Cheat traffic police car hire 93 high-end mortgage

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Since then, Yin Ming You Xiang Liu's friends car rental, rent until last June a total of more than 90 cars go high-end cars. Yin Ming failure to pay the rent, also rent cars stop, Mr. Liu and other life doubt, requires the car. Last June 26, the victim who went to the police station and mediation Yin Ming Yin Ming wrote a pledge back within 10 days of car payments.
It is understood, Yin Ming mortgage amount borrowed cars are between 70,000 to 100,[link widoczny dla zalogowanych],000 yuan. Assuming the average vehicle in accordance with 8 million mortgage terms, 5 cars would be able to repay, while 93 vehicles can be secured 700 million yuan, much higher than the 40 million sharks.

pleaded guilty to the traffic police for trial

next day, Yanming Shen please quit the civil service status to the Public Security Bureau Chaoyang surrendered.
involving up to 1190 million yuan

surrendered before sign-off car warranty

Recently, Yin Ming alleged contract fraud in the Beijing Second Intermediate People's Court for trial.

2004, the Yin Ming the information that small loans, by 1.5 million, the monthly interest rate of 12%. The end of 2007, more than 40 million loan sharks into his inability to repay. Threat at this time lenders

■ crime
Ming Yin graduated from the police academy in 2002, assigned to the Beijing Municipal Traffic Management Bureau, Secret Service office. Day before 2 pm, Yin Ming was brought into court.

■ doubt
the allegations, Yin Ming pleaded guilty.

defense lawyer, said Yin Ming is coercion by lenders, car rental scam in order not to ruin it. Urge the court read its surrender in the following sentence to life imprisonment. Description of the work of units issued, said Yin Ming motivated, had in 2004, 2008 by the awards, and in 2008 was named the Olympic security model.
prosecutor, said Yin Ming pledged to rental car to a third party, with the mortgage payments also usury, and not third-party agreement on the money due, the car handled by the other party, in fact, constitute the contract fraud.
why Ming Yin endless car rental, money whereabouts of how he did not specifically account. It is understood, Yin Ming has said there are 10 million mortgages for personal consumption, but the rest of money unaccounted for.
According to the prosecution allegations, from January 2008 to June 2009, Yanming Li with the police as to the name of car for personal use, and Beijing dimensional sea Albert car rental companies, 17 companies and 22 people signed the victim Sun Boyu other In the absence of actual performance capabilities of the situation, Yin Ming to be the first way to pay part of the rental lease cheating Audi A6, Buick GL8 a total of 93 such vehicles, worth 1190 million yuan. After the incident, 65 vehicles were recovered, worth 807 million yuan.
his confessions in the lenders

Yin Ming's lawyer said that in order to repay the snowballing usury interest, Yin Ming to take account of new ways to account for old, trapped in a cycle, the more interest roll, the rental car is also more , and from the middle of a lot of money has not be restored.
final statement, the Yin-ming, said deep regret, he said, effort to compensate.

handling personnel, Yin Ming friends and partners in the spare time to open the bars, but more than 40 million foreign debt, with only 1.5 million credit card debt.
also charge 93 to 40 million car loans?
Liu said the victim, he operated a car rental company, last year received the Ming Yin telephone, said to rent an Audi sedan. Yin Ming quarters in the traffic team to show him Jingguan Zheng and identity cards. In view of the police, Mr. Liu and Ming Yin signed lease agreement,[link widoczny dla zalogowanych], the agreed rent of 800 yuan per day, and did not want to deposit.

business losses to a loan shark