The focus interview survey shows that North Petroleum Institute builds an electronic trading platform to develop member units, and then develops investors to open accounts, but what investors don't know is that their counterparties are actually member units that pull them in.
On the one hand, the mentor of the member unit makes investors lose money in the transaction; On the other hand, they induce investors to conduct intraday trading, so that the North Petroleum Institute can be used as a platform to earn fees and commissions.
According to informed sources, the more investors invest in the end, the greater the loss. In this so-called commodity trading, crude oil and gold are not profitable investments at all, but a lost trap.
The following is a written record of the focus interview "There are traps under the platform":
Moderator: Now that everyone has a good life and has some spare money, many people want to invest. So various investment intermediaries came into being.
Commentary: Du works in his hometown in Inner Mongolia and likes to invest. At the beginning of 20 15, a company contacted Du and strongly recommended a high-yield investment method, spot oil trading.
Du: He told me that 10000 can hit 500,000, because he told me that the transaction is the leverage of 500,000.
Moderator: Du contacted a company called Beijing World Bank International. Claiming to be a comprehensive member of Beijing Petroleum Exchange. Specializing in spot trading of refined oil products, promising one-on-one telephone guidance, with rich profits. The operation case provided by the company shows that if you invest 300,000 yuan, you can make a profit of 500,000 yuan that day. Du was moved to see how easy it was to get the money. According to his tutor's instructions, he opened an account online and began to invest in oil. After several transactions, you earn less and lose more.
Du: I lose money every day. I lose money every day. I dare not tell my family. I'm afraid of sleeping.
Question: How much did you lose?
Du: loss 177743 yuan.
Moderator: Du said that after three months of speculation, he lost more than 654.38+0.7 million yuan. Most of the money is borrowed, and some of it is usury. By the end of July, Du could no longer borrow money and had to stop investing. Compared with another investor from Harbin, Heilongjiang, Du is lucky.
Problem: It happened in July 1. How much money did you invest at that time?
Zou Yongfeng: The first time was 1.3 million, 1.3 million, completed in August 2065, 438+05, 15. This 6.5438+0.3 million yuan leaves 6.5438+0.4 million yuan.
Moderator: Zou Yongfeng said that he was also pulled into the ranks of oil speculation by Beijing Post on the Internet. In one and a half months, Zou Yongfeng lost1160,000 yuan, and the other party asked him to continue investing. Finally, on September 9, Zou Yongfeng lost 654.38 yuan+6300 yuan in two months. This is all his possessions, so he must give up completely.
It is understood that at least several thousand people, Du Like, Shao Jun and Zou Yongfeng, have invested in the North Petroleum Institute where spot oil is traded. Some of them lost tens of thousands of yuan, while others lost hundreds of thousands or millions of yuan. It stands to reason that investment is naturally profitable. Why does Du think he has been cheated?
Du: I will look up the law online. When the state checks laws and regulations, it is not a random check at all. This is illegal futures.
Moderator: What kind of investment did Du participate in? The reporter went to the World Bank International Company in Shijingshan District of Beijing and saw that there was no one inside. Getting in touch with a company manager has gone through many twists and turns.
Question: Is it because you can't answer whether it is quasi-futures or spot?
Manager Zhang: Don't ask us about spot or futures, because North Petroleum Institute hasn't given us a specific answer yet.
Moderator: The reporter logged into official website of North Petroleum Institute. According to the website, the exact name of Beijing Petroleum Exchange is Beijing Petroleum Exchange Co., Ltd., and the World Bank International is indeed a member of this company. The reporter followed the investors to the Northern Petroleum Company located in the Financial Street in Xicheng District, Beijing. After waiting for more than an hour, the reporter met the person in charge of the North Petroleum Institute.
Question: We want to know whether your electronic trading platform has been approved.
Cui Jinlong: Of course.
Q: Where was it approved?
Cui Jinlong: What do you mean approval? The finance bureau filed it.
Moderator: But the other party realized that the reporter left in a hurry soon after filming. Is this oil transaction conducted by North Oil Company really approved by the management department?
Ling, Director of Policy and Regulation Division of Beijing Financial Work Bureau: If it is illegal, we will deal with it.
Q: What rules were violated?
Ling, director of the Policy and Regulation Division of Beijing Financial Work Bureau: This kind, without approval, was launched without authorization.
Q: What kind of behavior is this?
Ling, Director of Policy and Regulation Division of Beijing Financial Work Bureau: This violates our management regulations.
Moderator: This opinion provided by Beijing Financial Work Bureau to investors confirms that the existing trading products of Beijing Post Office have not gone through the examination and approval procedures in accordance with the Measures for the Administration of Trading Places in Beijing, and have been required to be rectified. From June 20 15 to June 20 10, the management department asked North Petroleum Institute to stop developing new investors.
Ling, Director of Policy and Regulation Division of Beijing Financial Work Bureau: We are in charge. Found illegal, and then investigate and stop.
Moderator: After running around, things seem a little clear, that is, the oil fried by Beiyou did violate the rules, so it was also stopped. But is the North Petroleum Institute really just a violation? In the following investigation, the reporter also got the evidence provided by the insider, so you can have a look together. Look at this textbook, which teaches business people how to obtain customer information. There are also business people who don't let development. Among them, lawyers, journalists and other media-related customers do not develop. The staff of the government or law enforcement departments are underdeveloped and so on. Internal rebate commission is also stipulated. Everything shows that what North Petroleum Institute and its members did was not a simple violation.
Chang Qing, an expert in futures market research: It is not a real spot transaction, nor is it a real electronic trading platform.
Moderator: Chang Qing, an expert in futures market research, said that at present, only Dalian, Zhengzhou, Shanghai and China Financial Futures Exchange are approved in China. Other trading platforms in the name of spot are mostly playing the edge ball of futures, and the operation is similar.
Chang Qing, an expert in futures market research: I told you from the beginning that you could make a fortune. He must have told you through others that you could make a fortune as soon as you heard it, but everyone didn't understand and went in. After going in, he must be gambling.
Compere: Gambling, also known as market maker, is forbidden in China. 20 12 The General Office of the State Council pointed out in the "Implementation Opinions on Cleaning up and Rectifying Various Trading Places" that trading should not be conducted by means including market makers. A person in charge of a member unit of the North Oil Company revealed to reporters that the North Oil Company is indeed manipulating the gambling. It's just more subtle
Telephone interview with insider: The products of Beijing Post Office were upgraded in 20 14, when refined oil was added, but the trading mode of refined oil was market maker mechanism. That is, member units must be forced to make bets with customers. After opening a trading account, the investor conducts its refined oil trading in Beiyou. However, this transaction did not enter the market, but was directly concluded with the member units when he opened an account. Then all the losses of investors are earned by member units, not other investors.
Moderator: According to an insider, this trading system was developed by North Petroleum Institute itself. On the surface, the data is the same as the international oil price trend, but in fact it only refers to the data generated by the international market. All the funds are in the company account of North Petroleum Institute, and they have not entered the international market at all. North Petroleum Institute will make a proportional commission. This system is open to all permissions of member units at any time.
Telephone interview with insiders: They have backstage, and they can see your funds, the situation of making orders, how you did it, and how much money you have. Including where you did it. He has your IP address.
Moderator: According to informed sources, it is a trap for member units to claim that they can trade many times anytime and anywhere under the guidance of professional teachers.
Telephone interview with the insider: He just asked you to keep investing money and operate frequently, making you lose your mind and lose money as much as possible. He won't let you hold him for long. Investors can think about it. Did he ask you to bring an order for half a year or one year? No He asked you to make 10 orders a day, 20 orders and 30 orders, and make as many orders as you can. And when you lose money, I tell you that as long as you invest more money and our better teachers come, you can get this loss back and earn more money. Drain all your money.
Compere: Indeed, the investors of the Northern Oil Company that the reporter met all had the experience of being constantly encouraged to increase investment. Driven by the so-called instructor, day trading is the norm.
Zou Yongfeng: I made 26 trading days and made 1740 lots. The handling fee totals more than 380,000 yuan. He asked me to buy and sell frequently every day, reaching 240 lots a day at most.
Moderator: The insider also provided these documents to the reporter. This is a lecture course for member companies to attract customers, and the corresponding strategies for different customers are introduced in detail. This is not allowed by the company's business personnel. Insiders, relatives and friends do not develop, and customers with special backgrounds working in the government or law enforcement departments do not develop. This is the commission table determined according to the amount of funds invested by customers. The highest commission reached 28%. The customer's deposit is unlimited, with a maximum of 500,000 yuan. Once the transaction is unfavorable to the member units, the North Oil Company will even make direct moves.
Du: One day, the current system soared by more than 400 points. I made money that day. I didn't lose money, I made money. Because the things I bought have gone up and skyrocketed. As a result, North Petroleum Institute immediately closed all our investor accounts.
Moderator: The reporter found the announcement issued by Beijing Post. Indeed, this day's transaction was declared invalid. According to insiders, there was no abnormality in the international market at that time, and the skyrocketing was caused by the backstage operation error of North Petroleum Institute. In order to protect the interests of member units, North Petroleum Institute simply declared the transaction invalid. There is only one point behind all this, to make explosive profits.
Telephone interview with insiders: The top ten member units in front of the North Petroleum Institute, each with an income of several hundred million. This is a relatively reliable figure. From April, 2065438 to April, 2005, the monthly turnover plus the handling fee of three ten thousandths of North Petroleum Institute can earn 60 million yuan.
Moderator: Informed sources also revealed that after two years of operation, many members have turned to a new platform after many investors reported that the management department stopped the related business of North Petroleum Institute on June 201May. For the Beijing World Bank International, where the reporter has been, the original company has been deserted. According to its website, the company has become a member of Qilu Commodity Exchange Center in Qingdao, Shandong Province. According to the industrial and commercial information, Qilu Commodity Exchange Center is actually a company. Qingdao Municipal Bureau of Commerce issued an announcement at the bottom of 20 15, pointing out that many platforms, including Qilu Commodity Exchange Center Co., Ltd., have not obtained business licenses for crude oil and refined oil. It is forbidden to carry out related business. Traders and natural persons who are not for the purpose of physical delivery are prohibited from entering the market. But after the notice was issued, it became a dead letter.
Telephone interview by insiders: Qilu's current oil trading volume is the largest among all platforms in China. Because the customers of North Petroleum Institute are all doing Qilu Oil now, and all of them are individuals opening accounts. I have never contacted the company. It's all made by ordinary people.
Moderator: According to experts, in the past two years, trading platforms that actually operate illegal futures in the name of spot have emerged. China has at least 1000. The variety of transactions is constantly changing. From the early gold and silver to the current crude oil asphalt agricultural products, the pattern is refurbished. Although it has been cleaned up several times, it has been repeatedly banned. So what is the essence of a trading model like North Oil Institute?
Ling, Director of Policy and Regulation Division of Beijing Financial Work Bureau: You didn't identify him as illegal futures, and this matter is still troublesome. You will be in trouble if you say that he is illegal futures, and there is no appraisal by the securities regulatory department.
Q: Who can decide this matter?
Ling, Director of Policy and Regulation Division of Beijing Financial Work Bureau: It should be the securities regulatory department.
Moderator: Immediately, the reporter came to the Beijing Securities Regulatory Bureau.
Staff of the Securities Regulatory Bureau: The daily supervision and investment processing authority of all exchanges is in Beijing Financial Work Bureau, so you can go wherever you want.
Director of Policy and Regulation Division of Beijing Financial Work Bureau Moderator: Futures market research experts told reporters that due to the division of departments, spot belongs to the management of commercial departments, while futures belongs to the management of securities departments. Criminals took advantage of the vague zone between the two. From a realistic point of view, the key to curbing similar illegal platforms lies in supervision.
Evergreen: It should be approved by the Finance Bureau and supervised by the Finance Bureau. You will isolate everything that is easy to cheat through supervision, and that's all.
Moderator: Let's take a look at the road to prosperity of Beijing Post Office and its member units. Beijing Post Office builds an electronic trading platform to develop member units, which in turn develop investors to open accounts. But what investors don't know is that their counterparty is actually the member unit that pulled them into the game. Do you think investors are likely to make money? If the member units lose money, how can this bureau continue? On the one hand, member units guide teachers to make investors lose money in trading, on the other hand, they induce investors to trade in the day, so that North Petroleum Institute can earn fees as a platform and commissions at the same time. In the end, the more investors invest, the more they lose. Now everyone understands that crude oil and gold are not profitable investments at all in this so-called commodity trading, but a trap that must be compensated. It is not easy for us to save money. Investment must keep your eyes open and don't be tempted by profiteering. Management departments should also take responsibility and severely investigate and deal with illegal intermediaries.