Archive · 14 Aug 2025
Man Duped by Gym After Paying Over Rs 1 Crore for Membership
A man in China was tricked by his gym.
He paid a lot of money for a very long-term membership and lessons, and he was promised that he could earn money by the gym reselling his membership.
The gym owners disappeared with the money, and the man lost it.
The contracts didn't guarantee any profits.
It was a trick, and he lost a lot of money.
A man in China was defrauded by a gym after spending over Rs 1 crore.
The man bought memberships and training sessions for a supposed 300-year duration.
A salesperson promised high returns by reselling the memberships.
The gym's management and sales staff disappeared after the man invested.
The contracts did not include clauses about the promised returns.
- Who
- A man named Jin was the victim of Ranyan Gym.
- What
- A man was defrauded by a gym after spending over Rs 1 crore on memberships.
- When
- From May 10 to July 9, the man made purchases.
- Where
- Hangzhou, Zhejiang province, China.
- Why
- The gym management and staff disappeared, seemingly to defraud investors.
Victim
Perpetrator
Financial Loss
Victim
Victim lost a substantial amount of money due to fraud.
Perpetrator
Gym management likely knew their actions were illegal.
- Victim
- Jin
- Gym Name
- Ranyan Gym
- Location
- Hangzhou, Zhejiang province, China
- Total Spent
- Over Rs 1 crore
- Membership Duration
- 300 years
- Contracts
- 26