Over 83 Million Yuan in Penalties! Famous "Black-mouth Big V" Account Banned

In recent years, with the rapid development of short video and live streaming platforms, some online bloggers have fabricated false personas of successful investors to attract a large number of followers.

“Rich Second Generation” guiding you to trade stocks?

Beware of “packaged stock gods”

Mr. Wang followed a influencer on a short video platform who claimed to be a “wealthy young man from Beijing.” In the videos, this “rich young man” frequently displayed luxury cars, mansions, and so-called investment profit screenshots. Mr. Wang gradually became interested in his investment skills.

To obtain more so-called “inside information,” Mr. Wang eventually transferred 150,000 yuan into a so-called “core group.”

In this group, the influencer clearly told members which stocks to buy and when to buy them. However, this so-called “precise stock recommendations” did not bring Mr. Wang any profits—in fact, he suffered frequent losses.

Many other investors were also victimized. From August 2024 to February 2025, the Beijing Securities Regulatory Bureau received over 40 reports related to the “Beijing wealthy young man.”

The investigation quickly revealed that this influencer’s so-called “investment guidance” lacked any securities industry qualifications. Moreover, his luxury cars and mansions were rented, and his “wealthy second-generation” identity was entirely self-packaged. The police ultimately found that about 400 to 500 victims across the country had been involved, with case amounts exceeding 10 million yuan.

In October 2025, the Chaoyang District People’s Court in Beijing sentenced Wang to two years and six months in prison for illegal business operations and fined 15 million yuan.

Fake “Financial Influencers” posting to mislead investors

Profited over 40 million yuan

Besides the “packaged stock gods” illegally recommending stocks, there is another type of “black mouth big V” on the internet. They leverage their influence to carry out precise market harvesting.

On a certain investment community platform, an account named “Jin Hong” with 100,000 followers was once considered a “barometer” by many investors. A single article could garner millions of views; recommending a stock could quickly trigger a herd buying response.

Zhejiang Securities Regulatory Bureau investigators: According to reports and complaints from investors, after investigation, it was found that within just half a year, the individual illegally profited over 40 million yuan, with the initial principal possibly only a few million yuan.

Regulatory authorities retrieved posting records from the platform and trading data from securities accounts, comparing thousands of posts and tens of thousands of transactions.

Further investigation showed that his operation followed a clear pattern: first selecting small- and mid-cap low-priced stocks, then combining market hot topics for “packaged” interpretations, posting across multiple platforms to attract attention; when many investors followed suit and bought in, pushing the stock prices up, the individual would then sell off in bulk on the same or next day to realize quick profits. Some follow-on investors were forced to buy at high prices, suffering losses.

Zhejiang Securities Regulatory Bureau investigators: Based on his trading and posting behaviors, he significantly impacted investors and affected the trading prices and volumes of related stocks, effectively misleading investors.

From September 2024 to April 2025, “Jin Hong” published over 170 stock recommendation posts, manipulating 32 stocks. Shortly after these posts, the stock prices and trading volumes of these stocks showed obvious abnormal fluctuations, with large reverse sales totaling over 600 million yuan.

On December 31, 2025, the Zhejiang Securities Regulatory Bureau determined that he engaged in typical “hats” manipulation, confiscated illegal gains, and imposed fines totaling over 83 million yuan. Additionally, a three-year securities market ban was enforced. The platform also took measures to suspend the involved accounts.

(Source: CCTV Finance)