Buick Shoe Industry Was Dragged Down By 76 Million Usury In Zhejiang

< p > "we didn't invest in other places, nor did we spend money lavishly."

Yesterday, in the defendant's seat of the first court of the people's Court of Lucheng District, a white haired old man could not stop sighing, while the wife beside him wiped away tears from time to time.

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< p > two people involved in an illegal case of public deposits, amounting to more than 7600 yuan.

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< p > in May 1st of this year, some netizens broke the news in the first phase of our shoe city "a href=" //www.sjfzxm.com/news/index_p.asp "Zhejiang" /a "Buick shoe boss's running road, and then broke out the Buick shoe industry workers to pay for a traffic jam.

Zhang Jinze, the legal representative of Buick shoe industry, is the son of the two old men.

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< p > > Zhejiang a href= "//www.sjfzxm.com/news/index_x.asp" > Buick shoe industry < /a > Co., Ltd. was founded in 2000, with a registered capital of 5 million 810 thousand yuan, and has little reputation in the industry.

"We are family businesses. When the company was established, it was smaller and had only one production line. Later, in order to expand the scale of production, we moved the factory to the first stage of shoes."

Zhang Jinze's mother said that she managed a href= "//www.sjfzxm.com/news/index_cj.asp" > Company Finance < /a >. When the company was in financial difficulties, she and her wife came forward to raise money to help their son get through the financial difficulties.

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< p > "we only rest on 1 days a month and work in the factory for the rest of the time."

Zhang Mu said that the company's rental plant has increased from several thousand square meters to 13 thousand square meters, and the production line has increased to six.

However, the speed of making money is far behind the speed of expansion.

Zhang and Zhang used the usury to speed up their turnover.

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< p > in order to raise funds, Zhang Mu and Zhang Fu tried to please the lender.

Zhang said, one of them lent her about 5000000 yuan, and she directly issued a about 6000000 yuan receipt for each other.

In many cases, the interest needed to repay a month is up to about 1000000 yuan.

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< p > "in fact, enterprises rarely earn money, even if the situation of capital preservation has been lost interest."

Zhang Fu said.

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< p > April this year, Zhang Mu, Zhang Fu and Zhang Jinze chose to run together.

"We all have to borrow money, and the repayment pressure is too great to bear."

Zhang Fu said.

Finally, Zhang mother was arrested and Zhang Fu surrendered. At present, Zhang Jinze is still at large.

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< p > the public prosecutor accuses that Zhang and Zhang, together with Zhang Jinze, borrowed more than 7600 yuan from Zhu and other 40 people on the basis of capital turnover, factory building expansion and wages of Zhejiang shoe company in 2002, and agreed to pay 1 to 7 cents interest, during which only 14 million 50 thousand yuan was returned to Buick.

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< p > public prosecutors say that enterprises should do their best according to their abilities, blindly expand their production, borrow money everywhere, and ultimately make it difficult to pay interest.

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