Is Beijing Small One-stop Loan Reliable?

Legal analysis: Xiao Jing Loan is an illegal online micro-loan company, which has not been approved by relevant departments. Xiao Jing loan has high interest and low security, so don't handle it. Unsecured loan scammers often use the banner of "big companies" and "BCCHK", and even use the names of some banks, well-known microfinance companies and financing platforms to confuse lenders and gain trust. Some loan scammers are in the name of the company, but they don't have an office address and can't even provide business licenses and ID cards. In this case, you can seek the industrial and commercial departments to verify the authenticity.

Legal basis: People's Republic of China (PRC) Criminal Law.

Article 266 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 solely 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. Where there are other provisions in this Law, such provisions shall prevail.

Article 192 Whoever illegally raises funds by fraudulent means for the purpose of illegal possession shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years; if the amount 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.