Yizheng City Court announced fraudulent loans with large cases. Defendant Zhu, Wang, Chen, Liu, Lu and other five people use only a value of 42 million yuan more than a ton, "Tungsten Rod", posing worth nearly 90 million yuan of the "tungsten", as a pledge , defrauding bank loan 18 million yuan for the debt, registration of new companies and buy luxury cars, etc., there are still 10 million stolen money is not recovered. Currently five defendants guilty of the crime of obtaining credit, has been sentenced to 1-6 years in prison, and impose appropriate penalties.

Court found that the defendant Zhu as bank loan fraud, holding a false "Chinese People's Bank of China on gold, platinum, tungsten alloy and other metals can enter the bank loans of the meeting notice", as well as Shanghai a company engaged in the operation of its commissioned active power of attorney and other procedures, in order to impersonate expensive metal Tungsten Rod "Tungsten gold" find the lender as collateral. Through the introduction of the defendant Wang Zhu, met Yizheng a road engineering company (the company did not know the inside story), the two sides agreed to Shanghai company to provide "Tungsten gold" as the pledgor by the road works company borrowers , to the banks for loans, the loan amount used by the two companies, then approved by the bank's borrowers road engineering company identity.

Bank agreed Shanghai company to "Tungsten gold" as collateral, the defendant Zhu to Hunan Zhuzhou 420,000 yuan per ton price of repurchased more than 1 ton of metal tungsten deposited in Shanghai, and then sent to Yizheng. Bank requires Shanghai company to provide its pledge "Tungsten gold" issued proof of ownership and make value assessments. Seeing scam To revealed the secret, Zhu to conceal the source of Tungsten gold and the true value, and the defendant Wang negotiate another defendant Lu please try to get some proof of ownership issued by mining companies. Road, a defendant knowingly Zhu, Wang proof of ownership for the bank loans, not through the mining companies, but by others to obtain false proof of ownership. Stated on the certificate, the Shanghai company provides 1.01845 tons Tungsten gold mining company legally for sale, and the "proof" fax and mail it to the bank.

Banks to completely dispel the concerns of the defendants produced a mining company signs nailed on the original packaging and packing slip stamped forged a fake and the name and seal, in addition to forging a Shanghai company and certain goods trade Yizheng Limited between the "tungsten gold sales contract" for the rating agencies on the pledge of the metal tungsten price assessment reference. Cheater will batch tungsten false proof of ownership, "People's Bank of China on gold, platinum, tungsten alloy and other metals can enter the bank loans of the meeting," and other false documents provided to the rating agencies to apply for a pledge "tungsten gold "price assessment. Rating agencies issued per kilogram, "Tungsten glod" worth 145,000 yuan of the assessment report, this calculation, 19 boxes in the bank pledged "Tungsten glod" worth nearly 90 million yuan.

Bank issued 18 million yuan loans. Loan credited into account, Yizheng a road engineering company, the defendant Zhu, Wang, according to the agreement each had six million yuan. Defendant to the defendant Zhu Chen 200,000 yuan (after the incident, Chen had to withdraw from stolen money), to the defendant Liu 100,000 yuan, the rest mainly used to repay debt. Defendant Wang lied about 6 million yuan in loans and 330 million for debt, and the other will be 500,000 yuan to the defendant a certain way for the establishment of the new company (after the incident, the road out of a stolen money 220,000 yuan, "Passat "car 1).