In the WeChat group, he lied about "micro-loan". After the "fish" took the bait, he tricked the other party into paying the handling fee. Later, he targeted older leftover women and used false identities to gain the trust of single women on dating websites and induce them to invest in fake gambling websites. After a public prosecution was launched by the Procuratorate of Huimin County, Shandong Province, the court sentenced eight defendants, including Zhao Xiaobin, to prison terms ranging from 12 years to one year and one month for fraud, and fines ranging from RMB 400,000 to RMB 10,000. After the first-instance verdict, the five defendants refused to accept the verdict and filed an appeal. Recently, Binzhou Intermediate Court made a final ruling, rejecting the appeal and upholding the original judgment.

Later, Zheng Hui realized that he had "started his studies" and went to other places to make "small loans." After Zheng Hui left, Zhao Xiaobin alone defrauded 17 victims of more than 60,000 yuan in the name of "small loans."

Due to fear of being caught, Zhao Xiaobin and others all rented the places where they committed their crimes. Generally speaking, they only stay in one place for a month, and they have food and accommodation there. Zhao Xiaobin is fully responsible for them. Every other month, Zhao Xiaobin purchases a fake gambling website through illegal means and operates the backend of the website himself.

In order to legalize the fraudulent funds, Zhao Xiaobin also asked Shali to use her WeChat and Alipay to bind bank cards to help launder money. It is reported that in December 2018, Sha Li and Zhao Xiaobin became friends. Until the incident in October 2019, Sha Li helped Zhao Xiaobin make 25 transfers, involving more than 250,000 yuan. In addition, Sha Li also helped Zhao Xiaobin purchase a WeChat account used to commit crimes and unblocked the frozen WeChat account, making a total profit of more than 59,000 yuan.

After the case was filed, due to the large number of victims, the Huimin County Procuratorate intervened in advance to guide the investigation. After investigation, as of the incident, Zhao Xiaobin was involved in 43 "small loan" and "gambling money" frauds, involving more than 930,000 yuan; Zheng Hui was involved in 24 "small loan" frauds, involving more than 76,000 yuan. ; Xu Xin and Zhao Xiaofeng participated in 7 "gambling fund" frauds, involving more than 570,000 yuan; Rongxuan participated in 9 "gambling fund" frauds, involving more than 850,000 yuan. In May 2020, the Huimin County Procuratorate prosecuted eight people including Zhao Xiaobin for suspected fraud. Related Q&A: Does Weilidai provide loans 24 hours a day?

Yes, and if you have money to spend on Weilidai, you can apply through the mobile app. Weilidai is disbursed 24 hours a day. Weilidai and Youqianhua are both big brands. When choosing, I mainly look at the interest rate. Among these, I have only used Weilidai and Youqianhua. For Weilidai, my limit is 5,000, which is 0.045. My limit for spending money is RMB 20,000, and the interest rate is RMB 30,000, so when I need it urgently, my first choice is to spend it. No matter which one you use, you must pay off the loan on time and don't overdue it, because overdue loans will have an impact on your personal credit score. Related Q&A: Have you ever used WeChat Weilidai?

How can a person wander around the world without getting stabbed! Everyone will be in trouble and need help from the rivers and lakes! When you need money urgently, you may run into trouble when asking relatives and friends to borrow money. So for a while, some online lending and financial APPs came into being. For example, we have common products such as WeChat’s Weilidai, Alipay’s Jiebei, and JD.com’s gold bars. Can we borrow money from Weilidai?

Because I need to raise money urgently to buy a house, has anyone ever used this micro loan? Can I borrow this?

Weilidai, like other lending apps, supports small-amount loans. You need to fill in your detailed information when applying, and there will be a strict review process. Its daily interest rate is 0.05, which is trustworthy in terms of security and reputation. After all, it is a product of an Internet giant.

When the platform passes the evaluation of your information, it will lend you a loan. Tencent will give you a quota. For example, if you borrow 6,000 yuan, you can set how many months to repay the loan. The longer you The interest rate is relatively high. Although Weilidai and Jiebei can indeed help us solve our urgent needs, my personal suggestion is not to borrow if you can. Why?

First, if you borrow money, you have to pay it back, and the longer you repay the loan in installments, the more interest you will pay. Tencent relies on these to attract money.

Then during the repayment process, if you encounter financial constraints again and fail to repay on time every month, your credit will be affected. So if you have other options, you can try to borrow from relatives and friends, at least there will be no interest.

Secondly, there are many such loan apps on the market now. Many friends who have no self-control are just greedy for temporary happiness, borrowing large amounts of money to spend in advance. You must know that greed for pleasure is easily addictive. The result of being quick for a while is often that you are wandering back and forth between making money and paying back money all year round. After a year, I couldn't save any money at all, and even in order to repay the loan, I would have to tear down one wall to pay for the other wall in a vicious cycle. There are many such tragedies caused by borrowing on the Internet. So whether it is a loan from a formal platform or a loan from a small company, if you can avoid it, don’t touch it.

The lending products of Internet giants are still trustworthy, and they only require repayment of principal and interest. If you can accept it, you can borrow it. But I will still stick to my personal opinion. If you can't touch these things, don't touch them. Have you used these lending apps? If you have used it before, do you usually choose Tencent’s Weilidai or Alipay’s Jiebai?

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