In April 2026, I downloaded the Jinrong China APP through false Baidu advertisements that promoted "legitimate platform, high returns, stable profits from bidirectional trading\" to induce account opening and deposits. After depositing funds, I encountered: 1. Malicious slippage + platform freezing: The APP lags, disconnects during market volatility, unable to close positions; quotes at the same time severely deviate from international gold prices, artificially manipulating market data. 2. Inducing heavy positions + bonus schemes: Using \"coupons, bonuses" to induce continuous deposits, cumulative losses amounted to 26,000 yuan. 3. Unjustified account lock + withdrawal prohibition: After losses, the account was directly locked, unable to log in or withdraw funds, customer service lost contact and blocked communication channels. 4. Funds flow to personal accounts: All deposits were transferred to private accounts, without bank supervision, suspected of illegal absorption of public deposits.