In online fraud, some fraudsters will choose the target of the scam, while others will spread the net widely. Therefore, from newly graduated students to elderly people in their seventies, they may fall into the scam trap.
Recently, Mrs. Wang, 75, from Lanxi City, went to the police station to report her fraud of 260000 yuan. How did it happen? Let's take a look at Grandma Wang's experience of being deceived.
Invest 100 and earn 300 in just a few days
Grandma Wang likes to pay attention to the stock market in her spare time. In early December 2021, she met a "stock speculator" from a securities company online, and the "master" pulled her into an investment and wealth management WeChat group.
This master conducts financial training, analyzes stock prices, and recommends popular stocks in the group every day. Not long ago, Master released a "double flip plan" launched by his securities institution, stating that as long as he invests 100 yuan, he can earn a profit of 400 yuan in a few days. Upon hearing this, Grandma Wang was very moved and immediately joined the plan.
Quickly, the "Master" asked Grandma Wang to download a stock trading software and teach her step-by-step how to register an account and recharge. Grandma Wang recharged 50000 yuan for the first time and earned 20000 yuan in just one day.
Grandma Wang has never experienced such a fast way of making money and has become deeply convinced of the "master". At this point, the "master" also advised her to continue increasing investment. Grandma Wang also wanted to use a larger principal to earn more money, so she transferred all her savings of 100000 yuan to the corresponding bank account in the software.
After the funds arrive, the account funds begin to grow rapidly again. Grandma Wang also wants to increase funds and earn more profits. However, at this point, Grandma Wang had no more money left, and the "master" suggested that Grandma Wang borrow money to invest in a critical moment. Grandma Wang listened to her words and went to borrow money from her old colleagues, relatives, and friends, as well as her daughter. She invested all the 110000 she borrowed into the stocks recommended by the "master".
At this point, the "master" already knew that Grandma Wang would not have a larger amount of capital investment, and began to harvest with a big knife. They closed the cash withdrawal channel of the software, and Grandma Wang was unable to operate it at all. Both the "master" and platform customer service lost contact.
Grandma Wang kept trying to withdraw money until the platform couldn't log in, and then she realized that the "master" was just a scammer.
Be wary of fake investment teachers and high profit traps
Many people who do not understand investment hope to meet experts in the investment group and lead them on the path to investment success. But there is a mixed bag of good and bad in the investment group, and it is difficult to distinguish whether a true investment master is in the short term.
Moreover, compared to teachers who seek profits while maintaining stability, most investors are more susceptible to being swayed by short-term "high profits". The fraudster combines the two to attract investors and has repeatedly tried.
Reminder to investors again: Fund security is the foundation of investment, and choosing an honest and compliant platform is the first step to successful investment. Do not listen to investment platforms recommended by unidentified "investment masters".
If you encounter a trading platform whose security cannot be determined, you can first go to Aihui to inquire about the compliance of the platform.


