Legal analysis: If you are cheated, you should report the case to the local police station, attach the remittance voucher and other relevant evidence, and record the ins and outs of the matter. When an individual or enterprise borrows money from a bank, in order to reduce the risk, the bank does not lend money directly to the individual, but requires the borrower to find a third party (guarantee company or qualified individual) to guarantee.
Legal basis: Article 683 of the Civil Law of People's Republic of China (PRC), an organ as a legal person may not act as a guarantor, unless it is approved by the State Council to use loans from foreign governments or international economic organizations for lending. A legal person not for profit or an unincorporated organization for public welfare may not act as a guarantor.