Fangcun in Guangzhou is famous for its tea trade, which attracts tea producers and sellers from all over the country. However, in the past six months, there has been an amazing financial ** in Fangcun Tea Market, which shocked the entire industry. The central figure of this ** is the founder of Changshi Tea Factory, who set up an elaborate fraud plan and successfully defrauded a full 500 million funds. Cunning, he took advantage of the peculiarities of the tea trade, as well as the unique business model and repurchase strategy he mastered, to lure the interest and investment of a large number of tea merchants. Not only that, but what is surprising is that this young entrepreneur was able to bypass the supervision of **, and no one was able to stop him.
Expansion: The prosperity of Guangzhou's Fangcun Tea Market dates back to the Qing Dynasty, and since then, Fangcun has become an important tea trading center. Tea merchants not only come from all over the country, but even some foreign buyers. Tea trading is a very traditional and formal business activity in Fangcun, and tea merchants trust this market and rely on it to sustain their business. Therefore, when Changshihao Tea Factory entered Fangcun with its eye-catching business model, many tea merchants invested in the hope of reaping a good return.
Changshihao Tea Factory is different from the traditional tea trade, and it has attracted the interest of many tea merchants with its unique business model. First of all, Changshihao launched four tea products and attracted the attention of tea merchants with the promise of ** buyback. Regardless of the ** for which these teas are acquired, Changshi will repurchase them at a rate higher than 20% after a month. The tea merchants were initially skeptical, thinking it was a bit incredible. However, Changshi did not passively wait for the belief of the tea merchants, but successively launched four teas and completed the repurchase as agreed. This gave tea merchants a taste of sweetness, and many began to believe in the viability of this business model.
Expansion: The ** buyback strategy adopted by Changshi Tea Factory is not completely unreasonable. It is normal for the tea market to fluctuate, and it is also an opportunity for tea merchants to earn the difference. The Changshi Tea Factory has set a trap in this fluctuation. They use the value of the tea cake to speculate first, and then buy it back, so as to convince the tea merchants that this is an opportunity to make a steady return. The tea merchants invested a lot of money in the pursuit of their own interests and the belief in the promise of Changshi's buyback, which was precisely the result of Changshi's pre-setting.
Tea merchants smelled the ** of money and joined the ranks of Changshi tea speculation. The speed at which the WeChat group was established was jaw-dropping, and the ** of Changshi tea also soared in a short period of time. When the last tea was launched, tea merchants thought it was another opportunity to make money, and hundreds of WeChat groups began to snap it up. The Changshi Tea Factory quickly absorbed a large amount of money, and when the contents were in hand, the owner of the Changshi disappeared silently. The tea merchants were in a predicament, and the tea sold **rapidly**, falling from 50,000 to two or three thousand, and the investment of the tea merchants was completely lost. Some of the tea merchants went to the police, some went to block the door, however, none of this worked. Changshihao's repurchase commitment is only a verbal promise, without any written agreement as a basis, and the lack of evidence makes it impossible to file a case.
Expansion: The blind pursuit of tea merchants is really embarrassing. They are blinded by false promises and forget to think rationally and examine risks. It is also a common tactic of financial fraud, taking advantage of people's greed and blind pursuit to create false opportunities. And the tea merchants did not see through the routines, and eventually became the victims of financial **.
The trap set by the Changshi Tea Factory is very ingenious. They were suspicious of the buyback commitment, so they adopted a preemptive strategy to launch a number of teas and successfully completed the buyback. This series of operations gave the tea merchants confidence in Changshihao's business model, and then increased their investment. After the incident, the transfer of funds by the boss of the Changshi quickly disappeared, making it impossible for the tea merchants to be held accountable. In addition, Changshihao's account is not in the name of the boss himself, and it is impossible to trace the real behind-the-scenes**, so it is impossible to file a case. On the one hand, the success of this ** is due to the ingenious design of the Changshihao, and on the other hand, the lack of understanding and risk awareness of the tea merchants in the financial field.
Expansion: The precautionary measures taken by Changshi Tea Factory are meticulous and leave almost no traces of traceability. This also illustrates the importance of evidence in finance, where tea merchants have not properly retained or obtained sufficient evidence to make it impossible for them to conduct further investigations and file cases.
This financial tea explosion incident has triggered people's thinking about the supervision of the financial market and the awareness of personal risks. First of all, the emergence of financialization is inevitable, and all walks of life in society may be used for financialization operations. For this phenomenon, we need a strong regulator to ensure that the market is fair and transparent. After all, the development of digital time has given people all sorts of opportunities to commit financial fraud. Secondly, the financial industry has been repeatedly banned, and it is very important to improve personal risk awareness. We need to educate and remind ourselves to think rationally and to be skeptical and scrutinistic about any promises of overly high returns. Don't be fooled by the immediate benefits, be sure to keep a clear head at all times, and don't easily trust the promises of others.
In this incident, both the tea merchants and the ** suffered the losses of this young entrepreneur again and again. The tea merchants fell into a financial trap because of their greed for huge profits, and ** could not be held accountable because of insufficient evidence. These lessons teach us that finance is not very dangerous, and that we need to be vigilant and not get carried away by promises of high returns. At the same time, the regulatory authorities also need to strengthen the supervision of the financial market to ensure the stability and fairness of the market and avoid the recurrence of similar incidents. In addition to raising risk awareness, we can also protect our interests by collecting evidence and seeking legal assistance when ordinary people face finance. Only through joint efforts can we reduce the losses caused by finance to society and individuals, and maintain the normal operation of financial markets.