Core Viewpoint - The article discusses the disappearance of Wang Zhi, the director of Beijing Qunyi Law Firm, who allegedly engaged in illegal fundraising activities through high-interest loans and family legal service contracts, leading to significant financial losses for investors [1][9]. Group 1: Company Operations - Wang Zhi utilized a "litigation preservation" business model to attract funds from the public, promising monthly returns and using lottery incentives to encourage further investments [1][4]. - The law firm was structured with a marketing department that solicited funds from investors while lawyers handled legal cases, indicating a separation of roles within the firm [2][4]. - The firm claimed to have engaged in 43 litigation preservation cases in the first half of 2023, involving over 800 million yuan in assets and cash guarantees exceeding 170 million yuan [5][6]. Group 2: Financial Details - Initial interest rates for investments were around 12% in 2013, increasing to 16%-20% by 2017, but dropped to 11% by March 2025 [4][5]. - Investors reported a total of over 900 million yuan in outstanding loans, with many victims being elderly individuals who were misled by the firm's operations [9][10]. - The law firm had a significant number of clients, with estimates suggesting that there were between 600 to 700 investors involved, many of whom were unaware of the risks [8][9]. Group 3: Legal Implications - Legal experts suggest that Wang Zhi's actions may constitute illegal public fundraising or investment fraud, depending on whether he intended to misappropriate the funds [13]. - If convicted of illegal fundraising, Wang Zhi could face over 10 years in prison, while charges of investment fraud could lead to sentences ranging from 7 years to life imprisonment [13].