Is Qiantang Education and Training School a scam?

Qiantang Education and Training School has committed fraud and has been complained by many people.

In the name of offering free financial management lessons, they actually sell financial management courses. They used brainwashing education and required investors to open an account at CICC Wealth Management without informing them after successfully opening an account at Guosen Securities. Their propaganda is all false, don't believe it.

Fraud

Fraud refers to the act of defrauding large amounts of public or private property by fabricating facts or concealing the truth for the purpose of illegal possession.

On July 14, 2021, the anti-fraud early warning SMS 12381 was officially launched, enabling real-time SMS early warning for potential fraud victims for the first time. This system can automatically analyze and discover potential victim users based on the numbers involved in the case provided by the public security organs using big data, artificial intelligence and other technologies! If you receive a text message from 12381, please be on high alert!

Contract fraud means that the perpetrator must cause the other party to be deceived and fall into a mistake, and thereby express his intention to sign or perform a contract with the other party; there is fraud. Fraud can be manifested as the fraudster deliberately causing the other party to make a mistake in a certain way, or it can also be manifested as the fraudster deliberately hindering the other party to make a mistake in a certain way.

It can be expressed as a positive way of acting, or it can be expressed as a way of deliberately not acting when it should be done; the person who was defrauded fell into a mistake due to being deceived. The “mistake” mentioned here refers to a defect in understanding the content of the contract and other important circumstances. For example, mistaking a low-quality product for a high-quality product, mistaking a subject matter with major defects for a defect-free one.

Mistakenly believe that the fraudster has the ability to perform the contract, etc. This kind of error must be caused by the fraudster's fraudulent behavior, that is, there is a causal relationship between the defrauded person's mistake and the fraudster's fraudulent behavior; the defrauded person expressed his intention to sign or perform a contract with him due to the mistake. The misunderstanding must be the direct cause of the expression of intention.