Being defrauded by Chengdu Consulting Company on the grounds of loan, ensuring that metal is not a fraud.

Being cheated by Chengdu consulting company on the grounds of loan belongs to contract fraud. According to Article 224 of the Criminal Law, the crime of contract fraud refers to the act of defrauding the other party of a large amount of property by fabricating facts or concealing the truth in the process of signing and performing a contract for the purpose of illegal possession.