Man Sells Family Fortune To Play MMO, Then Claims He Was Robbed

A Chinese man in the northern Shandong province of China sold off 38 kilograms worth of gold bars to fund his online gaming habit, in order to explain why the family fortune was suddenly missing he went to the police to report that he was robbed. Midday on July 30th, the man, surnamed Yan, reported to police that he had been robbed of 6 million yuan ($941,706 US) worth of gold. When police arrived at the scene the only fingerprints to be found were that of the Yan. Suspicious of the Yan's claims police scoured local cctv cameras and found out that Yan never visited a bank that could handle transactions in gold.

After detaining Yan and talking to his family the police revealed the plot. The Yan's uncle, a Mr Zhong, had invested in 38 kg worth of gold bars a year ago and passed it onto his nephew for safekeeping. Mr Zhong then contacted Yan in early July asking him to sell some of the bars because he needed cash. Unable to come up with cash the nephew reported a false robbery.

So what exactly happened to the money? During the year that the gold was under the care of the nephew, he had systematically withdrawn the gold, exchanged it for cash, and spent said cash on an online game in China. He had spent all the money trying to purchase a set of "legendary" in game equipment.

Yan is currently in jail awaiting judgment on his crimes of both stealing and filing a false police report.

男子玩网游花掉38公斤金条 报警谎称被盗600万 [Tencent]

(Top photo: Michael zentilia | Shutterstock)


    I find that price for that amount of gold very strange, since the price quoted there for 38kg's of gold is less than half of what it would be worth right this very minute.

    and I am pretty sure gold hasn't jumped that much in price since last year.

    pawn shop value maybe?

      But he went to the bank D=

    if you're paying $941,706 to play an MMO....YOU'RE DOING IT WROOOOOOONG!!!

    Meanwhile EA attempt to sign Yan up to the Old Republic to test out new online store.

    if by "legendary" in game equipment they are referring to Shaiya, he got ripped! at that rate, he could have bought "Goddess" equipment with better stats :) *sarcasm*

Join the discussion!

Trending Stories Right Now