Hunan Woman Jailed for 5 Years and 6 Months for Malicious Credit Card Overdrafts
| Author | Chen Wenguang |
Zhu applied for a platinum credit card through Industrial and Commercial Bank of China in September 2010. After the credit card was activated, Zhu purchased a car, cosmetics and other things with the card, spending more than RMB 460,000 within 2 months. After several tens of times of collections, Zhu repaid RMB 13.4 of the debt.
The Court convicted Zhu of credit fraud, because...
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