Fake or imitate the name of a legitimate securities business service institution and engage in illegal securities investment consulting activities.
Case 7: Investor Zhang received a phone call from Kim, claiming to be an employee of a well-known Z securities company in China. He learned through the exchange that his stock account was losing money, and Z Securities Company could recommend stocks for him and help him make money.
Out of trust in the reputation of Z Securities Company, Zhang remitted the three-month membership fee of 6,000 yuan to the account provided by Kim. Since then, Kim has repeatedly recommended stocks to Zhang through mobile phone Fetion and telephone.
However, Zhang did not get the expected income from the stocks he recommended, but lost money. Feeling bad, Zhang called Z Securities Company to know that he had been cheated.
Analysis of modus operandi: In order to commit fraud, criminals directly impersonate the names of well-known securities companies, fund companies and securities research institutes, or use names similar to those of these securities operating institutions to deceive investors who do not know the truth. Although the technique is simple, investors have been repeatedly recruited.
Experts remind: investors must be wary of those who call or visit and claim to provide professional securities services. They can consult the regulatory authorities or inquire about the business premises of relevant institutions, verify the industrial and commercial licenses and securities business qualifications of relevant companies, and verify the identity and qualifications of relevant personnel to prevent being deceived.