① Wang Zhengyuan’s fan group fee thresholds are divided into 30,000 and 150,000. The group rights and interests of different fees are different.
② Some stocks recommended by Wang Zhengyuan have trapped investors, and some stocks have even been delisted on the night after recommendation.
The famous “rich second generation” on the Internet is investing in stocks. Do you follow? Recently, a number of netizens broke the news to Blue Whale News that Internet celebrity Wang Zhengyuan charged a high group entry fee of 150,000 yuan to lead people to speculate in stocks, causing large losses and then delayed refunds.
Some interviewed friends revealed,”He is worse than Da Lan. Because the information he gave was too conclusive, and everyone spent so much money, I didn’t think it would be a lie.” After crediting others ‘suggestions, some people left the stock market.
Charge a group entry fee of 30,000 to 150,000 yuan for “stock recommendation”, and the overall fee scale may be more than 20 million yuan
For those who pay attention to the online celebrity ecosystem,”Wang Zhengyuan” is not an unfamiliar name. It has millions of fans on Weibo and Douyin, with the most prominent tags being “Beijing Rich and Young” and “Top Rich Second Generation”. Short Video, Wang Zhengyuan once showed various luxury cars, 1700-square-meter villas, and electricity bills of up to 10,000 yuan. In terms of investment, Wang Zhengyuan also posted profitable Bitcoin accounts and predicted accurate stock market trends. He revealed in the live broadcast room that he once felt that he was “a rising star in China’s financial world” and “made money on whatever he bought.”
A number of investors interviewed revealed that they came into contact with Wang Zhengyuan’s fan base at the end of 2021. At that time, Wang Zhengyuan said that he could be added to WeChat by swiping a Carnival (equivalent to RMB 3000) in the live broadcast room or transferring an equal amount of money, and everyone chatted in the fan group for free. Later, he revealed that he had a lot of resources and news around him to share with everyone,”I make you 100,000 yuan by doing T-shows. It may only take one day.”
In the name of “fan group”, Wang Zhengyuan began to lead his group of friends to stock stocks.
According to the group interviewed, joining the latter core fan group requires a threshold fee of 30,000 or 150,000, and the group rights and interests of different fees are also different. Investor Lao Wu recalled that a group of 30,000 yuan promoted individual stocks and a group of 150,000 yuan taught specific trading points. It was only later that the group friends communicated that they discovered that Wang Zai’s news was actually similar in every group.
Because Wang Zhengyuan’s image of a rich second generation is very solid and he has previously predicted the trend of some sectors and individual stocks, many people are willing to pay for it. A group of friends revealed to the Blue Whale reporter that at its peak, Wang Zhengyuan’s 30,000 and 150,000 fan groups each had more than 150 group members, and the cumulative fee exceeded 20 million yuan.
Some people did rely on Wang Zhengyuan’s recommendations to “make some money” when they first joined the fan base-this is how trust is formed. Blue Whale reporter learned from his group of friends that Wang Zhengyuan pushed 1-2 votes almost a month, and many people invested in the million-level. Lao Wu, a member of the group interviewed, speculated that because the circulation market is relatively small and our capital volume is large, and the overall amount may be several hundred million yuan.”There is no problem in pulling a few daily limits.”
“At that time, everyone thought they had met a good big brother and bought it and made a fortune,” investor Bob recalled.
When recommending stocks at a high level and delisted that night, Wang Zhengyuan once promised that “he would refund the group fee if he sold cars.”
What information can such an expensive paying group provide?
Investors interviewed revealed that Wang Zhengyuan recommended multiple stocks in the group, and sometimes he would directly say,”Buy it and finish it, I am Zhuang” and “Just take it without thinking.” In the group, everyone hardly talked about stock selection logic and operating skills. Wang Zhengyuan even admitted that “I don’t understand technology.” An investor interviewed revealed that because Wang Zhengyuan said that he would give gifts to the main force behind the scenes and would need to be shared among his group of friends, he even transferred a sum of 8888 yuan.
The dream of common prosperity ultimately failed to realize. Group friend Bob revealed that some of the stocks recommended by Wang Zhengyuan did gain continuous daily limits, but he had always advised everyone to hold them, so that many people were trapped. There are also some stocks that were at their highest levels in recent years when Wang Zhengyuan promoted them.
Later, Wang Zhengyuan promoted several stocks with caps. “Some people with red eyes have lost their mentality in the end. Even if they don’t believe him that much, they still want to give it a try.” Investor Lao Wu revealed. Among them, Wang Zhengyuan once announced that a certain stock was about to announce the news of a “50 million increase in holdings”, and the stock was suspended that night. On the night of delisting, a group of friends smoked cigarettes all night and didn’t know how to explain it to their families.
At this point, the trust of the group friends completely collapsed. According to investor Mr. Miao, starting from the end of 2022, some people have asked Wang Zhengyuan to refund the group fee, and there have been several waves of refunds in the future. At first, Wang Zhengyuan promised to “refund even if he sold a car” and refunded 100,000 to 100,000 yuan to some group friends. After that, he stopped replying.
At the same time, Wang Zhengyuan revealed on his social account that he had stumbled heavily on the stock that was delisted and lost tens of millions. “It turns out that I have basically cut off high consumption, and the daily cost of living is now only about 100 yuan.”
However, paradoxically, even so, Wang Zhengyuan’s videos still contain content such as luxury bags, high-priced bicycles, and luxury cars.
Wang Zhengyuan responded that he was “begging to enter”? Lawyer said he was suspected of illegal patronage
This matter has been going on for many years. Recently, after public opinion fermented, Wang Zhengyuan responded on social platforms: At first, I chatted purely with fan groups, and I said I would give them some stocks to buy. Later, many sand coins with impure purposes entered my fan base purely with stocks. “If you lose, I will say you are cheating and you owe money. I really beg you to enter.”
The Blue Whale reporter once sent an interview invitation to Wang Zhengyuan’s social account to verify the truth, and the chat interface showed “It has been read and cannot be returned.” As of press time, the reporter has not received a reply.
According to the Securities Law and relevant regulations of the China Securities Regulatory Commission, securities investment consulting business must obtain relevant qualifications before it can be carried out. Xu Feng, a lawyer from Shanghai Jiucheng Law Firm, said that judging from the relevant paid screenshots and chat screenshots, Wang Zhengyuan is suspected of engaging in illegal securities investment consulting business, and may even be suspected of illegal business operations and fraud. It is recommended that investors promptly report to the securities regulatory department and the public security department.
Many interviewees revealed that they currently have a rights protection group of about 150 people. The group has collected nearly a hundred screenshots of transfer transfers, and very few people have completed all refunds. Among them, dozens of group members submitted reporting materials to the CSRC last year and are still under investigation.
Paying stock trading groups like Wang Zhengyuan are obviously not isolated. In October last year, the stock market rebounded, many new investors entered the market, and the phenomenon of illegal stock recommendation also rose. A large number of Internet celebrities have transformed into “stock gods” in this craze, taking the opportunity to harvest traffic and money.
Take Douyin’s tens of millions of fans online red and blue as an example. He has published dozens of stock market-related works in succession, including “Public Forecast of the A-Share Market”,”Which Stock to Buy for Newbies in Stock Trading to Make Money”,”Is I really in a position?””Public Forecast of the Rise and Fall of No. 8 Stock”,”Recommended Everyone to Stock Trading, Am I Really Wrong” and other highly guiding stock trading content.
That month, the Da Lan account was blocked. The Douyin Security Center issued an announcement stating that Douyin has always been committed to creating a clean and upright community environment and has resolutely cracked down on various illegal securities activities, including “illegal stock recommendation” in the long term. For found illegal content and accounts, the platform will adopt measures including blocking live broadcast rights, removing content, resetting data, and banning accounts.
Relevant governance is still continuing, but the greed in people’s hearts is difficult to eradicate. As a result, many people stayed away from the stock market, but more people poured in one after another.