Chinese man spends US$120,000 on 300-year gym membership, then owner vanishes

Chinese man spends US$120,000 on 300-year gym membership, then owner vanishes

Scammed fitness fanatic says money spent was an ‘investment in health’, admits he was taken in by sales staff spiel.

Chinese man spends $120,000 on 300-year gym membership, left stunned as management disappears

Quick Summary A Chinese man lost $120,000 after buying 300 years’ worth of gym membership and lessons under the promise of resale profits. The gym’s management vanished, leaving him with unusable contracts and little legal recourse. The case highlights the risks of long-term prepayment schemes and the importance of written agreements. The unbelievable case of a lifetime and beyond membership gone wrong In one of China’s more baffling consumer fr…