This is an old case that occurred at the end of October 2021, when Huiyou's real account at Chuangfu Yinghui was cancelled by the platform, resulting in a loss of 140000 yuan. Now two years have passed, and even though Huiyou has reported to the police and the case has been investigated by the police, 140000 yuan has still not been recovered.
140000 yuan loss, platform issue or order issue?
In October 2021, under the introduction of Huiyou Jing, he registered a trading account with Chuangfu Yinghui and began trading gold. Under the instigation of so-called friends, Huiyou made multiple deposits in November of that year, with each deposit ranging from over $1000 to $3000 to $4000. Soon, he deposited 140000 yuan into the trading account of Chuangfu Yinghui.
Later, under the frequent order calling operations of the teacher, his trading position continued to increase, and his 140000 account funds were depleted. Huiyou felt that he had encountered a black platform, so he called the police and successfully filed a case on January 6, 2022.
It is worth mentioning that according to the records of Huiyou after reporting the case, each transfer was made to a different bank account of the payee. Unfortunately, Huiyou did not realize the problem at that time.
For years, covert regulation
This situation may be caused by Huiyou's credulity and lack of integrity, or it may be due to the platform's modification of backend data. But what we need to know is that as early as 2018, Aihuicha had already included Chuangfu Yinghui in the black platform column. It should also be reminded that even though Huiyou's report has been more than a year, the two official websites of Chuangfu Yinghui are still operating normally and have not been closed. According to the domain information of Chuangfu Yinghui, it can be known that it was established in 2017.
Regarding regulation, Chuangfu Yinghui has undergone a "regulatory change" in the past few years. Previously, it claimed to be regulated by the US NFA0509521. At that time, when searching for its so-called regulation in the US NFA, one could find its corresponding company name MEGA RICH GLOBAL FINANCIAL LIMITED, but it was only a regular registration and not an NFA member, meaning it was not regulated by the US NFA at all. In fact, NFA has only had a few retail foreign exchange licenses for many years, and creating wealth and earning foreign exchange is clearly not one of them.
And now when you look at Chuangfu Yinghui's self introduction, you can see that the originally claimed US regulation no longer exists. Currently, the webpage indicates that it is regulated by Saint Vincent FSA, with registration number 25277 BC 2019. The corresponding company name has also been found in the Saint Vincent FSA, but the Saint Vincent FSA does not regulate financial derivatives, so this is simply ineffective regulation.
The official website of Chuangfu Yinghui also mentioned that it was established in Hong Kong in 2013, and the publicly available license is only regulated by the overseas subsidiary Saint Vincent, without publicly stating that its headquarters in Hong Kong is subject to any regulation. And the Hong Kong regulatory agency SFC did not find any relevant regulatory information.
From using NFA registration to impersonate regulation, to using FSA to generalize, and then to pursuing distance and distance regulation, the regulation of Chuangfu Yinghui is clearly covered up everywhere. The important thing is that it has been operating in this state for many years, so please be vigilant.
