How To See Through Financing Fraud

At present, there are two kinds of frauds in the domestic financing market. One is the financing scam based on international capital. The main financing methods include joint venture, cooperation, cross bridge, and other financing frauds with domestic capital as the main background. It mainly includes bank guarantee, direct deposit certificate, mortgage loan, and commercial acceptance bill.

The design of financing fraud under the background of international capital is often very ingenious.

It is mainly the collusion between Chinese and overseas Chinese at home and abroad, sometimes mixed with some foreigners, to act as a facade, increase credibility, register a reputable company in foreign countries, set up representative offices in China or directly invest in trade groups, even show you the credentials of foreign banks, and set up several qualifications for foreign backgrounds that you are hard to verify. Putting office addresses in high-grade offices of financial or international companies is just like a strong investment company, and you can't verify their credentials at the state administration organ, the trade and Industry Bureau or the Commerce Bureau.

They imitate the international common investment procedures, and cheat the financing according to domestic legal ways, such as cooperation and joint ventures, making it very difficult for you to distinguish their authenticity.

The fox is cunning and has its tail.

Office buildings, but generally only one or two rooms, office facilities in general, or even simple; 2. employees of the company are not of high quality, and even do not use computers; the 3. way of contacting with you is very mysterious; 4., whether your project is good or bad, whether you have financing conditions, it is easy to set up a project, and soon express your willingness to invest in you, and quickly request an inspection of your project. 5., the company designated by your company to write the business plan for the project, and the company designated by the asset appraisal is generally established by Swindlers Company or signed a cooperative company which is divided into agreements. This is the fundamental difference between the true and false investment company. Entrepreneurs should pay attention to the following aspects when dealing with investors: 1., although Swindlers Company are high-end.

Swindlers Company is to earn money from the project side by this way; 6., let the project side finish the business plan and assets appraisal, that is, after making money, excuse the experts to demonstrate, and then tell you or tell you directly what the problems are, what you can't invest, or you must reach the conditions that you can't reach, so that you can invest and so on. Every 7. links, the business letters or even the intent agreements issued to the project parties are not standardized.

The company's English introductory materials are poorly written.

Formal investment companies will not designate specialized companies to write business plans for entrepreneurs, but require entrepreneurs to provide business plans. If they are not written clearly, they may ask entrepreneurs to provide supplementary materials or do their own due diligence.

If you want to invest in this project, the investment companies and entrepreneurs will jointly entrust an assessment company to assess the cost sharing or the investment company.

The financing fraud under the background of domestic capital is characterized by the use of legal loopholes and the lack of financial expertise and the rush of financing in the form of legitimate financing. The fraudulent party and the internal staff of banks, securities companies and other internal staff are jointly organized to achieve the purpose of defrauding the various fees such as fees, deposits, etc., such as the financing mode of bank guarantee.

"Bank guarantee" is a credit guarantee issued by a bank to a bank, which is a relatively high credit guarantee in the financial sector.

It is: the financing side applies for loans to the local bank with its project, but the bank agrees to grant the loan, but asks the bank to improve the guarantee condition. The financing party has to look for the guarantor, such as the investor of a company in different places is very strong in the locality, and has a certain credit limit in its bank. After inspecting the company's financing project, it is willing to make the credit investment, then it signs the guarantee contract with the financing party in the form of bank guarantee, and the financing party must also complete the reverse mortgage procedure to the investor. The investor, with his credit as a guarantee, proposes to his bank to apply for the bank guarantee letter for the financing party. If the approval is made, the loan side of the financing party will come back to loan after checking the letter of guarantee. General procedures for financing by using bank guarantee

A certain amount of cash, as a public relation fee, does not include receipts, nor is it reflected in the contract. The 3. party is colluded with the internal staff of the bank and collates with the bank's internal staff. Illegal letter means that the letter of guarantee is not approved by the bank and the higher authorities. 4., after the investor inspects the financing side, he will come up with a simple and unreformed agreement or contract which is not allowed to be amended or signed with the financing party. The agreement stipulates that after the bank guarantee is issued and approved by the Bank of the project, the project owner must pay all the charges at once. He also requests that the project bank must lend money for a maximum of two weeks a week, and if he can not lend, he will not take any responsibility. The trap of this kind of financing is mainly in the following aspects: 1., the investor has no guarantee conditions at all, but he promises to be able to issue the letter of guarantee; and 2. of the financial requirements are paid by the financial side.

Issuing bank guarantee is a legal and highly reliable way of financing. If we can raise funds in this way, we should try our best to win.

1., to verify the credit limit of the investor by the provincial level one branch; 2., to verify the power of the investor's Bank to issue the guarantee letter to the provincial first level branch; whether the 3. party should seriously handle the counter mortgage procedure; if it is not serious or not, it must be a fake; 4., any fees should be stipulated in the contract, and the contract can not be paid; any payment should have regular receipts; after the letter of guarantee is issued, it should be verified by the Credit Department of the bank; 6., the reasonable payment method should be: guarantee the guarantee, pay half of it, and pay the other half after the loan arrives. The following measures can be taken to prevent traps in the financing process.

The trap of large and small certificates of deposit and negotiable securities mortgage is mainly the bad time, that is, the effective time of the investor giving the financing party, the approval procedures of the higher authorities of the bank can not be completed at all, so that the investors will eat up the deposit of the early delivery of the financing party openly, and withdraw the funds.

The two financing methods should not be adopted by the financing side.

A bank or commercial acceptance bill refers to a short-term financing payment method provided by banks on the basis of credit in the field of trade circulation.

The requirements for this way are relatively harsh, and financing for projects in this way can not meet the requirements. Unless all the information is falsification, the risk is too great.

It is suggested that entrepreneurs should not consider financing in this way.