Is 2020 Baiqian Finance Legal?

Legal analysis: Baiqian Finance Company is a regular company. But at the same time, we should be wary of fraud.

Baiqian Finance is a subsidiary of Shenzhen Baiqian Financial Services Co., Ltd., which was established in February 20 13. It is a financial service company headquartered in Shenzhen. Products cover consumer financial services, auto financial services and so on.

Business scope: entrusted by banks and financial institutions, Baiqian Finance is engaged in information technology and business process outsourcing services, including system application management and maintenance related to financial business, information technology support management, background services of banks and financial institutions, financial settlement, software development and data processing, and provides overdue account reminder services for banks and financial institutions; Business information consultation (excluding restricted items).

Legal basis: Article 266 of the Criminal Law of People's Republic of China (PRC) defrauds public or private property, and if the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also or only be fined; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years and shall also be fined; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated.