Lawyer who joined loan sharks jailed

Updated 2017-08-29 09:44:28 Shanghai Daily

A lawyer was among a group of eight who were jailed yesterday for setting up debt traps and running a loan shark scam.

The lawyer, Cao Yifan, filed a lawsuit incorporating false evidence against the debtors, demanding they pay off the loan. He was sentenced to three years behind bars for fraud.

Seven others, who were also convicted of racketeering conspiracy and illegal imprisonment, received jail terms ranging from two to 16 years, according to Jing'an District People's Court.

In March 2016, ringleader Chen Yingang and three others set up a loan shark company and hired three employees.

The court found they were involved in at least four frauds, and that Cao took part in three of the cases.

One victim surnamed Lu had attempted to borrow 150,000 yuan (,665) from the company, but he was ordered to sign an IOU note stating a 250,000-yuan debt. In fact, Chen didn't lend Lu a single penny but still demanded money from him.

Lu refused to pay, and was beaten up. As violence hadn't worked, however, Cao then sued Lu but dropped the lawsuit after other group members were placed under police investigation.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58September 24 2018 08:22:37

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16September 24 2018 08:22:37

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18September 24 2018 08:22:37

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

China World Business Sports Showbiz Audio
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
China World Fun Travel Entertainment Sports
Beijing Shanghai Guangzhou
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords