Is it true that the overdue arbitration center sent a text message?

Legal Analysis: Is it true that the overdue arbitration center sends short messages? Depending on the specific content of the short message, you can go to official website to check the phone to confirm, and then consider whether to sign a contract to arbitrate disputes by this institution. If you don't pay, I suggest you don't believe it. Many routine loans send text messages in the name of this arbitration institution.

Legal basis: Article 266 of the Criminal Law defrauds public or private property, and if the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also or only be fined; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years and shall also be fined; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated. Where there are other provisions in this Law, such provisions shall prevail.

Article 16 of the Arbitration Law of People's Republic of China (PRC)? The arbitration agreement includes the arbitration clause in the contract and the arbitration agreement reached in other written forms before or after the dispute occurs. The arbitration agreement shall include the following contents: (1) the expression of intention to request arbitration; (2) Arbitration matters; (3) Select the Arbitration Commission.