Scandal hits China’s star health care crowdfunding site Waterdrop


Undercover report finds staff signing up patients to fill quotas, exaggerating their stories and failing to check financial details. Founder Shen Peng apologises, suspends service team and launches investigation. — SCMP

A health care crowdfunding and online insurance sales platform in China apologised on Dec 5 after a series of scandals were exposed in an undercover media report.

The founder of Waterdrop – known as Shuidi in Chinese – Shen Peng, 32, also announced the suspension of the company’s offline service team and an in-depth investigation into the claims made by online media platform Pear Video on Saturday.

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