Core Viewpoint - The financial sector is facing a significant crisis as multiple gold investment firms, particularly Yongkun Group, have collapsed, leading to substantial financial losses for investors, some of whom have lost millions [1][20][30] Group 1: Company Overview - Yongkun Group operated a complex gold investment scheme that misled investors into believing they were purchasing gold with guaranteed returns, which turned out to be a Ponzi scheme [3][11] - The company promised annual returns as high as 9%, significantly above the bank deposit rate of 3.45%, which attracted many investors [5][6] - The investment model involved both online and offline channels, where customers signed contracts for gold storage and repurchase, creating a facade of security [8][9] Group 2: Investment Scheme Details - The contracts included clauses that promised to refund the original price if gold prices fell, which was a key selling point for attracting investors [6][11] - The scheme relied on continuous influx of new investors to sustain operations, ultimately leading to financial collapse when new investments dried up [11][24] - Prior to the collapse, the company was still actively promoting investment opportunities and running promotional campaigns, indicating a desperate attempt to gather more funds [15][16] Group 3: Investor Impact - Many investors, including families, invested significant amounts, with some losing over 12 million yuan, leading to extreme emotional distress and even suicidal thoughts among victims [22][30] - The network of victims expanded widely, with over 60% of investors being referred by friends, showcasing the extensive reach of the company's marketing tactics [24][26] - The collapse has left a large number of investors in financial ruin, with reports of individuals losing their life savings and facing severe financial consequences [20][22] Group 4: Management and Legal Issues - The company's founder, Wang Guohai, has been described as a key figure behind the scheme, with a history of operating multiple companies, many of which have been dissolved [26][28] - Following the collapse, it was revealed that the promised gold reserves, valued at 4.1 billion yuan, were nonexistent, leading to legal investigations [28][30] - The authorities have initiated investigations, but recovery of lost funds for investors remains uncertain, highlighting the risks associated with high-return investment schemes [30]

Core Viewpoint - The article highlights the dual issues in the gold market, focusing on the fraudulent practices in Shenzhen's Shui Bei area and the collapse of Yongkun Gold, which has significantly impacted investor trust and market integrity [1][3][36]. Group 1: Gold Market Overview - Gold has historically been a symbol of wealth and a safe haven in economic turmoil, with prices soaring to four-digit levels this year, making it less accessible for potential buyers [1]. - Shenzhen Shui Bei is recognized as a major hub for gold and jewelry, accounting for over 50% of the domestic gold transaction volume, but it has recently become a hotspot for fraudulent activities [5][9]. - The price advantage of gold in Shui Bei compared to branded stores attracts many consumers, especially during peak times like weekends [9][11]. Group 2: Fraudulent Practices - Investigations revealed serious fraud in Shui Bei, including the sale of gold-plated items disguised as real gold, which are difficult for average consumers to identify without professional testing [11][13]. - Common fraudulent methods include "gold-plated silver" and "aluminum gold," where merchants mislead consumers by marking fake items as genuine gold [13][15]. - The prevalence of such fraud has raised concerns about consumer protection and the integrity of the gold market [19]. Group 3: Yongkun Gold Collapse - Yongkun Gold, established in 2014, attracted many investors with seemingly attractive investment products promising high returns, but it turned out to be a well-structured scam [21][32]. - The company employed a Ponzi scheme model, using new investors' funds to pay returns to earlier investors, which became unsustainable as market conditions changed [34]. - Reports indicate that clients have entrusted Yongkun with 5,359 kilograms of gold, valued at approximately 4.1 billion yuan, highlighting the scale of the collapse [34]. Group 4: Market Implications - The fraudulent activities in Shui Bei and the collapse of Yongkun Gold serve as a cautionary tale for investors, emphasizing the need for vigilance and the importance of choosing reputable dealers in the gold market [36].

Core Viewpoint - Yongkun Gold has collapsed, affecting a significant number of middle-class individuals, small business owners, and wealthy families in the Yangtze River Delta, with the involved amount exceeding 2 billion [2] Group 1: Business Model and Operations - Yongkun Gold is not a traditional gold retailer but positions itself as a "comprehensive gold service provider," offering investment certificates instead of physical gold [4] - The company attracted investors with high-interest promises, initially offering annual returns as high as 9%, later stabilizing around 7%, significantly above market averages [4] - The business model relied on a Ponzi scheme structure, using new investor funds to pay returns to earlier investors rather than purchasing actual gold [6][8] Group 2: Investor Impact - Many investors, including families, invested substantial amounts, with some families investing up to 20 million [6] - As gold prices surged, investors rushed to withdraw their funds, leading to a liquidity crisis for Yongkun Gold, which could not fulfill withdrawal requests [7] - Employees of Yongkun Gold also suffered losses, with reports of them losing their life savings and facing financial distress [8] Group 3: Market Context and Warnings - The recent surge in gold prices attracted many investors seeking high returns, leading them to overlook the risks associated with high-yield investments [9][10] - The collapse of Yongkun Gold serves as a warning against high-yield investment promises, especially in a changing interest rate environment where traditional safe investments yield lower returns [12][19] - The situation reflects a broader issue of similar Ponzi schemes in China, indicating a systemic risk in the investment landscape [12]

以下文章来源于易简财经 ，作者陈璐瑶 易简财经 . 聚焦中国最有投资价值的公司 投资人懵了。 来源：易简财经 作者： 陈璐瑶 编辑 ：张恺翀 6 月 3 日 ，据报道，从杭州上城区分局经侦队获悉，浙江永坤控股有限公司 ( 简称：永坤控股 ) 相关人员涉嫌非法吸收公众存款，已对该案 立案调查。 图片来源：网络 永坤以所谓的 " 黄金托管 " 服务 吸引 投资者 ：你买下黄金但不提货 ，金价上涨 ，公司会支付收益，金价下跌，公司就退钱送积分。 该公司出具的一份保单显示，截至 4 月 28 日，其在保黄金资产至少有 41 亿元，堪称最大黄金杀猪盘。 而永坤的实控人汪国海或许已经携款逃匿于美国，无法抓捕归案。 01 精心包装的骗局 为了让投资者乖乖掏钱，永坤可是下了不少功夫包装自己。 实控人汪国海，据说是中国最早一批高级黄金分析师与上海黄金交易所注册交易员，前途无量。 2008 年，中国黄金市场刚开放，汪国海敏锐地察觉到黄金投资的巨大潜力，决定辞职创业。 企查查显示， 2014 年，永坤控股正式成立，注册资金 1.12 亿元。目前，汪国海仍为法定代表人。 在官网，永坤自称旗下拥有多家珠宝企业，包括永坤黄金、永坤黄金珠 ...

Group 1 - The core issue revolves around Zhejiang Yongkun Holdings Co., Ltd. (Yongkun Gold), which has faced payment irregularities, preventing multiple investors from withdrawing their funds [1][2] - Yongkun Gold, while officially a jewelry retailer, has engaged in activities beyond its licensed scope, effectively conducting unlicensed gold asset management operations [1][3] - Legal experts indicate that Yongkun Gold may be involved in criminal activities, with the potential for charges related to illegal public fundraising and investment fraud [2][3] Group 2 - Yongkun Gold's investment model has been characterized as a Ponzi scheme, promising annual returns of 12% to 18% through products like "gold savings" and "pre-purchased gold" [2][4] - The company lacks the necessary qualifications to manage gold assets, raising concerns about its operations and the legitimacy of its investment offerings [3][4] - There are significant doubts regarding the actual management of gold assets, including the storage and insurance of claimed gold holdings [3][4] Group 3 - Investors are warned to be cautious of high-return promises, as legitimate gold investments typically correlate with market fluctuations and do not guarantee fixed returns [4][5] - It is advised that investors verify the qualifications and operational scope of investment institutions, particularly those involved in gold asset management [4][5] - Recommendations include avoiding non-regulated investment channels and ensuring that investments do not exceed 20% of household assets, with diversification into safer assets [5]

信息源：本文陈述所有内容皆为可靠信息来源赘述在文章结尾 就在大家盯着中国、日本抛售美债的时候，美国财政部竟凭空冒出个"超级接盘侠"，一年狂扫1.5万亿 美债，比日本全年军费都多！ 可这土豪既不是传统盟友英国，也不是中东金主，但背后牵扯着美国掏空全球钱包的新套路…… 美债困局 2025年4月特朗普宣布"对等关税"政策后，美国国债遭遇了自2001年以来最猛烈的抛售潮，长期国债收 益率连日飙升。 2025年5月，美国财政部资本流动报告显示，中国单月减持189亿美元美债，持仓降至7654亿美元——这 是二十年来首次被英国反超，滑落至美债海外持有国的第三位。 日本虽在2025年2月增持466亿美元，但其国内债务压力制约了持续接盘能力。 此刻，美国国债总额高悬于37万亿美元之巅，而年复一年"借新还旧"的戏码也导致各国央行对美债态度 发生了转变，石油国家转向黄金，欧洲基金缩紧钱袋，美联储自身深陷量化紧缩。 对于美国来说，急需解决的2025年到期债务规模如滚雪球般膨胀，但是特朗普却丝毫不慌，因为一个隐 形巨头已悄然崛起。 2024年全球稳定币转账量高达27.6万亿美元，比Visa和万事达交易量总和还多。进入2025年，其总市 ...

Core Viewpoint - Zhejiang Yongkun Holdings Co., Ltd. (Yongkun Gold) has attracted thousands of investors through a promised annual return of up to 18% and a "referral commission" mechanism, disguising its operations as legitimate financial products [1][2]. Group 1: Company Overview - Yongkun Gold, established in March 2014, is a subsidiary of Zhejiang Yongkun Holdings, with a significant presence in the gold industry, including over 100 offline stores across the country [13][15]. - The company operates a gold custody model, where most of the gold is not held by investors, and has expanded its business through various sales channels, including e-commerce platforms [6][15]. Group 2: Business Model and Operations - Yongkun Gold's business consists of two main categories: sales-custody-recovery services, promising high returns to investors, and online sales of gold products with a no-loss guarantee [7][10]. - The company has implemented a referral reward system, where investors earn commissions for bringing in new clients, resembling a Ponzi scheme [23]. Group 3: Financial Issues and Legal Troubles - On May 20, 2025, Yongkun Gold faced a liquidity crisis, unable to make payments to clients, leading to investor protests and legal actions for illegal public deposit solicitation [2][4]. - The company was listed in the business abnormality directory due to being unreachable at its registered address, and there are concerns regarding the authenticity of its insurance policies covering over 4.1 billion yuan in gold assets [4][11]. Group 4: Investor Impact - Over 10,000 investors have reportedly been defrauded, with losses exceeding 2 billion yuan, and conservative estimates suggest total losses could reach 5 billion yuan [5][21]. - The high promised returns have lured many investors, including employees of Yongkun Gold, who invested their life savings, only to face significant financial losses [21][24].

Core Viewpoint - The article discusses the collapse of Yongkun Gold, revealing it as a Ponzi scheme that promised unrealistic returns to investors, leading to significant financial losses for many individuals and employees involved [2][30]. Group 1: Company Overview - Yongkun Gold, operated by Zhejiang Yongkun Holding Co., Ltd., was established in 2014 and primarily engaged in gold jewelry sales and related financial services [2][3]. - The company promised annual returns of 5% to 9% on gold entrusted for storage, attracting substantial investments from individuals [3][30]. Group 2: Business Model and Operations - Yongkun Gold's business model included sales, custody, and repurchase of gold, which appeared straightforward but was fundamentally flawed [3][30]. - The company offered products that allowed investors to either cash out or receive points based on gold price fluctuations, creating an illusion of a risk-free investment [5][30]. - Despite warnings about high risks, the company continued to attract investments until its eventual collapse [6][7]. Group 3: Financial Implications and Impact - Reports indicate that Yongkun Gold's clients had approximately 8.57 billion yuan in insured gold, with a total gold inventory of 5,359 kg, valued at over 4.1 billion yuan [19][20]. - The collapse occurred amidst a significant rise in global gold prices, which increased nearly 3% from May 21 to the date of the article [20]. Group 4: Regulatory and Legal Issues - Yongkun Gold operated without the necessary financial licenses, violating regulations by engaging in gold custody and repurchase services [28][30]. - The company's operations were characterized by systemic risks and a lack of compliance, ultimately leading to its downfall [28][30]. Group 5: Key Individuals - The core figure behind Yongkun Gold is Wang Guohai, who has been linked to multiple companies, with many having been dissolved [24][27]. - Wang's background as an early gold analyst and trader contributed to the initial success of Yongkun Gold, but his business practices raised significant red flags [27][30].

Core Viewpoint - Yongkun Gold has been reported unable to fulfill redemption requests, leading to significant losses for investors and affecting employees, with the Hangzhou police having initiated a case and the company's headquarters being sealed [1] Group 1: Company Overview - Yongkun Gold is operated by Zhejiang Yongkun Holdings Co., Ltd., established in 2014, primarily dealing in gold jewelry and related products, with Wang Guohai as the actual controller [5] - The company’s business model includes sales, custody, and repurchase services, promising investors annual returns of 5% to 9% on gold custody [7][30] - A collective insurance document indicates that Yongkun Gold has a gold inventory of 5,359 kilograms, valued at over 4.1 billion yuan as of April 28, 2025 [3][19] Group 2: Business Practices and Risks - The company engaged in aggressive marketing, continuing promotional activities even as it faced financial difficulties, such as a "May Pet Season" event that offered free gold beans to attract investors [12][14] - The operational model resembles a Ponzi scheme, relying on new investor funds to pay returns to earlier investors, which is unsustainable [30][31] - Yongkun Gold's operations were conducted without the necessary financial licenses, exposing it to significant regulatory risks [29] Group 3: Recent Developments - On May 20, Yongkun Gold was reported to have "exploded" financially, yet it was still promoting sales just days prior [2][12] - The company’s online platforms remain operational, but transaction data has ceased, indicating a potential cover-up of its financial troubles [3][11] - The Hangzhou police have confirmed that a case has been opened against Yongkun Gold, with the company’s headquarters sealed off [19]

Core Viewpoint - Yongkun Gold, established in 2014, is facing significant payout difficulties involving over 2 billion RMB, affecting thousands of investors, raising concerns about its business model and sustainability [1] Business Model and Products - Yongkun Gold claims to cover multiple sectors including gold exploration, refining, jewelry design and sales, import-export trade, and e-commerce, utilizing both online platforms and over 30 physical stores nationwide [2] - The "Gold Custody and Repurchase" service allows investors to purchase gold without actual withdrawal, with promises of high fixed annual returns, with rates as high as 12% to 18% for investments over 3 million RMB [4] - The online platform also offers a "Pre-purchase Gold" service, claiming capital protection and profit guarantees, essentially functioning as a financial product without actual gold delivery [4] - The "Super Gold Store" and "Gold Accumulation Plan" allow investors to purchase gold from 1 gram, with a promise of price protection, but high fees apply for early redemption [4] Characteristics of the Scheme - The business model lacks sustainability as gold does not generate cash flow, relying on continuous price increases which are unrealistic given market volatility [6] - Promised annual returns far exceed normal profit margins from legitimate gold investments, indicating a reliance on new investor funds to pay returns to earlier investors, characteristic of a Ponzi scheme [6] - The absence of physical gold in investors' possession and lack of regulatory oversight facilitate potential fraud, including misappropriation of funds and fictitious inventory [6][8] Investor Vulnerability - Yongkun's false advertising created a misleading perception of trust, claiming government backing and bank custody, while actual protections were minimal [10] - Investors often lacked understanding of financial product risks, failing to question the sustainability of high returns, leading to reliance on familiar recommendations and a false sense of security [10] Preventive Measures - Investors should remain vigilant against promises of excessively high returns, prioritizing capital safety over blind pursuit of profits [13] - Conduct thorough due diligence on platforms and their compliance with regulations, rather than relying solely on marketing or physical presence [13] - Diversification of investments is crucial to mitigate risks associated with concentrating funds in a single platform or product [13] - Understanding the underlying assets, operational logic, and risk-return characteristics of products is essential to identify potential Ponzi schemes [13] Actions for Affected Investors - Affected investors should organize through social media to share information and strategies for collective action [14] - Reporting to economic crime investigation departments with evidence such as contracts and transaction records is recommended [14] - Legal avenues should be explored, including hiring lawyers to pursue claims or participate in criminal proceedings [14] - Maintaining realistic expectations regarding the outcomes of legal actions is important due to potential delays and uncertainties in recovery [14]