Core Viewpoint - The "Xinkangjia" platform, masquerading as a branch of the Dubai Gold and Commodities Exchange (DGCX), has collapsed, affecting approximately 2 million investors with a total amount involved reaching 13 billion yuan [1][2][4]. Group 1: Platform Operations - "Xinkangjia" claimed to offer high returns of 1% daily, utilizing virtual currency investments and requiring a minimum entry fee of 1,000 USDT [4][10]. - The platform's operations were based on a Ponzi scheme model, promising high returns while using USDT for transactions, making it difficult for authorities to trace funds [9][10]. - After the platform became unable to process withdrawals, it introduced a "tax payment" scheme, requiring users to pay 10% of their holdings to withdraw funds, which many viewed as a final attempt to exploit investors [4][10]. Group 2: Regulatory Warnings - Multiple regulatory bodies across regions, including Sichuan, Guangdong, Jiangxi, and Hunan, issued warnings about the significant illegal fundraising risks associated with "Xinkangjia" [15][17]. - The DGCX officially stated that it has no partnerships or affiliations with "Xinkangjia," highlighting the fraudulent use of its name [12]. - The platform's operator, Guizhou Xinkangjia Big Data Service Co., Ltd., was established in April 2024 and has faced multiple operational issues, including being listed as an abnormal business entity [17]. Group 3: Investor Impact - Investors, such as a participant named Huang Zheng, reported being unable to withdraw their funds after investing over 30,000 yuan, with the platform's app becoming inaccessible [7]. - The scheme attracted a large number of participants despite the evident risks, indicating a willingness among some consumers to engage in high-risk investments [10].

Core Viewpoint - The article discusses the fraudulent activities of the "Xinkangjia" investment platform, which has been identified as a Ponzi scheme combined with a multi-level marketing structure, leading to significant financial losses for investors [3][4][29]. Group 1: Overview of "Xinkangjia" - "Xinkangjia" platform was established in 2021, initially claiming to engage in oil spot trading and later shifting to derivatives trading, falsely associating itself with the Dubai Gold and Commodities Exchange (DGCX) [6][19]. - The platform attracted around 2 million investors with claims of high returns, reportedly involving approximately 13 billion yuan in total investments [3][4]. - DGCX has publicly denied any affiliation with "Xinkangjia," warning that the platform is unauthorized and operates without any legitimate partnership [8][9]. Group 2: Investment Structure and Operations - "Xinkangjia" employed a nine-level hierarchical structure to incentivize recruitment, with participants earning rewards for bringing in new members, creating a classic Ponzi scheme dynamic [13][19]. - The platform promised daily returns of 0.2% and used various promotional tactics, including offering luxury cars as incentives for high investments [20][19]. - Investors were required to purchase USDT (Tether) for transactions, complicating the process and leading many to transfer funds to higher-level members for conversion [22][30]. Group 3: Regulatory Environment and Risks - The Chinese government has previously banned virtual currency investments, and multiple warnings have been issued regarding the risks associated with platforms like "Xinkangjia" [23][24]. - Local authorities have identified "Xinkangjia" as a significant illegal fundraising risk, highlighting its use of high-return promises and multi-level marketing tactics [28][24]. - The article emphasizes the growing trend of such schemes leveraging stablecoins to bypass financial regulations, posing a threat to investors and the broader financial system [30][33].

Core Viewpoint - The investment platform "DGCX Xin Kang Jia" has been identified as a fraudulent scheme, attracting approximately 2 million investors with a total involvement of 13 billion yuan, ultimately leading to its inability to process withdrawals and the founder's disappearance [1][5][9]. Group 1: Business Model and Operations - "DGCX Xin Kang Jia" operated under the guise of a virtual currency investment platform, promising daily returns of 1% and utilizing a multi-level marketing structure to recruit new investors [1][3][6]. - The platform falsely claimed to be affiliated with the Dubai Gold and Commodities Exchange (DGCX) and employed high-yield investment strategies to lure participants, which were later revealed to be part of a Ponzi scheme [5][9]. - Investors were encouraged to reinvest their earnings and recruit new members, with rewards structured based on the number of new recruits, creating a cycle of dependency on new investments for returns [6][10]. Group 2: Investor Experiences and Reactions - Many investors reported significant losses, with one individual claiming to have lost over 55,000 yuan (approximately 8,300 USDT) and others expressing frustration over their inability to withdraw funds [2][3]. - Despite the platform's collapse, some individuals continued to invest, demonstrating a willingness to engage in what has been termed a "fool's game" [4][11]. - The platform's operations ceased after it was reported that the founder had fled abroad, leaving investors without recourse [4][8]. Group 3: Regulatory and Legal Context - Multiple law enforcement agencies across various provinces have issued warnings about the risks associated with "DGCX Xin Kang Jia," highlighting its fraudulent nature and lack of regulatory approval [5][9]. - The operating entity, Guizhou Xin Kang Jia Big Data Service Co., Ltd., has been listed in abnormal business operations and has applied for deregistration, indicating its imminent closure [8][9]. - Legal experts have classified the platform's activities as illegal fundraising and fraud, emphasizing the need for investors to be cautious and informed about the legitimacy of investment opportunities [9][12].

Core Viewpoint - The article discusses the collapse of DGCX Xin Kang Jia, a financial platform that was involved in a Ponzi scheme, highlighting the fraudulent activities and the significant financial losses incurred by investors [1][2][28]. Group 1: Company Overview - DGCX Xin Kang Jia falsely presented itself as a branch of the Dubai Gold and Commodities Exchange (DGCX) [4][6]. - The platform had a membership base of approximately 2 million individuals [8][33]. - The company was registered in Guizhou, China, and underwent a change in legal representation, with the new owner having no actual capital contribution [10][11]. Group 2: Financial Misconduct - Prior to its collapse, DGCX Xin Kang Jia transferred approximately 1.8 billion USDT (around 12.9 billion RMB) to a shell company in the Cayman Islands within 48 hours [28][30]. - The platform's operations were characterized by deceptive practices, including fake data and manipulated investment returns [16][35]. - The platform's leadership reportedly took high commissions, with up to 50% of the funds being siphoned off, leaving little for actual returns to investors [35]. Group 3: Investor Impact - The collapse of DGCX Xin Kang Jia resulted in significant financial losses for investors, reminiscent of previous financial fraud cases in China [2][21]. - Many investors were drawn in by promises of high returns and were encouraged to recruit others, resembling a multi-level marketing scheme [25][24]. - The article notes that despite warnings and previous incidents of financial fraud, new scams continue to emerge, indicating a persistent vulnerability among investors [37][38].

Core Viewpoint - The DGCX Xin Kang Jia financial pyramid scheme has collapsed, affecting approximately 2 million investors and involving hundreds of billions in funds, with a significant amount of assets transferred offshore just before the collapse [1][15][19]. Group 1: Scheme Overview - DGCX Xin Kang Jia was initially launched as a "China Petroleum" app in May 2023, falsely claiming a partnership with China National Petroleum Corporation and later transitioning to the DGCX trading platform [1]. - The scheme promised high returns of 1%-2% daily and over 300% annually, attracting investors with misleading claims about its legitimacy [2][19]. - The platform operated as a centralized trading venue without any legitimate qualifications, manipulating market data behind the scenes [8][19]. Group 2: Operational Structure - The scheme utilized a "militarized" pyramid structure, dividing the country into four major "battle zones" and incentivizing participants to recruit others through commissions and rewards [10][19]. - Participants were required to pay a minimum entry fee of 1,000 USDT, with funds directly controlled by the platform [9][19]. - The internal reward system included various levels of compensation based on recruitment, with significant bonuses for higher ranks [12][19]. Group 3: Investor Impact - Approximately 2 million victims, primarily from lower-tier cities and older demographics, are estimated to have lost hundreds of billions, with 18 billion USDT transferred offshore [15][18]. - Despite multiple official warnings about the scheme's illegitimacy, investor enthusiasm surged, leading to a 217% increase in new registrations within three months of the alerts [16][19]. Group 4: Trends in Financial Fraud - The DGCX Xin Kang Jia case highlights new trends in virtual currency scams, including a combination of Ponzi schemes and pyramid structures, high-return promises, and the use of virtual currencies for transactions [19][20]. - The scheme's operations were characterized by a closed, familiar network approach, making it easier to recruit new participants [21]. - The targeting of small towns and older individuals reflects a growing trend in scams, as these groups often lack information and are more susceptible to influence [22].

Group 1 - The platform "Youli Li" is being questioned for its legitimacy, with allegations of being a scam involving potentially over a billion in funds [2] - The promotional offer of "register and receive $10,000" is misleading, as the money is not real but a form of their own currency called TK coins, which requires recruitment or investment to convert into cash [4] - Claims of guaranteed returns, such as investing $300 to $20,000 for a 10% profit in 14 days, are deemed unrealistic and indicative of a Ponzi scheme due to lack of transparency and third-party oversight [4] Group 2 - The platform's advertising claims, including being featured on CCTV, are found to be exaggerated, with ads aired at odd hours and lacking credibility [6] - The company promotes its TK coins as a lucrative investment opportunity, but it lacks financial licenses and regulatory oversight, raising red flags about its operations [8] - The business model resembles traditional high-return investment scams, emphasizing the need for potential investors to verify company credentials and regulatory compliance before engaging [8]

Core Viewpoint - The article discusses the phenomenon of multiple companies experiencing financial collapse, highlighting the common traits of these businesses, which include reckless growth, rapid iteration, self-destructive practices, yet they continue to persist in the market [1][44]. Group 1: Company Examples and Impact - Yongkun Gold, with 23 gold stores and 11 jewelry stores in Jiangsu, Zhejiang, and Shanghai, was found unable to fulfill its obligations in May, affecting over 10,000 people and involving an amount as high as 4 billion yuan [1][2]. - The case of Qian Dao Investment, which faced payment issues last year and was discovered to have fake products and shell companies, illustrates the extent of the problem [6][7]. - Jiang Hai Hui Group, which operated for 15 years and claimed government recognition, suddenly collapsed, leaving investors with approximately 28 billion yuan in losses [10]. - The article also mentions the collapse of various companies across different sectors, including home decoration and elderly care, indicating a widespread issue beyond just financial investments [12][19]. Group 2: Common Characteristics of Exploding Companies - The companies involved share common characteristics such as low market entry barriers, rough business operations, and difficulty in controlling service quality [44][45]. - Many of these companies operate in sectors with inadequate regulatory oversight, leading to a proliferation of businesses lacking proper qualifications and operational standards [45][46]. - The article emphasizes that these companies often promise high returns to attract investments, engage in fund misappropriation, and create a false sense of security through misleading advertising [43][44]. Group 3: Consumer Protection and Regulatory Suggestions - Consumers are advised to analyze the rationality of investment projects, check the background of companies, and be cautious of those lacking necessary qualifications [46][47]. - The article suggests that the government should establish a cross-departmental risk prevention mechanism, implement dynamic regulatory policies, and enhance mandatory disclosure standards for companies [51][53]. - It highlights the need for stricter regulations on prepayment systems to prevent companies from misusing funds and to ensure consumer protection [52][53].

Core Insights - The article narrates the rise and fall of Yang Zhuoshu, a once-prominent real estate mogul in China, who was involved in a massive financial fraud that led to his imprisonment for nine years [1][30][32] Group 1: Background and Rise - Yang Zhuoshu was born in 1952 in Heilongjiang and faced early life challenges, including social isolation due to his father's political issues [5] - He transitioned from a struggling student to a successful journalist, eventually becoming the editor-in-chief at a newspaper after publishing over 5 million words [7] - In 1993, he left journalism to enter the real estate market during a downturn, believing that crises present opportunities [9] Group 2: Business Expansion - Yang started his real estate journey by acquiring development rights for 30 acres of land with borrowed funds, which marked a turning point in his career [11] - He launched a successful marketing campaign for a housing project, pricing it significantly lower than the market rate, which attracted substantial investment [13][15] - His company, Zhuoda Group, expanded rapidly across various regions, and by 2001, he was listed as one of China's wealthiest individuals with a net worth of 2.1 billion [17] Group 3: Decline and Fraud - Yang's ambition led him to undertake large-scale projects that often remained unfulfilled, such as a 600 billion investment in a tourism project [19] - He began to engage in risky financial practices, including packaging real estate projects as investment products promising high returns, which attracted around 400,000 investors, many of whom were local elderly individuals [23] - In 2019, as financial troubles escalated, Yang surrendered to authorities, revealing the fraudulent nature of his operations, which were based on unsustainable promises and fabricated contracts [27][29] Group 4: Legal Consequences - In 2022, Yang was sentenced to nine years in prison for illegal fundraising, leaving behind a legacy of financial ruin for countless investors [30] - The article concludes with a reflection on the dangers of high-yield investment schemes and the lessons learned from Yang's downfall, emphasizing the risks of unrealistic financial promises [34]

我发现创业者特别喜欢这样搞啊，先集资后跑路。最近宁波又爆了一个"10亿茅台期货"惊天大雷，十五年的白酒行业创业者失联： 宁波酒商搞茅台期货庞氏骗局，10亿茅台期货暴雷了，他高价收低价卖玩击鼓传花，结果茅台价格暴跌，10亿资金盘崩盘跑 路，投资者血本无归。爆雷前该负责人已办理港澳通行证，公司账户资金清零，公司办公场所人去楼空，仓库货物被转移。 2010年，X老板代理茅台镇酱酒起家 最初是贵州某烧坊酱酒品牌的浙江及江西省级总代理，经营模式也很传统就是一手交钱，一手交货，主要卖茅台镇酱酒(非茅台)。 2020年，X老板开始搞期货 做茅台官方代理门槛挺高的：(1)要交3000万保证金，而且第一次进货要100万以上(省级代理)(2)年流水要达到3500以上，(3) 有稳定的销售渠道，实体店等等， X老板大概率是做不了的。所以做了擦边，(4年后还被茅台起诉过)，而且这一年飞天茅台疯涨，散瓶价从2000涨至2800。你说这么赚钱 的事谁看了不眼红? 这个X老板啊，根本就不是茅台正规代理商，拿不到稳定的低价货源。但他脑子活，整了个"茅台期货"的套路——1600一瓶预售飞天茅 台(当时市场价要2200-2800)，说好3-6个 ...

以下文章来源于南风窗 ，作者朱秋雨 南风窗 . 冷静地思考，热情地生活。 | 企业名称 | 浙江永坤控股有限公司 | | | | | | --- | --- | --- | --- | --- | --- | | 法定代表人 | 流 汪国海 【关联企业 14 | 登记状态 (2 | 存续 | 天眼评分 ⑦ | 89 % | | | | 成立日期 | 2014-03-13 | | | | 统一社会信用代码 2 | 91330102093318244G | 注册资本 1 | 10230万人民币 | 实增资本 | 4210万人民币 | | 工商注册号 | 330102000118923 | 纳税人识别号 ① | 91330102093318244G | 组织机构代码 ① | 09331824-4 | | 营业期限 | 2014-03-13 至 2034-03-12 | 纳税人资质 | 增值税一般纳税人 | 核准日期 | ம் | | 企业类型 | 有限责任公司(自然人独资) | 行业 | 商务服务业 | 人员规模 | 50-aa Y | | 参保人数 | 72 2023年报> ~ | 英文名称 | Zhejiang ...