According to Tianyan, Hangzhou Fuyuan investment is a trap. From February 20 13 to March 20 19, Hangzhou Fuyuan Investment engaged in illegal absorption of public deposits and fund-raising fraud activities without the approval of relevant state departments and without obtaining a financial business license. Taking beauty salons and Jiangsu Yunran Biotechnology Co., Ltd. as platforms, they used high interest income or giving beauty salon services and products as bait to promote equity investment, contract cards, invalid refunds, return training and other projects through word of mouth and investment fairs, illegally absorbing more than 654.38 billion yuan from the public and employees, paying more than 200 million yuan and losing more than 800 million yuan.