I don't believe it even if I beat her to death. A woman can actually cheat billions of dollars by herself! Ren Xiaomin, the national sales champion of Taikang Life Insurance Qingdao Branch, has been arrested by the police after being exposed for a Ponzi scheme worth 300-400 million yuan. At the age of 38, with a performance of 29 million yuan in standard insurance, he topped the national sales chart and was elected as the president of Century Holy Scripture Personal Insurance; Involved 30-40 victims, all high net worth clients and company colleagues, with an average loss of nearly ten million yuan per person. The details of the crazy scam are too explosive: Promise daily interest rate of 1% -2%, maximum monthly interest rate of 45%, and an annualized rate of up to 540%; Falsifying Taikang's official seal, borrowing company premises to sign contracts, hiring people to impersonate the financial director's platform, borrowing new and repaying old under the guise of performance. Until a fund of 150 million completely explodes and cannot be redeemed, She actually spoke arrogantly: If it's a big deal, go cheat some money to pay back! This case, on the surface, appears to be a case of a person who is insane for the sake of performance. In fact, it is a black hole in the management of insurance companies: they crazily create top agents to compete for scale, tacitly approve fraudulent activities, condone illegal arbitrage, and make internal control and risk control virtually non-existent. ⚠️ Hardcore Reminder: An annualized rate far exceeding 10% is all a Ponzi trap! Don't blindly believe in the halo of sales, don't smuggle accounts, don't be greedy for high profits, only recognize legitimate corporate contracts!