JYS Group Collapse: $180 Million Investment Lost After Company’s Sudden Failure

The Chinese investment firm, JYS Group, has collapsed following a failed fundraising effort of around $180 million. This abrupt downfall has left thousands of investors facing significant financial losses and prompted an investigation by authorities in Shenzhen, China. 6% to 9% return rates promised by the company have been blamed for attracting a large number of investors.