On September 18, Langfang Public Security Bureau investigated and dealt with the suspected illegal fund-raising case of Huangjinjia Group according to law, and seized, detained and frozen the funds and other property involved, and investigated and dealt with the directly responsible person in charge and other directly responsible personnel of the company. In the following days, Jinjiamen in Handan, Shijiazhuang, Zhangjiakou, Baoding and other places in Hebei closed one after another. It is reported that the case involves 9 provinces and cities such as Hebei and Shaanxi.
According to the police, Jinjia Company used its online gold trading platform to make an appointment for pre-sale, signed a pre-sale neutral warehouse contract with customers, paid different interests according to the number of purchase orders, and promised to protect the capital and interest. Jinjia Company has set up a number of branches all over the country and appointed responsible persons to attract funds from the society through public publicity with high interest rates as bait, and its behavior has been suspected of illegally absorbing public deposits.
It is understood that Golden Home Investment Group was established in June 2007. It is the first professional gold investment institution in Hebei Province and is called "the first share of gold in Hebei" by the industry. Its main business is gold armour mini gold bars, gold armour standard gold bars and currency sales and repurchase.