Manager Responsible for 8 P2P Lenders in China Disappears

Fang Fan has reportedly disappeared leaving investors unable to withdraw their funds from eight P2P lending platforms managed by Fan and controlled by Beijing Qiyuan Fortune Network Technology Co. in China; the platforms’ investors are now unable to withdraw over 1 billion yuan ($145 million) in funds; platforms operated by Fang Fan included cmtouzi.com, naipinglicai.com, zaodianlicai.com, wanerjialicai.com, qianguan360.com, lexinglicai.com, xjinfu.com and huoniu360.com; cmtouzi.com continues to operate with a plan to provide investment withdrawals for investors.  Source

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