6 charged for taking loans with fake papers
Print Edition
Six suspects who defrauded banks and loan companies of 129 million yuan (US$21.156 million) in four separate cases were charged with fraud, the Minhang District People’s Procuratorate said.
The prosecutors said the six suspects took the loan by forging contracts, financial statements and audit reports to win the trust of banks and companies.
In one case, a suspect, surnamed Zheng, forged a company’s financial statements and audit reports from accounting firms with the help of a company executive, surnamed Ruan, to swindle a line of credit — the amount of credit that their companies are allowed — from banks.
They then used a forged contract to make the bank believe that they had a partnership with another company and needed 5 million yuan for steel trading.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
