This Fangyuan Foundation was created by a woman named Fang Rangcui from Shaanxi using an online platform. It is claimed to be a foundation approved by the Ministry of Civil Affairs. Its purpose is to unfreeze assets and give hundreds of millions to members in the name of building a middle class and national cause.

Distributions of tens of thousands or even tens of millions are used to induce members to keep paying and claiming orders to cheat money.

So far, members have been lured to pay 89 yuan for the membership fee, 101 yuan for the pension and medical insurance declaration fee, 200 yuan for the tax declaration fee for the 20,000 to 30,000 yuan leadership reward, and 50 yuan for the housing subsidy declaration fee.

Raise and pay the crowdfunding reward application fee ranging from 200 to 2,000.

Recently, members have been asked to report a 100-yuan fee for purchasing badges produced by the Ministry of Civil Affairs for the Fangyuan Foundation. Later, they may also ask members to report a chip data entry fee, etc., until they can no longer be deceived and run away.

By the beginning of September, each member had been defrauded of more than 200 yuan, and each member group organizer had been defrauded of at least more than 1,000 yuan.

It has recruited one million members and is constantly connecting and expanding its membership team.