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The bitter experience of the Yellow River stamp and coin card intermediary. He used his hard-earned money to fill the gap for fraud, locked up positions, and increased transaction volume.

The bitter experience of the Yellow River intermediary who used his hard-earned money to fill the gap for fraud

The intermediary is the "Sesame Official" of the stamp and coin card industry, although its power cannot be compared with that of cultural exchanges and brokers. It is comparable to merchants, but it is also a very important part of the stamp and coin card industry. It often holds dozens or hundreds of retail investors' resources in its hands. He is an important core member of the broker's activities or account opening promotion personnel. However, due to the illegal operations of some brokers, some intermediaries have started to take the blame.

The "money-trapping" routine of unscrupulous brokers - forced placement

Recently, some intermediaries have cried out about their bitter experiences. Some unscrupulous brokers use activities to trick the intermediaries into leading their staff. Carry out deposit activities. When he takes the bait, the funds in his account are forcibly withdrawn and the lock-in ticket is issued. As a result, retail investors put the blame on the intermediaries. They petitioned many times to no avail. In the end, the intermediaries had to spend their hard-earned money to fill the hole.

On August 9, Guangdong Baifa Asset Management Co., Ltd., No. 051 of Huanghe Cultural Exchange, launched an account opening activity for some intermediaries. New users can deposit 1,000 yuan to open an account and deposit it until August 13. Enjoy a 75 yuan red envelope reward. When the intermediary repeatedly emphasized not to place allotments, the customer service of members in this number segment stated that they would not allot them.

However, this broker's backbiting made people feel at a loss. When it came time to withdraw funds, the intermediary and retail investors found that the 1,000 yuan they deposited had turned into 38.56 yuan. The money in the account becomes unavailable locked items.

The broker showed no guilt after the deception

At this time, retail investors were anxious, watching helplessly as their 1,000 yuan turned into a "dead vote" for locking up positions. I began to discuss with the intermediary for an explanation. When the intermediary went to the broker and stated that he had clearly promised not to allocate tickets, why was he forced to allocate tickets in the end? The economic member of this segment had no shame and even said He is a "nonsense" who is good for them.

After seeking an explanation from the broker to no avail, the broker began to complain to the Huanghe Cultural Exchange, but the result was that they continued to receive cold water. At this time, the intermediary realized that only the exchange had the right to forcefully withdraw funds from investors' accounts. If the exchange's heart was towards retail investors, how could this happen?

Being attacked from both sides by the exchange and brokers, with retail investors begging for funds behind the scenes, the intermediaries are in such a miserable situation. After all, many retail investors are their relatives and friends. For the sake of their own conscience, For the sake of my own credibility, I can only use my hard-earned money to make up for them.

The Yellow River Cultural Exchange and the brokers are "collaborating"

It is really sad that those who violate the regulations and defraud can be content and get away with it. The Huanghe Cultural Exchange's bias towards brokers had already emerged as early as March.

When the Huanghe Cultural Exchange announced the list after a lottery allotment in March this year, it caused an industry tsunami. The form is very "weird". A large part of the winning signatures entered in the two draws were repeatedly locked by more than 200 people from the 9 brokerage numbers in the picture above. This caused many people to question: "Does the Yellow River Lottery System have a memory function?"

It can be seen that the Huanghe Cultural Exchange connives with its brokers and cooperates with the brokers to "trap" retail investors. As a party, it should be public and fair. The trading platform treats retail investors as edible "fish", which is unbearable. Huanghe Cultural Exchange and the brokers are "connected" to each other. After the intermediaries are deceived by the brokers and seek explanations from the exchange, they will naturally be rejected. At this time, we can only hope that the relevant departments can supervise these illegal operations, otherwise, the bitter experience of the intermediaries will be replicated again and again.