1. Is it legal for real estate developers to falsely sell real estate to individuals and then mortgage it to banks for financing?

Hello! If the loan is illegal and serious in obtaining a loan from a bank or other financial institution by deceptive means, it may be suspected of committing the crime of fraudulently obtaining a loan.

2. Is it illegal for developers to use employees’ names to purchase their own properties as mortgages to obtain bank loans?

According to relevant information, it is illegal. Houses are actually used to achieve illegal purposes through legal means. This kind of behavior is loan fraud, so it is illegal.

3. Is it illegal for developers to require employees to buy houses and use bank funds?

It is not illegal, but banks should strengthen supervision and set thresholds

4. Developers use employees Is it illegal to obtain a bank loan by purchasing your own property as a mortgage?

According to the relevant information, it is illegal. When a developer uses a loan in the name of an employee to purchase his own house, he is actually using legal means to achieve an illegal purpose. This behavior is a fraudulent loan, so it is illegal.