What if I sign a fraud contract?

If you find that you are cheated, please stop the operation immediately and call the police.

1. Being cheated but signing a contract is handled as follows:

1. After the contract is signed, the cheated party can claim that the contract is invalid and ask the other party to bear damages. If the circumstances are serious, criminal responsibility may also be investigated according to law.

2. If the other party defrauds property by concluding a contract, the party concerned shall report to the police immediately.

3. If the contract is signed fraudulently, the parties can first collect evidence and apply to the arbitration institution for cancellation.

Call the police immediately 1 10 (pay attention to collecting evidence of fraud, and then report to the local public security bureau in time to reduce losses). Whoever defrauds public or private property in a relatively large amount shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also, or shall only, be sentenced to fixed-term imprisonment of not less than three years but not more than 10 years, and shall also be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated.

2. Prevent online loans from being cheated

When borrowing money, you should choose a formal and reliable way, and don't be deceived because you are greedy for convenience; Be vigilant when you receive a strange phone call, and don't casually disclose personal information such as ID card and bank card account number; Be vigilant when meeting the requirements of transfer, password and verification code. And don't listen to each other's instructions; When you realize that you have been cheated, you can stop the payment immediately and then call the police for help immediately. The first time the online loan was cheated was the police. No matter whether a contract is signed or not, if a contract is signed, the parties may be forced to perform the contract, remain calm and collect evidence, and contact the bank after calling the police. This is the best time to recover the funds, and they can also defend their rights through litigation.

Legal basis:

Article 192 of the Criminal Law of People's Republic of China (PRC) illegally raises funds by fraudulent means for the purpose of illegal possession. If the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years; if the amount of punishment is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than seven years or life imprisonment, and shall also be fined or confiscated. If a unit commits the crime mentioned in the preceding paragraph, it shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be punished in accordance with the provisions of the preceding paragraph.