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In 2018, Lu invested 300million RMB in to a P2P investing platform called Aiqianbang, and acted as CEO of the company for only 16 days. During his 16days' work, he used his personal reputation and aroused a huge amount of money to the platform, which led to a fraud of massive investors. He rejected to take the responsibility of the investors' loss and escaped from China to US immediately. Because of his good relation with Chinese authorities, for him personally there were no consequences, and all the investors are still waiting for the solution of the police but with his disappearance. [1]
In 2020, Lu was a lead investor in the over $600 million acquisition of Grindr from Beijing Kunlun Tech Co.[2][3] This transaction came about as a result of the decision by CFIUS to compel the owner of Grindr, a Shenzhen-listed Chinese company, to sell the company to US interests.[4]
Anonymous user LeeJohn1994 (talk) 09:25, 17 July 2022 (UTC)[reply]
Not done: please provide reliable sources that support the change you want to be made. The sohu.com source does not link to any story in particular. The other sources do not mention Lu. ScottishFinnishRadish (talk) 10:13, 17 July 2022 (UTC)[reply]
Not done: please provide reliable sources that support the change you want to be made. The sohu.com source does not link to any story in particular. The other sources do not mention Lu. ScottishFinnishRadish (talk) 10:13, 17 July 2022 (UTC)