this year, the Wuhan police network security department discovered during its work that a company called "Golden Tiger Technology" was suspected of making and selling fake stock trading platform software.

　　The Jiang'an Branch of Wuhan Public Security Bureau organized a special class to conduct an in-depth investigation and found that "Golden Tiger Technology" is headquartered in Taiyuan, Shanxi, and has a branch in Wuhan.

Under the name of "professional development of financial software", the company actually specializes in producing and selling various types of false stock trading platform and stock allocation platform software, and provides software support and technical maintenance for multiple online stock recommendation fraud criminal groups.

　　After more than a month of digging, the Wuhan police found a number of platform companies involved in the case, including the "Shanghai and Shenzhen Intelligent Investment Platform" in Hangzhou, Zhejiang, the "Jinxin Net" in Hubei, and the "Weiyu Net" and "Wanzhongying" in Nanning, Guangxi. These companies are located in Wuhan, Taiyuan, Hangzhou, Nanning and other places and the basic situation of the backbone members of the gang.

　　On July 27, the police from Hangzhou, Zhejiang Province came to Hanxi to investigate the "Jinxin.com" network fraud.

The Wuhan police and the Hangzhou police jointly investigated the case and simultaneously launched an arrest operation on the afternoon of the 29th.

The Jiangan branch organized more than 60 police forces to conduct concentrated arrests on the 6 dens identified in the preliminary investigation, arrested 26 suspects such as Wang, and seized more than 20 computers, more than 80 mobile phones, and several account books.

On the same day, Zhejiang Hangzhou police arrested a total of 18 suspects in their dens in Taiyuan, Shanxi and Hangzhou, Zhejiang.

All kinds of traps "squeeze out" the victim's money

　　According to the police handling the case, on the surface, this kind of false stock trading platform is exactly the same as the real stock market. The victim can also freely buy and sell stocks through the platform. However, in fact, the victim’s funds did not enter the stock market, but transferred. After entering the account held by the fraud gang, the profit and loss of the account are all virtual figures.

　　The scam gang first lures victims into the bait under the name of "free recommended stocks".

After the victim invested a large amount of money on the platform, the fraud gang recommended junk stocks and charged a high “funding fee” to make the account “loss” and eventually “squeeze” the victim's money.

Victims often think that they are improperly operating, and the money has been lost to the stock market, and there are few reports.

　　After investigation, this fraud chain is divided into 3 levels.

Among them, the "Golden Tiger Technology" company is responsible for the production, development and technical maintenance of the false stock trading platform software; the Zhejiang Hangzhou "Shanghai and Shenzhen Intelligent Investment" platform, Hubei "Jinxin.com" and other criminal groups are responsible for the daily operation of the platform; "Agent company" is responsible for organizing gang members to pretend to be "instructor" and "customer service" and other roles to lure victims into false platforms.

The stolen money obtained is divided proportionally by the "technical party", "platform party" and "agent".

　　At present, 35 criminal suspects have been taken criminal coercive measures.