Rented a car from a car rental company and then mortgaged the car for 90,000 yuan. Recently, the Shijiazhuang Xinhua District Court made a verdict on the case: The defendant Wang Fei committed the crime of contract fraud and was sentenced to a fixed term of imprisonment of one year and six months, and a fine of 30,000 yuan.

Wang Fei, a 35-year-old worker who made a living by doing odd jobs in the stone market, accidentally learned that he could use a mortgage to drive a micro-loan. One day in September 2014, Wang Fei came to a car rental company in Shijiazhuang City. In the name of running a business, he signed a car rental contract with the leasing company. The contract stipulated that the lease period is one month, the rent is 7,000 yuan, and the company rents a Toyota. car. After the car arrived, Wang Fei returned to a hometown in Henan Province and found Cui Mou, who could provide car mortgage loans. He mortgaged the rented car to Choi and borrowed 90,000 yuan from Choi. In October, the lease expired and the leasing company could not find Wang Fei and reported it to the police. The police arrested Wang Fei in November of that year.

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