In China, any form of fraud, including the establishment of false projects on crowdfunding platforms to defraud investors of funds, is illegal and will be severely sanctioned by law. The relevant state departments have strict supervision and crackdown mechanisms for such criminal acts, and once discovered, they will be held accountable in accordance with the law. We call on the masses to consciously abide by laws and regulations, and maintain a good online order and social integrity system. At the same time, investors should be vigilant and invest through formal channels to ensure that their rights and interests are not infringed. For any suspicious crowdfunding projects, they should be reported to the relevant departments in a timely manner to jointly create a fair and honest online environment.