Shock! Everyone in this group except me is a fraudster — The multi-million dollar scam behind "stock options"
On December 5, 2018, the Changfeng New Village Police Station of the Putuo Branch of the Shanghai Public Security Bureau received an off-site alarm call. The caller had spent a large sum of money to purchase "stock option" products from an asset management company located in the Changfeng area, and within just one week, his positions were inexplicably liquidated, leading him to suspect he had been scammed.