Weidai.com is a mortgage lending service company that mainly engages in online lending business. It was founded by Yao Hong in Hangzhou in July 2011. In 2018, it was launched in the United States. The good times did not last long, and in 2020, Weidai.com was placed under investigation. He was suspected of illegally absorbing public deposits and was investigated by Hangzhou police. P2P refers to peer-to-peer, face-to-face online lending. It is a private small-amount lending model that gathers people's small funds to lend to people in need of funds. It is convenient and fast and is a type of Internet financial product. For p2p, its own policies are very good. However, many companies use this model as a form of fraud. There are many reasons why someone would take the bait.

First of all, as an emerging financial model, p2p supervision is insufficient. According to the existing policies, the supervision of relevant government departments is in name only, and the sanctions against P2P platforms are insufficient. This has led to some P2P platforms to unscrupulously absorb people's deposits and use high interest as bait, and when appropriate, time to run away. In this regard, the state can increase supervision and penalties on online financial activities.

Secondly, the public does not know enough about p2p. For many people, most people do not know how p2p works, and most of them are attracted by the high interest rates. For some people who are aware of the risks of p2p, they also think that they can obtain a certain amount of interest from the platform before it runs away. In this way, p2p can be maintained for a longer period of time, resulting in more people being deceived. In this regard, we can popularize relevant knowledge about p2p and popularize science among the public.

Finally, p2p has not started for a long time. For this, many companies do not have much experience to manage the company well. For some companies, they have no industrial support from the beginning and just want to make money and run away. For some companies, they want to do well in this industry, but due to lack of experience, poor management and other reasons, they have also embarked on the road of running away. In this regard, companies should proceed steadily and run the company step by step, instead of taking too big a step and causing the company to go bankrupt.