Is it a fraud for Patek to lend 2000 to 1000 and pay back 2000?

1: borrowing 1000 yuan to repay the interest of 2000 yuan is considered fraud.

Whether it is a borrower or a lender, for the purpose of illegal possession, it is a crime of fraud to use forged contracts to defraud liquidated damages, deposits, handling fees and other means to make borrowers sign new illegal contracts.

The Criminal Law of People's Republic of China (PRC) clearly stipulates that defrauding more than 2,000 yuan is a relatively large amount.

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It only takes 1 minute to check out the platform where 3000 loans will arrive immediately.

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