Once someone is not out of money in the agreed period

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Once someone is not out of money in the agreed period

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Started 10 years ago by aslkHua2

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aslkHua2
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Usury "snowball" type of growth often make it difficult to support the debtor Huang Xin Drawing □ Morning News reporter Yao Keqin He borrowed less than 10 million of money, to be repaid after six months actually 420,000 yuan, lawyer Zhang (not his real name) did not think how, their families and careers ruined ruined by usury. In order to avoid debt collection,karen millen sale, he lost his job, leaving his wife and daughter, hiding during the day in the streets at night in a 24-hour KFC, McDonald's and other fast-food shop overnight, this back and forth over the 5 days of full year. Yesterday, Baoshan District police informed the media, along with the detection of cases of usury to be a criminal gang led by a total of seven members were transferred to the prosecution prosecution. It is the city's first due to loan-sharking and illegal business to pursue criminal cases. Zhang nearly fifty years as a lawyer, his wife laid off less than 2,000 yuan monthly salary, family economic condition is not good. In 2005, he was due to work in urgent need of money, but the family has depleted deposits. Just when he was raising money headache, an advertisement in the newspaper so that he shines. After he and the other contact, to know the other side is designed to do lending business, although interest is high, but Zhang wound or borrowed nearly 10 million. Six months later, several men come to collect debts. Not do not know, be shocked, this debt through the "compound interest", the payments actually as high as 42 million. Zhang Liangshouyitan, said he was not out so much money. Immediately several men scowled: "That our future debt collection door every day." These people said to do,http://store.shopping.yahoo.co.jp/spark-inc/kit-35wu-h4rl-214.html, rain or shine on the ground Zhang knocking home debt collection, kept calling noisy, still in the district put up a poster, the share of the loan contract also between different groups of sharks changed hands many times. Zhang kept shattering debt, but the face of rising in tandem with debt, he is powerless, the jobs are lost. Eventually, Zhang had to leave his wife and daughter to go out to hide debt,http://www.sofmap.com/product_detail/exec/_/sku=11366872/-/gid=SA07060000, did not come home 5 years, the monthly 600 yuan by the sister of aid to survive. His day in the streets at night in a 24-hour KFC, McDonald's and other fast-food shop overnight. But "ran the temple monks stand it", dun still kept harassing his wife, desperation, his wife had to come from the monthly salary laid off three or four hundred dollars for his debts. Baoshan District Public Security Bureau of Economic Investigation Detachment police officer Han Zhang worked in fast-food restaurants have seen, "he ragged, his face Hu ballast,http://210.136.152.85/cgi-bin/aldnet/light/lightbbs.cgi, although sitting 2 meters away from me, but when he spoke, the smell of rotten still taste nostrils. "old sparkle intellectuals became homeless abjection, let Han officers marvel. Dun: beat debt collection lawsuit actually in favor of a full From last year we found clues to March of this year filing, Baoshan Economic Investigation Department investigated the whole year, the initial grasp of the basic situation of gang usury. In order to find out the gangs involved in the scale of the task force traveled all the city districts courts, notaries, real estate trading center,http://www.xn--eck4dzdy45lfpwgk8azsw.net, the inquiry found a civil lawsuit on borrowing seven members of the gang of up to 18 cases, without exception,http://store.shopping.yahoo.co.jp/accessorymart/81113.html, are they to borrower to discuss the principal, and he of the power they have with the registration of more housing units. Surprisingly, due to the loan contract and promissory note are favorable to lenders, the gang hit all 18 cases of debt collection lawsuit actually win. Investigators visited the party to the case, they found a low monthly interest rate borrowing is & nbsp; 7% -8%, higher even reach 13% -15%, the loan term is generally in the range 1 month to 3 months. Once unable to repay within the stipulated period, the calculation of interest will be adjusted,http://store.shopping.yahoo.co.jp/red-one/mc-0033.html, the original principal amount plus unpaid interest will be calculated as a new principal. This group also usurer two ways "hidden" high interest rates, people do not see that they are usury. The first method is directly included in the principal amount of the interest, for example, someone to borrow $ 100,000, agreed monthly interest is $ 10,000, a month after the repayment, the amount of the promissory note would be written 110 000, while the actual borrowers hand only 10 million. The second method commonly known as "beheading interest", that is deducted from the principal of the high interest, such as someone trying to take advantage of 10 million, the interest is $ 10,000 then the IOU written amount is 10 million, but the borrower the actual hand cash only 90,000, and 10,http://maximum.room.ne.jp/bbs/sawa/yybbs.cgi/image/yybbs.cgi,000 have been deducted as interest. Borrower: more business by provisional turnover So, to borrow the gang are what people? At present, the police have contacted the 20 borrowers, they have to open a pet store, there is the production of metal parts, as well as the opening of a cement plant,http://www.guate360.com, are some small private entrepreneurs. According to incomplete statistics, these loans people, eight more borrowers are to fill loopholes in corporate funds. The borrower can apply for loans to banks, but once the loan expires, you must also fall to apply for new loans. Also lost in the old and the new mortgage loans have not yet been approved "vacuum period", these business owners will borrow money from loan sharks to make up liquidity vulnerability. There is a class of customers in order to expand business scale,babyliss pro perfect curl, but not supported by banks, it can only take the risk of a loan shark. According to statistics,karen millen dress, the police have verified the seven suspects to lend more than the principal amount of up to 10.9 million yuan, of which the gang has been recovered more than 900 million, the remainder of the implementation phase is still in litigation or court. Once someone is not out of money in the agreed period, the group will set off a storm of debt collection, call constantly harassing borrowers, but also in the neighborhood to spread rumors to create a momentum, and even with red paint on the door of the cell wall or bulletin board on write "Qianzhaihaiqian" and other words. Funding: "foreign" hands earn interest margin lending According to police, the gang's main lending period between November 2004 to September 2005, seven gang members are from Shanghai. Among them, the gang boss which is actually funded a man should be around 60 years old. Most of his money through his former wife, monthly interest from abroad in order to price about 3% of the "interesting" came to Shanghai, and then by the gang members to lowest monthly interest rate of 7% -8% loans,karen millen dress, earn interest groups difference. It should be an account, in 2004,karen millen outlet, by his acquaintances, he began lending career. But he also hit the lending process swindler, the other with a fake ID swindled two million yuan loan, and ultimately "disappeared." Furthermore, it should also suffered several strokes of a bad debt, the total amount of up to several million dollars, plus the pressure exerted by foreign employers, therefore, from after September 2005, the group rarely large-scale lending, but to turn to debt collection the Lord. [Glossary] The difference between the private lending and usury According to the police, because usury was sentenced for the crime of illegal business case, only Wuhan Yixing and a few other cities have been precedents, the city's first case was due to loan-sharking and illegal business to pursue criminal cases. Usury refers to an individual or a non-profit financial institutions for the purpose of the use of non-bank loan funds, by way of agreement, not specific to the majority of people, much higher than bank interest rates over the same period four times the lending interest rates repeatedly to the actions of others . Usury and private lending difference is: First, private lending is part of the nature of the mutual behavior, usually belonging to private financial dealings or between friends. Although lenders also reap benefits, but its interest is generally not high, and a maximum of bank interest & nbsp; 4 times. The lender is based on usury profiteering for the sole purpose of lenders to lend as a commercial activity. Second, the scale is different, generally small scale of private lending, borrowing objects generally only against specific individuals and units, and less frequently to lend. While usury is larger, usually not specific to the majority of people repeatedly loans. Serious plot put usury behavior, such as the huge amount resorted to violent means to disrupt the market order, constitute the crime of illegal business. 

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