「深圳爆百亿黄金骗局，上千投资者维权与警冲突（2026.01.27)」2026年1月27日下午，中国最大的黄金珠宝集散地——深圳水贝，爆发一起大规模投资者维权事件。上千名来自中国各地的投资者聚集在水贝街头，要求兑付本金及实物黄金。抗议一度升级为肢体冲突，多名维权投资者被公安强行抓走。
此次爆雷的杰我睿珠宝及其关联小程序“龙冶金”“金城金世界”，自1月19日起陆续出现兑付停滞。据受害者自发统计，事件波及人数或超过15万人，涉案金额巨大，民间估算高达133亿元人民币。据悉，该公司原本从事传统黄金贸易，后转而经营一种名为“预定价”的变相期货业务，允许用户以极低保证金参与高倍杠杆交易。这种本质上属于非法“私盘”的对赌模式，在金价剧烈波动、资金链断裂后彻底崩盘。
此外，杰我睿还以“免工费”“高价回收”等活动为诱饵，在明知自身已无结款能力的情况下，仍在小红书等社交媒体上大肆宣传，诱导客户将黄金、白银寄送至其线下门店。在实物贵金属被收取后，公司随即以各种理由拖延甚至拒不汇款，随后彻底失联。
自1月20日起，投资者们陆续聚集到水贝，希望能拿回投资款。一些人甚至在寒冬中露宿街头，现场景象令人唏嘘。尽管事态不断恶化，杰我睿实际控制人张志腾在其发布的视频中态度依旧强硬。他一方面公开宣称自己“没有跑路”，并将责任归咎于银行卡被冻结；另一方面却在私下言论中蔑视投资者，声称资金早已分散在亲戚名下账户，不惧法律起诉，甚至扬言：“慢慢耗着，谁耗得过谁。”
与此同时，当地公安部门以“经济纠纷”为由迟迟未予立案。在长达一周的时间内，张志腾并未被采取任何强制措施。同时，当地政府希望投资者接受杰我睿提出的“两折回购”等极不合理的兑付方案，但遭到投资者们抵制，一些维权者因拒绝“配合”而遭到抓捕。对此，有网友愤怒质疑：“跑路的成本也太低了吧？欠这么多人、这么大的金额，老板却可以照样自由出入，什么事都没有。”
据多名现场目击者透露，1月27日当天，公安明显偏袒杰我睿一方，并因此引发了冲突，导致多名投资人被当场抓走甚至殴打。还有部分投资者仅因掏出手机记录现场情况，便被公安人员粗暴抓捕。
1月28日，深圳市罗湖区官方发布情况通报，确认杰我睿公司经营异常，并已成立工作专班介入处理。然而，面对早已人去楼空的线下门店以及疑似被转移的资产，十余万受害家庭的血汗钱能否追回，仍是巨大悬念。目前，该事件仍在持续发酵中。
Hundred-Billion-Yuan Gold Scam Erupts in Shenzhen, Thousands of Investors Clash with Police While Defending Their Rights (2026.01.27)
On the afternoon of January 27, 2026, a large-scale investor rights defense incident broke out in Shuibei, Shenzhen—the largest gold and jewelry trading hub in China. Thousands of investors from across the country gathered on the streets of Shuibei, demanding the redemption of their principal and the delivery of physical gold. The protest at one point escalated into physical confrontations, with multiple investors forcibly detained by police.
The collapse involves Jie Wo Rui Jewelry and its affiliated mini-programs, “Longye Gold” and “Jincheng Golden World,” which began experiencing redemption freezes starting January 19. According to victims’ own collective estimates, the number of people affected may exceed 150,000, with losses reaching an enormous scale—unofficial estimates place the total amount involved at as much as 13.3 billion RMB. It is reported that the company originally engaged in traditional gold trading before shifting to a so-called “pre-priced” business, a disguised futures operation that allowed users to participate in high-leverage trading with extremely low margin requirements. This model—essentially an illegal off-exchange “private market” betting scheme—collapsed completely amid sharp gold price fluctuations and a breakdown of the capital chain.
In addition, Jie Wo Rui used promotions such as “zero processing fees” and “high-price buybacks” as bait. Despite knowing it no longer had the ability to settle payments, the company continued aggressive promotion on social media platforms such as Xiaohongshu, inducing customers to mail gold and silver to its offline stores. After taking possession of the physical precious metals, the company delayed or outright refused payments under various pretexts, and then ultimately disappeared.
Beginning January 20, investors gradually converged on Shuibei in hopes of recovering their funds. Some even slept on the streets in the freezing winter, creating scenes that were deeply distressing. Despite the worsening situation, Zhang Zhiteng—the de facto controller of Jie Wo Rui—maintained a tough stance in videos he released. On the one hand, he publicly claimed he had “not fled” and blamed the situation on frozen bank cards; on the other, he reportedly mocked investors in private remarks, stating that funds had already been dispersed into accounts under relatives’ names, that he was not afraid of legal action, and even taunted: “Let’s drag it out—who can outlast whom.”
Meanwhile, local police delayed formally opening a case, citing the matter as an “economic dispute.” For more than a week, Zhang Zhiteng was not subjected to any coercive measures. At the same time, local authorities sought to persuade investors to accept highly unreasonable repayment proposals put forward by Jie Wo Rui, such as a “20% buyback,” which investors firmly rejected. Some rights defenders were detained for refusing to “cooperate.” In response, netizens angrily questioned: “Isn’t the cost of running away far too low? Owing so many people such a huge amount, yet the boss can still come and go freely as if nothing happened?”
According to multiple eyewitnesses on the scene, police on January 27 appeared to side with Jie Wo Rui, triggering clashes that led to several investors being detained or even beaten. Some investors were reportedly arrested simply for taking out their phones to record what was happening.
On January 28, the Luohu District government of Shenzhen released an official statement confirming abnormal operations at Jie Wo Rui and announcing the establishment of a special task force to intervene. However, with offline stores already abandoned and assets suspected to have been transferred, whether the hard-earned savings of more than 100,000 affected families can be recovered remains a major unanswered question. The incident continues to unfold.