AXA Fund is illegal. Case: AXA fund scam 2065438+In June 2009, 263 policyholders publicly complained about the blood loss of an AXA investment-linked insurance they bought. These victims include housewives, retirees, middle and high-level people in society, etc. The maximum single loss is 20 million, and the minimum is about 200,000. The fraud group first took control of a Hong Kong insurance brokerage company and set up an investment fund in the Cayman Islands. Then 10 Many insurance brokers lobbied 263 victims, bought AXA Linked Insurance, and finally invested in this fund. The endorsement of AXA, the global insurance giant, and the misleading publicity of 9%- 12% annual income made the insured mistakenly think that this fund was "a sure profit without loss". Under the careful layout of the swindler, the insured is like a lamb to be slaughtered, and has ushered in a ruthless harvest. After a year's investigation, the Hong Kong police finally arrested 13 male 1 1 female for conspiracy to defraud and money laundering, and cracked a fraud case of HK$ 475 million.

So AXA Fund is illegal.

From this case, we should learn several lessons from financial management:

1. Buying a fund may have high returns or huge losses, and the insured needs to bear the consequences. If you don't know, blindly investing in investment-linked insurance can easily become a "leek". Generally speaking, funds are more suitable for friends who pursue high returns and can take high risks. Moreover, there are also sales in the mainland, so there is no need to go further and further.

2. This fund is a very niche product. In fact, most insurance returns are very stable. Then, if you can't bear the risk of the fund, what insurance do you have to manage your money? We summed it up and divided it into four types. These four kinds of insurance are not absolutely good or bad, and are suitable for different people.

(1) If you want to be an education fund or a pension, you can choose annuity insurance and get your money back in the agreed year.

(2) If you just want spare money for financial management, universal insurance is recommended. At present, the income of 3%-5% is already very good, and you can add and withdraw funds at any time.

3. If you want to leave money for your children, it is suggested to increase the insurance coverage in whole life insurance. After the age of 100, wealth will be automatically passed on to the beneficiaries; If you need money urgently, you can also withdraw it in advance.

If you pursue high returns: investment-linked insurance is similar to "investment fund", you can get high returns when the stock market is good, but you may also lose money.

Don't touch wealth management products you don't understand casually, or you don't know where to complain if you lose money.