Lawyer

Chapter 795

Of the 200 million yuan loaned from the Xijiao sub-branch, 100 million yuan was transferred to the account of the machinery company, and was later used by Gu Mingguo for futures business. He heard from his friends that futures are more exciting than stocks, and that a rise and a fall can make a big profit with a small increase. High returns.

What my friend said is very accurate. The futures market implements a margin trading system (generally, you only need to pay about 10%-15% of the face value of the contract to buy and sell a contract). Properly, you can use nearly ten times leverage to obtain high returns.

However, if the operation is wrong (most people will make mistakes, it will always be a small number of people who make money), the loss will be greater, and when the funds are insufficient, a margin call is required. When the margin is insufficient, the futures company or futures exchange will perform a forced balance warehouse.

For Gu Mingguo, it doesn't matter if the stimulus is not the stimulus. Fill it all up, or lose it all.

In a sense, Gu Mingguo's wish came true. In just half a month, he lost nearly 90 yuan, and all he lost was his underpants.

The other 100 million yuan was transferred to an information consulting company held by others on behalf of Gu Mingguo. Gu Mingguo withdrew the 100 million yuan in cash five times, and all the cash was used to acquire the equity of the engineering company.

After the loan expired, Gu Mingguo only repaid part of the bank loan interest after repeated reminders from the bank, and signed repayment plans with the bank many times, but none of them were fulfilled.

In order to repay the loan as soon as possible, Gu Mingguo transferred the engineering company to Miao Xiangrong, and also transferred the debt of the 200 million yuan loan in the Xijiao branch of the city commercial bank to him. After the two parties signed the engineering company transfer agreement, they handled the legal person Change registration, and related equity change procedures.

Afterwards, Gu Mingguo and Miao Xiangrong negotiated with the Xijiao Sub-branch of the City Commercial Bank to borrow new ones and repay the old ones, and borrowed RMB 200 million from the sub-branch to repay Gu Mingguo's loan at the sub-branch, using the engineering company's plant and land as collateral.

Afterwards, the engineering company signed a mortgage loan contract with the Xijiao Sub-branch with its real estate as a mortgage, with a loan of RMB 6 million, which was notarized.

A few days later, the engineering company borrowed another RMB 94 from the Xijiao Sub-branch with its real estate as collateral, and noted "recovery and re-loan".

The above-mentioned two loans totaling RMB 200 million were submitted to the city commercial bank for approval after completing the internal approval procedures of the Xijiao Sub-branch, but the city commercial bank did not approve it, and believed that Gu Mingguo's fraudulent use of real estate certificates and repeated mortgages constituted loan fraud. Report the case to the public security organ.

After Gu Mingguo was summoned by the public security organ, he never came out again.Afterwards, the Procuratorate brought a lawsuit to the Intermediate People's Court on the charge of Gu Mingguo committing loan fraud.

After a public hearing, the Intermediate People's Court held that the facts of the procuratorate's accusation of Gu Mingguo's crime of fraud were clear, the evidence was indeed sufficient, and the accusation was established, which was supported.

The defense of the defendant and the defense opinion of the defender have no legal basis and shall not be adopted.For the purpose of illegal possession, Gu Mingguo used repeated mortgages to defraud bank loans. The amount was particularly huge, and was used to invest in high-risk stocks and futures business, resulting in the loss of national property. His behavior has constituted the crime of loan fraud.According to Article 12, Items 193 and 4 of Article 5, Paragraph 57 of Article 1, and Article 64 of the Criminal Law, the judgment:
[-]. The defendant, Gu Mingguo, committed the crime of loan fraud and was sentenced to life imprisonment, deprivation of political rights for life, and confiscation of all personal property;

[-]. The defendant, Gu Mingguo, refunded all the loan principal and interest of the City Commercial Bank.

"Lawyer Fang, the idea of ​​borrowing new ones to return old ones was an idea given to Gu by the director of the credit department of the city commercial bank, and he also helped to operate it. It's just that the other person is gone now, and we have no evidence..." Yu Wanru's face was troubled.

"How did the director of the credit department and Mr. Gu know each other?" Fang Yi asked.

"Hey, don't mention it, when old Gu started to set up a meat stall, he started a company after making money, and the company's business was very good. The bank came to us and let us get a loan.

At that time, Lao Gu made a lot of money speculating in stocks, and he had already shifted his focus from the company to stocks.But the bank thought our credit was pretty good, so they ran to our company again and again.

Later, the director of the credit department came to the door in person, and Lao Gu had a few drinks with him, and gradually became acquainted. In order to help them complete the loan task, we took out a few loans and repaid them when they were due.

Later, the director of the credit department approached Lao Gu and said that there was a bankrupt company that wanted to sell the three-story office building. , our old Gu didn't get along.After the bank loan was overdue, the court applied for compulsory enforcement, but it was put up for auction several times, but it was not sold.

Later I found out that when the building was first built, people were killed, and it was so bizarre that people who knew the basics would not dare to buy it. A few years ago, the owner was auctioned once because of debts, and the result was a genre. Otherwise, the owner It would not be so cheap to sell the house to Lao Gu.

A few days ago, a friend invited a master for me to have a look, and said that the office building had bad feng shui and heavy evil spirits, which needed to be resolved.But the notoriety of the house has already spread, even if it is resolved, it will not be easy to sell. "Yu Wanru sighed.

"Are the stocks Mr. Gu bought still there? Didn't you think of selling the stocks to repay the loan?" Fang Yi asked.

"Thinking about it, the stocks were all cut in half at that time, and Lao Gu borrowed usury loans outside, but he was forced to sell the stocks first and repay the loan sharks.

Not to mention futures, you will lose everything. 100 million went in, and in the end only got back a hundred thousand, and all the debts were paid off. "Yu Wanru looked depressed.

"The engineering company has real estate and land. Mr. Gu transferred the engineering company and the 200 million debt to Miao Xiangrong in order to repay the debt. Why didn't he use the money from the sale of the company to repay the bank loan?" Fang Yi looked at Yu Wanru suspiciously.

"This matter is a bit complicated. Lao Gu once borrowed a lot of money from Miao Xiangrong. In fact, he sold the engineering company to him to pay off the debt, so in fact, Lao Gu didn't get any money at all.

However, the value of the engineering company was greater than the amount of the loan, so the two discussed several times, and finally Lao Miao took the engineering company by way of debt.

Of course, Lao Miao was unwilling to pay real money to repay the debt, so he asked Lao Gu to discuss with the people in the bank to repay the 200 million debt by borrowing new money to repay the old one.

Lao Miao is engaged in engineering, and the engineering company is qualified, so he can make money in his hands, and he will use the money he earns to pay off bank debts in the future.As long as there is a buffer of one or two years, Lao Miao can repay the debt. "Yu Wanru continued to explain.

(End of this chapter)