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Online loan sharks losing their bite

作者:admin 来源:未知 更新日期:2020-02-25 浏览次数:

  
 

   AconsumerscansanAlipayQRcodetopayfortheorderataself-servicerestaurantinHangzhou,Zhejiangprovince.[Photo/Xinhua]Chinahassteppedupeffortstocombatunauthorizedandunregulatedonlineloansusuallychargedatexorbitantratesofinterest,,bytheendoflastyear,41,000peoplesuspectedofinvolvementinillegalonlinelendinghadbeendetained,($).OnOct18,acourtinLinhai,acityinZhejiangprovince,settledamajorcaseinvolvingsuchloans,inwhichthemaindefendantwassentencedto15yearsinprisonandfined800,,Zhejiang,onApril26whenhewastoldtorepaymorethan200,000yuanafterinitiallyborrowingjust1,,thecapitalofFujianprovince,inFebruary,andwastoldtorepaythesumwithinfivedays,,hewasorderedtowritethecompanyanIOUfor3,,,hisdebtshadsnowballedtomorethan200,,:41,000suspectsseizedInMayandJune,,whowasborninSanming,Fujian,in1989,builtanetworkof13o,,,Wuscompanyhadillegallyloaned290millionyuantosome90,ecompany(notherrealname),a21-year-oldseniorstudentatauniversityinShenyang,Liaoning-province,committedsuicideonMay19,2018,afterbeingforcedbyWuscompanytorepaydebtsshecouldnsmoneyand"destroyedherwilltoliveinjustonemonth".Wangsdebtstoodat3,500yuanonApril25,2018,but23dayslater,thecompanydemandedthatsherepay13,,andtheannualratewas43timestheinitialamount,muchhigherthantherateallowedbytheSupremePeople,manyofthecompany,deputydirectorofWenlingpublicsecuritybureau,,,afterhewasconvicted,Wusaidhe,,theSupremePeoplesCourt,theSupremePeoplesProcuratorate,theMinistryofPublicSecurityandtheMinistryofJusticejointlyreleasedseveraldocelending,aswellasmeasurestobetakenagainstusuryand"softviolence",vice-presidentoftheSupremePeoplesCourt,saidatanewsbriefinginAprilthatloansofferedatexorbitantratesofinterestthattrickborrowersintoa"bottomlesspitofdebt"are,inreality,lesCourtthismonth,leniencyintheformofaone-tothree-monthgraceperiodwillbeshowntowrongdoersoncreditblacklistswhoarerestrictealcampusloanswillbeexemptfrombeingplacedonsuchblacklistsorfrombeingrestrictedfrombuyingsomegoodsandservices,,courtsshouldcommunicatewithyoungchildrenandtheirschoolstoavoidany"negativeeffects",thedocumentsaid,addtheircourtordersafterthegraceperiod,"determinationofdefaulterstofulfilltheirduties",,alawprofessoratBeijingNormalUniversity,saidillegalloansjeopardizesocialandeconomicorderandposechallengestolegalwork."Authoritativedocumentsareofgreatsignificanceindealingwithsuchcases,",aprofessoratZhejiangUniversity,said,"Thejudicialauthoritiesshoulddrawupandimprovelawsandregulationsagainstillegalloans."Measurestoavoidfraudshouldbetakenbymarketplayersandindividualsandtheyshouldusethelawtoprotectthemselves,,141suspectsinvolvedinillegalonlineloansappearedbeforecityanddistrictcourtsinNingbo,Zhejiang,,directoroftheMinistryofPublicSecuritysCriminalInvestigationBureau,saidatanewsconferencelatelastmonth,"Todate,thenumberofillegalonlinelendingplatformshasdroppedby77percentnationwide."QinJirongcontributedtothisstory.。

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