news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

Recently, the international gold market has continued to rise, and spot gold has once hit an all-time high. However, behind the continued popularity of gold investment, many risks cannot be ignored.

On August 26, the Zhejiang Financial Regulatory Bureau issued a document stating that a number of major telecommunications and Internet fraud cases involving "purchasing gold" have occurred in the province recently, reminding investors to be wary of financial investment fraud involving "purchasing gold".

In this regard, a macro analyst of a brokerage firm told Cailianshe reporters that from the current situation, after the Fed's interest rate cut was basically confirmed, the international gold price continued to rise, and the COMEX gold futures of the New York Mercantile Exchange were significantly higher than the spot gold price. Because COMEX gold futures are mainly American investors, while the spot gold trading market in London is mainly international investors outside the United States, the difference between the two prices reflects that American investors are obviously more confident in gold investment and have more participating forces. Taking into account historical laws, if the COMEX gold price remains high, the spot gold price of the London Stock Exchange will generally gradually move closer to "New York gold". Of course, judging from the situation in the domestic market, the recent increase in gold prices is not as good as that in the international market, and it is expected to follow up in the future.

He told reporters that for domestic investors, if they choose to invest in gold futures of Shanghai Gold Exchange, they need to pay attention to controlling leverage; if they choose physical gold, they need to choose reputable institutions such as banks to purchase. Of course, in the context of gold maintaining its strength, some fraudulent behaviors using gold investment are inevitable. Investors need to remain highly vigilant and not easily believe in the recommendations of others. In the current context of a lack of sufficient investment targets, there will be a trend of coexistence of opportunities and risks in the future gold investment market.

Shi Xiaofeng, partner of Beijing Xinnuo Law Firm, told reporters that the risks of offline gold investment should not be underestimated. Judging from the collapse of China's gold franchise stores, this practice of requiring investors not to take away gold but promising high returns after a certain period of time is an obvious Ponzi scheme. The essence of this practice is that criminals are making arbitrage at no cost, trying to make later comers pay for their "predecessors", but because the price of gold continues to rise, this scam cannot be sustained. Overall, investors need to be wary of high-interest traps when making any investment.

Various types of gold investment scams have occurred frequently this year

Today, the reporter found that many cases related to gold investment have occurred in various places recently, and many of them have frequently become hot searches.

For example, at the end of March this year, many investors found that the China Gold Concept Store in Beijing Shuangjing R&F Plaza and Shandong Gold in Guiyou Building had closed down and "run away", and they could not redeem the gold they had in the store, resulting in a cumulative loss of more than 400 million yuan. The specific fraud model is that investors can buy gold in the gold store but do not need to take it away, and they can receive part of the interest or benefits after a certain period of time.

After that, the police intervened in the investigation, and China Gold Group Gold Jewelry Co., Ltd. also issued a statement, saying that the Beijing R&F Plaza store operated by Beijing Sandingyuan Gold Jewelry Co., Ltd., a franchisee of China Gold, violated the "Exclusive Store Franchise Agreement" signed with China Gold, and illegally carried out the so-called "worry-free reservation of gold bars" business, and privately stopped business activities on December 27, 2023, and was unable to redeem the products purchased by consumers. At present, Yang Moumou, the actual controller of Sandingyuan, has been criminally detained by the public security organs and entered the judicial process. In addition, China Gold Group Gold Jewelry Co., Ltd. also stated that it has decided to make advance payments to consumers whose rights and interests have been damaged in the Beijing R&F Plaza store.

In early August, according to local media reports, the Jiulongpo District Branch of the Chongqing Municipal Public Security Bureau successfully smashed a gang suspected of concealing the proceeds of crime by "buying gold and laundering money" of more than 4 million yuan in the fight against telecommunications network fraud and its upstream and downstream crimes. The specific process is as follows: Shiqiaopu Police Station received clues during work that many men from other places bought a large amount of gold in the mall and behaved abnormally. They did not care about the price and style of gold. Their only purpose was to complete the transaction quickly, and the amount was huge. With the full cooperation of the Intelligent Investigation Center, the police set up controls near Shiqiaopu and surrounding gold sales points, and arrested 5 suspects who were suspected of using "buying gold and laundering money" to conceal the proceeds of telecommunications network fraud crimes. Gold worth up to 1.28 million yuan was seized on the spot, linking multiple telecommunications network fraud cases.

On August 6, the Anti-Fraud Center of Shangcheng District, Hangzhou, Zhejiang Province, issued an emergency warning about a new fraud model of "online fraud + offline withdrawal". The content shows that recently, many large-scale telecommunications network fraud cases have occurred in Shangcheng District, Hangzhou. The scammers all asked the victims to buy gold or withdraw cash directly, and then sent personnel to take all the money directly from the door, and then quickly transferred the funds obtained from the fraud. The police also specifically reminded the new routine of "requiring victims to buy gold or withdraw cash directly" and the risk of offline transfer. Single woman Song was defrauded of 19 million yuan in less than a month after investing in online dating because of this routine.