More than 7 million family members want to track down borrowers in order to repay online loans by female teachers

category:Society
 More than 7 million family members want to track down borrowers in order to repay online loans by female teachers


Mr. Huangs daughter, Huang Mou, is a kindergarten teacher in Wuxi, Jiangsu Province. Since July 2016, after she borrowed money through the Internet platform for personal consumption and repayment of loans, she has cheated others for more than 742,000 Yuan due to increasing arrears, and was arrested by the police for suspected fraud.

The bill shows that the loan is 300,000 yuan, and the actual amount is only 200,000 yuan. Mr. Huang told upstream journalists that his daughter was a victim of online lending, and he hoped to track down borrowers and avoid further victimization.

In July 2016, Huang Mou borrowed 2,400 yuan for personal consumption for the first time through the network platform, and then owed hundreds of thousands of yuan in usury through the network loan, thus falling into the online loan vortex. In the billing information provided by his father, the reporter noticed that in one month, Huang Mou borrowed 200,000 yuan from the online loan platform to repay the principal and interest of 520,000 yuan of the online loan.

The online contract says no interest is required, but only 200,000 yuan of 300,000 yuan is borrowed.

According to one of the electronic loan contracts, on April 14, 2018, Huang borrowed 300,000 yuan, the agreed repayment date was April 20, and the contract indicated that the loan did not need to pay any interest. Actually, this platform only acts as an intermediary. After the platform has reached the intention of borrowing, both sides negotiate interest and other loan matters through off-line transactions. Huang Mous attorney said that Huang Mou and the borrowers short message records mentioned that the borrower lent money to Huang Mou in the form of investment, Huang Mou in addition to repaying the principal, also need to pay a high monthly dividend. Essentially, its still a lending relationship, just charging high interest in the name of dividends. The lawyer said.

Reporters learned that Huangs monthly income of about 5,000 yuan, many times after online lending, its income will be difficult to support the monthly high repayment, his family and himself have also been from borrowersdebt collection phone calls and defamatory short messages. To this end, Huang began to borrow money from people around him.

According to the judgment, in February 2017, in order to repay usurious loans, Huang made up his business of accepting bills of exchange, which was very profitable. Falsely claiming that the victim can contribute money together and share the profits equally, the victims money is mainly used to repay usury, and then borrow usury to pay the victims interest after the expiration of the promised bill, and then use the aforementioned reasons to defraud the victims money to repay usury. By May 2018, Huang had cheated 3 victims totalling 7.42 million yuan. I didnt know about her online loan until my daughter was caught. Although my daughter is wrong, she should also trace the borrowers behavior. Mr. Huang said that according to his understanding, only 200,000 yuan was actually paid for one of the 300,000 yuan loans, and the remaining 100,000 yuan was deducted by the borrower as the first interest. Therefore, Mr. Huang believes that his daughter is the victim of the chaotic phenomenon of online lending such as cutting head interest. I hope to be able to investigate the lending practices of online lending platforms and borrowers so as to avoid more victims. Mr. Huang said. At present, Huang has lodged an appeal in the hope that the court will re-sentence the victim of online loan. Source: Upstream News Responsible Editor: Liu Yuxin_NBJS7825

According to the judgment, in February 2017, in order to repay usurious loans, Huang made up his business of accepting bills of exchange, which was very profitable. Falsely claiming that the victim can contribute money together and share the profits equally, the victims money is mainly used to repay usury, and then borrow usury to pay the victims interest after the expiration of the promised bill, and then use the aforementioned reasons to defraud the victims money to repay usury. By May 2018, Huang had cheated 3 victims totalling 7.42 million yuan.

I didnt know about her online loan until my daughter was caught. Although my daughter is wrong, she should also trace the borrowers behavior. Mr. Huang said that according to his understanding, only 200,000 yuan was actually paid for one of the 300,000 yuan loans, and the remaining 100,000 yuan was deducted by the borrower as the first interest. Therefore, Mr. Huang believes that his daughter is the victim of the chaotic phenomenon of online lending such as cutting head interest. I hope to be able to investigate the lending practices of online lending platforms and borrowers so as to avoid more victims. Mr. Huang said.

At present, Huang has lodged an appeal in the hope that the court will re-sentence the victim of online loan.