Shenzhen University alumnus Zhang Yufeng is suspected of fraud after falsely donating 50 million, with multiple victims reporting to the police
ChainCatcher news, according to Wu's interview with senior Huang Yifeng about Zhang Yufeng, who was previously reported by multiple media outlets to have donated 50 million to Shenzhen University just a year after graduation. It was later revealed that Zhang Yufeng had a heavily fabricated resume, did not actually make the donation, did not graduate normally, was in debt from online loans, and even forged an identity as an FTX employee. Additionally, after gaining the trust of alumni through fraudulent donations, Zhang Yufeng has frequently asked acquaintances for money in the past year under the guise of investing in "projects," failing to return the money on time after the agreed period, leading several victims to report him to the police.Huang Yifeng stated, "Zhang Yufeng claims to have some cryptocurrency projects that can double in a few months. After friends invested, Zhang Yufeng started to default and came up with many absurd excuses, such as being hospitalized in Hong Kong. After several victims reported him to the police, Zhang Yufeng's parents, who run a printing factory in Dongguan, helped repay part of the debt. Zhang Yufeng's rental at Shenzhen Bay No. 1 was warned due to unpaid rent. Zhang Yufeng even defaulted on an online loan of 6,000 yuan."