Is CreditEase Microfinance Company suspected of fraud?

These companies are equivalent to the spin-off of a company, some are responsible for recommending customers, some are responsible for financing, some are responsible for auditing, and some are responsible for collection. I think it is to prepare for listing abroad in the future, and at the same time reduce the risk.

Looking at it now, the creditworthiness model is a legal gray area. Although it is not illegal, the CBRC is very opposed. If CreditEase's bad debts are too high and the capital chain is broken, then the last batch of individuals who invested will be wiped out. It's equivalent to passing a parcel.