On the morning of June 265438+1October 2 1, the listed company "5 1 credit card" (205 1. HK) was raided by the police at Xixigu International Business Center, No.80 Xia Zi Street, Xihu District, Hangzhou. 5 1 Credit card CEO Sun Haitao was taken away yesterday to assist in the investigation.

According to the insider at the scene, about 12 police cars were parked downstairs of "5 1 swipe card", including 4 buses, 1 special police bus 1 car, and about 100 policemen came to the door.

As of September 30th, 20 19, the balance of personal loans of 5 1 is RMB 10734 million, with 209,300 borrowers and the initial investment of15.77 million. This is a matter of life and death for 200,000 people. I think the regulator will handle this matter carefully.

If it's no big deal, the probability of success is greater. However, the sudden arrival of the police 5 1 credit card must have given investors a great warning. Information is always asymmetric. As an outsider, it is difficult to thoroughly understand all the risk points of a platform.

In a word, 5 1 credit card has various problems, so it should be carefully considered when purchasing.