The Heritage Exchange is just a scam. You should be careful, it is not true information.
1. The Heritage Exchange is a scam.
The handed down intangible cultural heritage exchange does not have any industrial and commercial qualifications, nor does it accept supervision. To some extent, if users want to trade, they need to choose a large trading platform with formal qualifications instead of this small network platform. On this small network platform, there is no way to guarantee the security of users' funds, and it is even very likely that they will directly lose their principal.
second, the founder of the handed down intangible cultural heritage exchange has been sentenced to life imprisonment.
On the afternoon of September 12, 219, the Shanghai No.1 Intermediate People's Court (hereinafter referred to as Shanghai No.1 Intermediate People's Court) publicly pronounced a series of cases in which 15 defendants, including Zhang Hailong and Yan Zhizhong, were involved in fund-raising fraud, fraud and providing false documents. More than 5 people, including family members of the defendants and representatives of investors, attended the verdict. Four asset appraisers, including Wang Ruifang, falsely appraised assets worth more than 29 million yuan as 5.8 billion yuan, deliberately provided false supporting documents, colluded with Zhang Hailong and others to illegally raise 11 billion yuan, causing more than 1, investors to lose more than 4 billion yuan, which constituted the crime of providing false supporting documents.
third, several kinds of behaviors of the handed down intangible cultural heritage exchange.
1. Without the approval of the competent department of the state, the asset package is sold in the State Art Institute to trick investors into trading the share of property rights of the asset package in the State Art Institute.
2. The collusion appraisers falsely appraised the asset package with a value of more than RMB 29 million as more than RMB 5.8 billion.
3. Manipulate the price in reverse trading.
4. The amount of funds raised is huge, which has caused investment losses of more than 4 billion yuan to investors.
The road to fraud by Zhang Moulong and others is smooth sailing. In addition to selling the asset package share, Yan Mouzhong and others also instructed traders to control the trading volume and price of the asset package share by using the commission-free account provided by Zhang Moulong. When the cultural property rights exchanges in various places were cleaned up and rectified, all kinds of false platforms "selling dog meat by hanging sheep's heads" frequently appeared. China reporter, a brokerage firm, found according to the query of China Judgment Document Network that in recent years, many property exchanges such as "Strait Cultural Property Exchange" and "Huaxia International Cultural and Artistic Property Exchange" have been investigated, and most of the responsible persons were punished for organizing and leading pyramid selling activities and illegally absorbing public deposits.