When Ezubo was named "online credit financial brand of the year" by China's National Business Daily in 2015, Jiang was comforted.
The 60-year-old investor, who asked that CNBC not use her full name, had been reluctant at first to put money into the fast-growing, Anhui-based peer-to-peer (P2P) lender.
"I had doubts at the beginning," Jiang said. "[But] many of my friends and their families had invested in Ezubo. I saw the company's advertisements and awards on China's state media and other channels, so I thought it was real."
Instead, Ezubo was allegedly running the largest online fraud yet seen in China.
Jiang, who invested 150,000 RMB ($22,800) in Ezubo in mid-2015, just a year after the company launched, is one of more than 900,000 private investors apparently scammed by the company.