Legal analysis: 1. After the intermediary agencies withdraw the provident fund, they may abscond with the money and draw water with a sieve. 2. Illegal withdrawal of provident fund may affect future provident fund loans. Units or individuals who illegally withdraw provident funds and forge, alter or buy or sell official documents, certificates and seals are also suspected of criminal offences. If the circumstances are serious, he may be sentenced to fixed-term imprisonment of more than 3 years 10 years. 3. For individuals who illegally withdraw funds, once they are found, the provident fund management center can recover them according to law, and the "intermediary fee" previously handed over to the intermediary agency will also be wasted.

Legal basis: Article 24 of the Regulations on the Management of Housing Provident Fund, employees can withdraw the storage balance in their housing provident fund accounts in any of the following circumstances: 1, purchase, build, renovate or overhaul their own houses; 2. Repay the principal and interest of the loan for the purchase and construction of owner-occupied housing; 3. Renting self-occupied housing, and the rent exceeds a certain proportion of family wage income; 4. Retired; 5. Go abroad to settle down; 6. The employee dies or is declared dead; 7. Enjoy the urban minimum living guarantee; 8, completely or partially lose the ability to work, and terminate the labor relationship with the unit; 9. Other circumstances stipulated by the CMC in accordance with relevant laws and regulations. The following materials are required to withdraw the housing accumulation fund: 1. If the balance stored in the housing provident fund account is withdrawn, it shall be verified by the unit to which it belongs and a certificate of withdrawal shall be issued. 2. The employee shall apply to the housing provident fund management center for the extraction of housing provident fund with the extraction certificate. The housing provident fund management center shall, within 3 days from the date of accepting the application, make a decision on whether to approve or disapprove the withdrawal, and notify the applicant; 3. If withdrawal is allowed, go through the payment formalities at the entrusted bank.