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What problems should we pay attention to when managing money on behalf of customers? How to prevent being cheated and risk?
You can go to Baidu Encyclopedia and search for "financial management on behalf of customers".

The following text comes from Baidu Encyclopedia.

Note 1: At present, many institutions or individuals operating under the banner of "financing on behalf of customers" in the market, some of which are not qualified for financing on behalf of customers. Before deciding to hand over the funds to the other party for operation, it is best to confirm the qualifications of the other party, such as the company's business license (company) or securities/insurance/futures qualification certificate or the certificate of passing the college exam (individual).

Note 2: According to the law, securities companies (such as orient securities) and consulting companies (such as Yibang Investment) cannot agree on the share with customers, nor can they promise to guarantee the income. Therefore, if you encounter such a situation, you can conclude that it is a fraudulent company or a company that violates regulations, and you can complain to the local regulatory authorities.

Note 3: Keep in mind the principle that "the stock/futures/foreign exchange market is risky, so be cautious when entering the market". In addition to the guaranteed financial products of banks and insurance companies, risks in financial markets are everywhere. Before determining financial institutions (such as private equity funds) or individuals (individuals with professional qualifications), we must communicate with them in detail and fully understand their investment direction, investment style and possible income/risk ratio before making a decision.

Note 4: There are a large number of financial institutions or individuals on behalf of customers in the market, some of which are truly reliable, and some of them use this method for illegal operation and fraud. Please keep your eyes open. Don't be tempted by such sensitive words as "daily limit, inside information and short-term profit".

But I also want to remind you that the most effective way to prevent risks is on-the-spot investigation. By participating in various investment and financing meetings and communicating with various investment enterprises, you can see clearly whether each institution is reliable.