Even the rich get their leeks cut.

In the past few days, a news story has been posted on WeChat about a contract scam involving luxury homes in Shanshui Wenyuan.

Shanshui Wenyuan is a neighborhood in Beijing, located before the 3rd and 4th rings in the southeast, with a unit price of 83,000 yuan per square meter, which is in the upper-middle range in Beijing. But this community is still okay, because it does all the large homes and villas, so the total price is not low, mainly in the range of 8-30 million.

It is reasonable to say that like this development for many years, before and after the sale of the 5 old buildings should be no problem, but the incident is 120 owners of the contract fraud, less thunder a few million, up to 70 million thunder, and now may have to face the money, the house two empty situation.

You see, the rich will be cut leeks as usual.

……

The origin of the matter is like this, Beijing housing prices soared in these years, the boss of the Shanshui Wenyuan probably wanted to cover the plate to rise, so he suspended the project development, the land assets mortgaged to the Great Wall Xin Sheng Trust, borrowed 3.8 billion out of the funds.

A good real estate developers do not do, do not know which tendon to take the wrong to do the transformation of the cultural travel town, signed an American brand called Six Flags amusement park, and then all over the country to hit the project, billions and billions of dollars to spend outside. At the same time crazy recruitment, the group is said to have a maximum of more than 4,000 employees.

The money was thrown out, but the income did not improve, so the money burned out after a few years.

According to ordinary people’s thinking, if they run out of money, they should go out of business. As I have said before, 99% of the people who have become rich since the start of the company have used leverage, and these people, when faced with a cash flow crisis, are gamblers who have lost money and will do anything to save themselves. Even if the money shouldn’t be taken, shouldn’t be used, it will be moved over first.

I’m not sure if I’ll be able to do that.

Think of the little yellow car, think of eggshells, think of Jia Yueting, this is nothing new.

The bad idea that Shanshui Wenyuan came up with at this time was to develop the houses that had been mortgaged out for sale, thus creating the 120 unlucky people mentioned above.

There is no pre-sale certificate for Shanshui Wenyuan, so they used the pre-sale certificate of the previous development. It’s not a good idea to sign a purchase contract, but it’s a good idea to trick buyers into signing a “loan contract” so that they can voluntarily lend their money to the real estate company first.

Perhaps the netizens can’t understand why these rich people would be so stupid to voluntarily enter the pit for an operation that is obviously non-compliant. I didn’t understand at first, but when I think about the fact that first-hand real estate in Beijing has always been a strong seller, these buyers are probably eager to buy houses.

……

The latest development is that the trust company has seized the property, and the proceeds may be used to repay the principal and interest of the 3.8 billion dollar loan at a judicial auction.

As for the 120 buyers, quite a few of them can’t be considered owners legally, they don’t have net signatures, they just lend the money to Shanshui Wenyuan’s creditors, and then they will be paid according to the auction results. However, the shunt is also after the trust company, the trust’s own 3.8 billion may not be able to get out of the whole body, and when it is their turn, they may not even be able to drink the soup.

I was also surprised to see such a bullshit thing happen in the capital city, and I really have to be careful when buying a house.

This time the thunder all let rich people trip, eat melons people learn a lesson, do not fall into the same hole.