1.
Investment and wealth management companies have been targeting fraud since their inception. The original intention of the investment and wealth management company to go online is purely to make money, and how long it can last. These investment and wealth management companies fabricate various qualifications, take extremely high yield as bait, and constantly absorb funds by borrowing new ones and returning old ones, and disappear when the expected amount is reached or the follow-up funds are unsustainable. After attracting users to invest, it can be predicted that only a small part of the money will be left to meet the demand for cash withdrawal. Once the remaining money enters the investment and wealth management company, it will be transferred through other channels immediately. Finally, even if people are caught, the money can't be recovered.
2.
Cash withdrawal from difficult investment and wealth management companies.
3.
Poorly managed failed investment and wealth management companies