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Is it feasible to borrow 5,000 for a Ferrari mortgage?

In reality, it may be possible, but when you go to pick up the car, you will find that the Ferrari has turned into a Ferrari

The basic characteristics of the "routine loan" crime:

First, create the illusion of private lending. The defendant solicited business in the name of a "small loan company", signed a loan contract with the victim, created the illusion of private lending, and defrauded the victim into signing a "falsely high loan contract" and "yin and yang" under various names such as "liquidated damages" and "security deposit". Contracts" and real estate mortgage contracts that are obviously unfavorable to the victim.

The second is to create bank traces and deliberately create the illusion that the victim has obtained all the money borrowed under the contract.

The third is to unilaterally and arbitrarily determine that the victim has breached the contract and require the victim to immediately repay the "inflated loan".

The fourth is to maliciously increase the loan amount. When the victim was unable to pay, the defendant introduced other fake "small loan companies" or individuals, or "pretended" other companies to sign a new "falsely high loan contract" with the victim to "settle the account" and further increase the borrowing cost. amount.

The fifth is to use both soft and hard tactics to "collect debts", or file false lawsuits, and achieve the purpose of misappropriating the property of the victim or his close relatives through a successful judgment.