Core Viewpoint - The article discusses the rise of illegal stock recommendations as a form of economic crime, highlighting the need for awareness and prevention measures against such fraudulent activities [2]. Summary by Sections What is Illegal Stock Recommendation? - "Illegal stock recommendation" refers to activities where unqualified individuals or institutions provide paid consulting services related to stock investment analysis, predictions, or advice [3]. Main Forms of Illegal Stock Recommendation - The primary modes of illegal stock recommendation include: 1. **Online Live Streaming**: Using platforms to recommend stocks under the guise of "hosts" or "influencers" [4]. 2. **Social Media Recommendations**: Individuals claiming to be "stock gods" or "experts" use platforms like Weibo and WeChat to spread false investment information, enticing investors to pay for services [4]. 3. **Software Recommendations**: Fraudsters promote so-called "stock recommendation software" that falsely claims to predict stock price movements, charging high fees without delivering real results [4]. 4. **Training Programs**: Scammers offer "financial education" courses disguised as investment training, charging exorbitant fees while conducting illegal stock recommendations [5]. 5. **Big Data and AI Stock Selection**: Fraudsters create fictitious success stories and claim to have developed proprietary tools for stock selection, misleading investors into purchasing these tools or following their trading advice [5]. 6. **Impersonation of Licensed Institutions**: Criminals use stolen identities to pose as licensed professionals, gaining investors' trust and charging fees for fraudulent stock recommendations [5]. Effective Prevention Measures - To effectively prevent illegal stock recommendations, it is crucial to manage both the "entry" and "exit" points: - **Entry**: Be cautious of unsolicited stock recommendations received through calls, messages, or social media, and maintain a high level of skepticism [6]. - **Exit**: Avoid following stock recommendations, especially those that come with offers for "membership services" or "consulting services," and refrain from making hasty financial transactions [6].