{"id":18101,"date":"2025-08-17T23:08:48","date_gmt":"2025-08-17T15:08:48","guid":{"rendered":"https:\/\/www.comparehero.my\/blog\/uncategorized\/fitness-enthusiast-splurges-rm500k-on-300-year-gym-membership-owner-runs-off-with-cash.html"},"modified":"2026-03-26T15:59:23","modified_gmt":"2026-03-26T07:59:23","slug":"fitness-enthusiast-splurges-rm500k-on-300-year-gym-membership-owner-runs-off-with-cash","status":"publish","type":"post","link":"https:\/\/www.comparehero.my\/blog\/financial-safety\/fitness-enthusiast-splurges-rm500k-on-300-year-gym-membership-owner-runs-off-with-cash.html","title":{"rendered":"Fitness Enthusiast Splurges RM500k on \u201c300-Year\u201d Gym Membership, Owner Runs Off With Cash!"},"content":{"rendered":"\n

(Source: <\/span>South China Morning Post<\/a> | 123rf)<\/span><\/p>\n

You have to see it to believe it, and then pause and laugh and sigh all at once. Meet Jin, a devoted gym-goer from eastern China who has been faithfully pumping iron at Ranyan Gym in Hangzhou for 3 years. <\/p>\n

On 9th May 2025, a friendly (or too-friendly) sales executive approached him with a special \u201cpromotion\u201d for loyal customers. The pitch was wild enough to make your jaw drop: for 8,888 yuan (RM5,228) he could grab a 1 year membership card, which the gym promised to resell to a new member for 16,666 yuan (RM9,804). He would get 90% of the profit, the gym kept just 10% and if the card went unsold in 2 months the gym would refund every yuan. Jin was skeptical but intrigued. A couple of those cards cost him just over 17,000 yuan (RM10,000) and he thought maybe, just maybe, he was onto something clever.<\/p>\n

\u201cIn my eyes, it was a kind of commitment to health\u201d<\/span><\/strong><\/h2>\n

Fast forward to 9th July, and Jin had swiped 26 contracts, shelled out a whopping 871,273 yuan, that is more than RM512,542, and bought around 1,200 lessons and membership cards that added up to a cumulative validity of a staggering 300 years. <\/p>\n

\u201cFrom 10th May 10 to 9th July, I bought about 1,200 lessons and membership cards with an accumulative validity period of 300 years, at a total cost of 871,273 yuan,\u201d Jin said, as quoted by<\/span> <\/span>South China Morning Post<\/span><\/a>.<\/span><\/p>\n

Yes 300 years, which, to be fair, he never seriously planned to use. In his own words it was \u201cinvestment in health\u201d, not a literal immortality plan.<\/p>\n

They literally disappeared<\/strong><\/h2>\n

Then mid-July rolled around and nothing happened. No sales, no refunds, not a single yuan came back. A sales executive claimed the finance department was reviewing things. By the end of July a massive red flag flew. Management, sales team, even the owner had vanished.<\/strong><\/p>\n

Jin went on to seek the help of a television station, <\/span>Zhejiang TV, to expose Ranyan Gym. Jin showed the station 26 contracts he signed with the gym.<\/span> <\/strong>The TV station found that the gym was still open but only staffed by receptionists and admin folks, no one who could explain a thing. Only then did Jin fully realise the promotion was a scam. A crucial little detail was that none of the contracts mentioned promised returns, and all memberships were strictly non-transferable. His optimism was based on nothing but hot air.<\/p>\n

\u201cI admit I have been brainwashed by them, because I believed I was only one small step away from getting back all my money,\u201d Jin told the TV station. He\u2019s filed a police report, is pursuing a lawsuit, and has asked the TV station to help him shine light on the scam.<\/p>\n

This bizarre saga reminds us all that when an offer sounds too good to be true especially in investments or \u201chealth commitments\u201d you may wanna pump the brakes and triple-check the fine print.<\/p>\n","protected":false},"excerpt":{"rendered":"

(Source: South China Morning Post | 123rf)<\/p>\n","protected":false},"author":268230141,"featured_media":146,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[432],"tags":[],"class_list":["post-18101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-safety"],"yoast_head":"\nFitness Enthusiast Splurges RM500k on \u201c300-Year\u201d Gym Membership, Owner Runs Off With Cash! 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