Source | Daily Economic News
Author | Xiao Le
I have never applied for a loan, but I have a loan record under my name. The reason is that in addition to the leakage of personal information, there may be a "stealing beams and pillars" for employees inside the loan platform. A judgment issued by the Judgment Documents Network recently unveiled the operation method of "stealing beams for columns".
Yang Liqiang, who was born in April 1991, joined Gitzo Consumer Finance in May 2017 as a telemarketer and left in October. In just a few months, he and his colleagues applied for 98 "cash loans" by fraudulently using other people's identities, and defrauded Gitzo's funds of more than 3.23 million yuan. These people who have used their identities have previously applied for "commodity loans" in Gitzo. Yang Liqiang used the Gitzo platform's flaws such as inadequate loan review for old users and chaotic management of account numbers and passwords for telemarketers to easily defraud loans.
"When I made the first fake loan, I knew it was illegal and criminal. I felt that it was quick and easy to get money, so I continued to do it." Yang Liqiang said in the statement.
Telemarketers "stealing beams and columns" to defraud loans
Judging from the official website of Gitzo Consumer Finance, commodity loans and consumer loans are its main products. Consumer loans are divided into new user exclusive and old user exclusive, with a maximum amount of 200,000 yuan, of which the old user exclusive publicity claims pass rate high. According to Jia Mou, the manager of Gitzo ’s security department, Gitzo ’s loan process is that each telemarketer has a unique account, and the password and account name are only known to him. The telemarketer calls to communicate with customers and uses their own The exclusive account is used for loans to customers. Since most of the cash loans are handled by customers who have applied for merchandise loans at the company, the credit is good, so the approval process is not very strict and cumbersome, and the telemarketer can handle it himself.
It is precisely the above-mentioned lack of strict approval that gives Yang Liqiang an opportunity. Yang Liqiang found that when lending, a bank card with the same name can be used to make payments in the Gitzo system. As long as the system has this name, the bank card handled by the person can directly issue a loan to the bank card held by the person through the system. Yang Liqiang, who discovered this loophole, began to collect bank cards and mobile phone numbers everywhere, and then swindled loans.
"First log in to the account of the telemarketing commissioner, enter the name of the customer who needs to handle the fake loan, search for the duplicate name, and the customer who has handled the commodity loan business in the company before, can do the cash loan business. Then use the original lender's Information, change the mobile phone number, fill in the required information, submit the order, the mobile phone receives the verification code, use the mobile phone to open the Gitzo official website to confirm the contract through the verification code, and soon, if the verification is passed, the money will be paid. "Yang Liqiang said Said.
Although each Gitzo salesperson has a dedicated account, the management of the account is confusing. Yang Liqiang used his colleague ’s job ID to cheat on the loan. According to a statement from another telemarketer Li Mou, the Gitzo telemarketer does not have a fixed work station, and the telemarketer ’s job number and password are not secret. “Every day the company logs employee attendance with the employee ’s job number on the computer, sometimes When you are late, send your job number and password in the telemarketing group and let your colleagues help you log in. As long as you know the job number and password of the telemarketing department and log in to the Gitzo computer, you can handle cash loan business. "
However, Yang Liqiang's fraudulent behavior was soon discovered. In October 2017, Yang Liqiang applied for the last cash loan. In November 2017, Gitzo reported that the company ’s e-sales commissioner used his position to forge illegal cash profits from the company ’s cash loan contract and initially investigated 970,000 yuan. The reason is that since October 2017, dozens of customers have reported that they have not handled the cash loan business with the company. In these fraudulent cash loan contracts, the mobile phone number and bank card number of the customer have been changed. Most of the changed customer mobile phone numbers are The network at the beginning of 170 and 171 does not have a real-name phone, and the first eight digits are consistent, and there are consecutive numbers. The bank card number after the change is the same as the original contract name, but the card ID number is inconsistent. , Kaika scattered throughout the country.
According to the accusation of the People's Procuratorate of Heping District, Tianjin, from July to October 2017, Yang Liqiang and his associates used other people's identity to apply for 98 "cash loans" loans, defrauding Jiexin Company's funds of more than 3.23 million yuan. The first-instance judgment of the Heping District People's Court in Tianjin, Yang Liqiang, was guilty of fraud and was sentenced to 12 years in prison with a fine of 200,000 yuan.
Gitzo Consumer Funds NPL ratio at the end of September 2019 3.6%
Gitzo Consumer Finance was established in China at the end of 2010. The shareholders are Gitzo Group, a global consumer finance service provider. As a licensed consumer gold company with a long established history in China, Gitzo currently has a considerable scale. According to Jetwin's second issue of the personal consumption loan asset-backed securities issuance in 2020, as of September 2019, the total assets of Gitzo Consumer Finance reached 107.535 billion yuan, and a total of 69.547 billion loans were issued in the first three quarters of 2019 Operating income was 13.05 billion and net profit was 1.033 billion. At the end of September 2019, Gitzo ’s NPL ratio was 3.6%, a decrease of 0.38 percentage points from the end of 2018. The NPL ratio in 2016 and 2017 were 4.45% and 3.82%, respectively.
Asset securitization analysis network information shows that Gitzo has issued two single asset-backed securities (ABS) this year, with an issuance amount of 2.5 billion, and basic assets are personal consumer loans (commodity loans). According to the pooled asset information in the issuance statement, the main loan use of Gitzo ’s consumer loan is mobile phone digital, and the loan for mobile phone digital accounts for 52% of the base assets of Gitzo ’s ABS in the first and second phases of 2020, respectively. % And 56%.
In addition, the prospectus shows that the weighted average loan interest rate of the first phase of ABS pooled assets in the first phase of 2020 is 16%, and the maximum annual interest rate of a single loan is 21%, of which the principal balance of the loan is 21%. 68.29%; the weighted average loan interest rate of the second-phase ABS's pooled assets is 19.15%, the maximum annual interest rate of a single loan is also 21%, and the loan principal balance of the interest rate of 21% accounts for up to 85.66%.
