Recently, the Economic Investigation Team of the Shanghai Public Security Bureau, together with the Fengxian Public Security Bureau, detected China's first case of an intermediary of a futures company illegally operating a futures investment consulting business.
The police arrested 14 criminal suspects and seized more than 20 books of futures investment consulting books, involving a transaction amount of more than 320 million yuan.
It was found out by the police that the criminal suspect Wang's gang registered and established a technology company, and signed an intermediary agreement with a futures company to become the intermediary of the futures company.
The so-called intermediary of a futures company is entrusted by the futures company to provide intermediary services for the futures company to conclude a futures brokerage contract. .
In order to seek illegal benefits, in the actual business process, Wang et al. privately set up a website to open a live broadcast room, and recruited Wang et al without qualifications and backgrounds in the futures industry to serve as lecturers, teaching through live webcasts and setting up group chats online. It analyzes and predicts the price trend of futures varieties and provides specific buying and selling suggestions, and guides customers to conduct futures investment transactions.
At present, the public security organs have arrested Wang and other 2 main suspects in accordance with the law, and taken criminal coercive measures against the remaining 12 suspects in accordance with the law. The case is under further investigation.
(Reporter Li Shuzheng produced Xu Miaoqiao’s video from the Economic Investigation Team of Shanghai Public Security Bureau)
Responsible editor: [Luo Pan]