On October 16, Luobo Kuaipao released a statement highlighting that certain wrongdoers were exploiting its name, along with that of Baidu Group, to engage in unlawful and criminal acts. Lately, the company has been alerted to the fact that some individuals have constructed counterfeit websites and set up so-called "welfare groups" and "project teams". These groups and teams are masquerading as legitimate entities to conduct fraudulent activities under the guise of "equity transactions", "site agency services", "vehicle leasing", "investment funds", and other similar schemes. Such deceptive practices have not only tarnished Luobo Kuaipao's brand reputation but also posed a direct threat to the financial security of the general public. The company has swiftly reported these pertinent clues to the public security departments.