Man arrested for buying 3,000 cars at a discount and reselling them without paying the balance, involving more than 160 million yuan
After paying the security deposit, the man directly sold the car at a discount and refused to pay the balance.
Recently, the Shanghai Yangpu police cracked a huge contract fraud case involving a total of 161 million yuan.
Earlier, the Yangpu Public Security Bureau had received reports from two auto sales and service companies in its jurisdiction, stating that a car rental company in Liaoning only paid the advance payment when signing multiple "Auto Product Purchase and Sale Contracts" with it, but refused to pay the balance after the ordered vehicle was delivered. These vehicles have been sold by the company.
After receiving the report, the Economic Investigation Detachment of the Yangpu Public Security Bureau initially confirmed that since November 2019, the two reporting units have signed 7 car sales agreements with a car rental company in Liaoning by mail, negotiated the transaction price and sold it to the car rental The company, after receiving the 20% deposit paid in advance by the car rental company, the reporting unit will dispatch the car to the warehouse designated by Zhao (the legal representative of the car rental company).
According to the time limit stipulated in the contract, after receiving the car, Zhao should pay the remaining car payment within 90 days, but Zhao has been reluctant to pay the balance of the two victimized units, and the car that Zhao received before was 10% off the cost price Sold at the price.
In this regard, the police confirmed that Zhao’s behavior was suspected of contract fraud, and immediately set up a task force to carry out investigations.
After further investigation, the task force found that the car rental company had long-term loss-making operations, and the legal representative, Zhao Mou, knew that the behavior of buying high and selling cars would lead to losses and the company had no ability to repay, he still signed a contract with the victim to purchase and sell cars. The contract is to obtain the ownership of the car by paying the pre-purchase payment and then sell it to the outside world, thereby obtaining a huge amount of car payment.
According to Yangpu Public Security, the car rental company illegally sold more than 3,000 cars, causing economic losses of up to 161 million yuan to the victim.
The man involved has been arrested.
To this end, the project team went to 5 provinces and cities including Heilongjiang and Liaoning to conduct continuous operations to conduct visits and investigations and fix evidence on the cars and transaction records involved in this case.
After fully grasping Zhao's illegal facts, the police of the task force arrested him in one fell swoop in the city.
After arriving in the case, the criminal suspect Zhao confessed to the illegal act of signing a contract to defraud others' company property while he knew he was incapable of performance.
After investigation, Zhao’s business was very impressive at the beginning. Since the cost of investment was not high, he has always obtained funds through borrowing and reselling vehicles to make profits. Come bigger.
Seeing that the company had existed in name only, Zhao began to touch the bottom line of the law, making himself more and more trapped in the illegal road.
At present, the criminal suspect Zhao has been approved for arrest in accordance with the law, and the case is under further trial.
The Paper Journalist Gong Hanhua