北京一律所主任“借款”数亿后失联

Core Viewpoint - The article discusses the fraudulent activities of Wang Zhi, the head of Beijing Qunyi Law Firm, who has been reported missing after allegedly defrauding hundreds of investors, primarily elderly individuals, through a scheme involving high-interest loans and legal service contracts [3][4]. Group 1: Business Model and Operations - Wang Zhi promoted a "litigation preservation" business model, attracting funds from the public by offering high returns and claiming the funds would be used for legal purposes [3][11]. - The law firm operated for over a decade, initially attracting clients through legal education seminars and promoting the idea of having a family legal advisor [6][7]. - The firm had a dual structure with a sales team soliciting investments and lawyers handling legal cases, primarily focused on simple legal matters [7][8]. Group 2: Financial Details and Contracts - The total amount involved in the fraudulent scheme is estimated to exceed 900 million yuan, with many victims investing their life savings [3][6]. - The loan contracts stipulated an annual interest rate of 11%, with penalties for early withdrawal, which discouraged investors from retrieving their funds [8][12]. - The law firm's promotional materials claimed a high operational interest rate of 36% and a gross profit of approximately 59.28 million yuan for the previous year [12]. Group 3: Legal and Ethical Concerns - Legal experts have raised concerns about the legitimacy of the "litigation preservation" model, suggesting it may be a facade for a Ponzi scheme [4][13]. - The law firm’s claims regarding the safety and legality of their operations have been challenged, with experts indicating that legitimate legal processes do not require such funding arrangements [13][14]. - The insurance policy mentioned as a safety net for investors is unrelated to the actual legal services provided, further questioning the firm's ethical practices [14].