In reality, there are many reasons for the problems of private equity funds, including lax internal control, lack of third-party supervision, greed of management team, excessive GP rights, and LP's neglect of the exercise of rights. These are the superficial and formal reasons for the problem. The real problem is that the capital chain of private equity funds is broken, and it is impossible to pay high interest, which leads to the relevant responsible persons running away, and related problems arise. The investigation by the public security organs found that the main reason for the break of the capital chain was that private equity firms fabricated some false and nonexistent projects to attract investors' investment. However, when it comes to paying high interest, there is no source of funds. As for fund disputes, I heard that Mr. Xu, a lawyer in Shanghai, is a professional in this field in China. He has handled many such problems.