Category: Money tips Release Date: 2006-06-29
Buying companies unlisted shares in order to obtain post-marketing money and profit, has been favored by investors in certain markets. This year, however recent cases took place gave these people sounded the alarm, improper stock trading unlisted hidden behind a trap, only the formal sale and purchase it possible risks to a minimum.
In March of this year, Fang Jin-investment advisory firm case, illegal sale of unlisted shares in the Pudong New District Court trial, the three suspects were arrested for the crime of fraudulent investment schemes, illegal business crimes has been prosecuted. This is the name of the group will soon sell shares of listed companies in the name, by which means a period of 8 months earned a turnover of 285 million could be delays in the message listing, 285 million is no more audio, shareholders They began to realize that have taken the bait.
This involved investment advisory firm, called FANG Jin-Fang, general manager, vice president and business manager of a Ni Zhang who had on the first German investment consulting company (already written off) to work, they found that the transfer of the shares in unlisted companies a lucrative, easy to August 2004 preparing to set up his own company.
According to company law was a limited company registered capital of 500,000 yuan. Three found an advance of funds for private enterprise set up square Kam company, legal representative of a party, operating range of investment consulting.
Company is set up, three rental offices, recruitment of clerk, the installation of 20 telephone, and through the property broker forged qualification certificates in stock. All matters surrounding the non-listed company's equity sales agent launched, though they had not obtained the securities business license. As the salesman had the experience of investment advisory firm, the three quickly found a certain property rights trading center, linked to the Xi'an Han Xin, Xian Tian Xian Wang big three pharmaceutical and limited liability company is not listed, the other party had agreed with them more than RMB 4 yuan per share, the external sales price.
According to the Public Prosecution Service disclosed, Xian Han Xin's propaganda, saying that after-tax profit of 55.82 million yuan, in fact, its since its inception, tax records to zero. Xian Tian An overseas listing of pharmaceutical companies approval letter is a forgery, which has no listing of three companies. Public has no understanding of their real operating conditions, nor with these three companies entered into a share repurchase agreements, so they put money in a very insecure state.
This three defendants argue that they did not promise to their customers will be able to three stock market, and they provide customers with information on the three companies is also provided, Xi'an, and not their own making. Fang also said that even if the stock can not be listed on dividends, but in FANG Jin-founded eight months, the customers did not receive any dividends.
Industry experts have said that this case in the current market has a strong representation of fraudster taking advantage of investors, issuing companies are not familiar with the situation and offshore multi-level operation of the market rules, and "flourishes" mentality, making illegal elements often succeed. If you want to avoid the risk of investor fraud, be sure to stay away from these illegal distribution and illegal securities trading.
