Archive · 18 Aug 2025
Chinese Man Loses $120K in Gym Membership Scam
A man in China bought a very long gym membership, thinking it would make him money.
A salesperson at his gym offered him a deal to buy memberships and sell them for a profit.
He signed many contracts.
He spent a lot of money.
However, he did not get any money back.
When he went back to the gym, the owner and sales staff were gone.
It turned out the contracts didn't guarantee any profits.
Now the man realizes he was scammed.
A Chinese man invested 871,273 yuan (about $120,000) in a 300-year gym membership.
He signed 26 contracts between May and July, purchasing 1,200 lessons and memberships.
The gym owner offered a promotional deal to resell memberships for profit.
The man was promised a share of the markup and a refund if the cards weren't sold.
The gym's management and sales team became unreachable, and the owner fled.
- Who
- A man named Jin and the owner of Ranyan Gym.
- What
- A man was scammed after investing in a 300-year gym membership.
- When
- Between May and July, contracts were signed.
- Where
- Hangzhou, China, at Ranyan Gym.
- Why
- The gym owner offered a deal to resell memberships that was a scam.
Victim
Gym Owner
Scam Operation
Victim
The victim was brainwashed by the sales executive to invest in the scam.
Gym Owner
The scammer took advantage of the victim and vanished after getting the money.
- Victim
- Jin
- Investment
- 871,273 yuan (about $120,000)
- Membership Length
- 300 years
- Contracts Signed
- 26
- Lessons/Memberships Purchased
- 1,200
- Gym Name
- Ranyan Gym
- Location
- Hangzhou, Binjiang District