At the end of 2017,Chen Wenjie set up many investment companies,while the legal man of which was not him.He was just an ordinary staff,such as technical administrator.He had many identities in Guangzhou.In 2018,his company was more than 5 in Guangzhou,with 200 staff,defrauding more than 20 million US dollars yearly.All fund would transferred into private accounts in Hong Kong or converted into cash.The amount of fund transferred overseas was about 0.1 billion RMB at a rough estimation.The 5 companies were in Guangzhou,2 of which were in Tianhe,Guangzhou. Address of Domestic Crime Company (1): Room 1608, Metropolis Plaza, Tianhe District, Guangzhou (20-30 people) Company Name: Guangdong Dawenqi Artificial Intelligence Technology Co., Ltd. Company alias: Wave Zhitou R&D Center IOS/Android: Bolangzhitou Website: https://wavehk.cn/ The fraud is including Web page design,set of fake trading,framework,payment,fund transference,waving fake trading data,and manipulating clients’ profit and loss record.