An employee of a securities company teamed up with a bank vice president to sell fake financial management products, defrauding more than 11 million yuan, and actually used 7 million yuan to speculate in stocks. As a result, they only lost 150,000 yuan. How did they do it?

Give extra rewards at the beginning to gain trust. An employee of a well-known brokerage teamed up with the vice president of a state-owned bank. They initially gave some customers with idle funds real returns, such as an annualized interest rate of 6%. The actual returns received exceeded 6%, which made some customers think they were worth it. Trusted. They claim to have a financial product for internal employees with an annual interest rate of 18%. They can let brokers sell it to these customers with an annual interest rate of 12%. Customers believed it because the previous operations were relatively smooth.

These customers are still quite skeptical, because why do these good things come to them? They hoodwinked their clients on the grounds that they didn’t have that much money. They even transferred some funds in front of the customers to make them believe their words and the customers felt that this was a beneficial thing. I chose to believe these people.

A large customer transferred more than 6 million yuan, and they used the money to speculate in the stock market. As a result, the stock market is not an ordinary financial market, and the risks are relatively high. They encountered Waterloo. When the customer wanted to When it came time to withdraw the money, they couldn't get it out. The customer went to the securities company to inquire, and the answer given by the securities company was that there are two types of income. One type is invested in the money market, with an annualized rate of return of about 5%; the other type can be invested in stocks, futures and other markets, with no fixed income. The second type is more risky!

But there was no annual interest rate of 18% as claimed by the securities company employees. Only then did the truth come to light, and the client took the two men to court. In the end, the employees of the securities company were convicted of contract fraud and were sentenced to up to 11 years and six months in prison, and were required to compensate these customers for their losses.

This incident also shows that you should not be so easy to believe in the high returns proposed by securities companies. It may be a kind of deception. Of course, if possible, it is better to buy some stocks with relatively low annualized interest rates but reliable , so that you can avoid your own losses.

What do you think?