Multi-millionaires fall into a lawsuit and rely on labor insurance for a living

Fourteen years ago, if there were no nephews, they might have difficulty getting out of the shadow of middle-aged women; today, if they are not nephews, their situation may not be so embarrassing.

Recently, the Jiangdong Court ruled on a lending dispute. It was about the tortuous experience of a husband and wife from a multi-millionaire to an indeterminate house in Ningbo.

Neighbors take care of the shadows of mourning women

The couple is more than 60 years old this year and Mr. Wang, the husband, is doing business in Wenzhou when he was young.

Accumulated a family business worth more than ten million yuan. They live in villas, and there are many real estate and stores under their name.

Mr. Wang and his wife have a daughter who is not only clever and sensible, but also has excellent results. She almost pinned all the hopes of the couple.

However, there were unexpected circumstances. In 2001, her daughter who had just been to university was suddenly killed in a car accident. This bad news almost killed their lives. After her daughter left, Mr. and Mrs. Wang immersed themselves in the pain of mourning the woman all day long. His body was paralysed and her mental state was on the brink of collapse.

At the time of their most distressing and most helpless time, Zhang Jun, a nephew, was always around, taking care of every possible way. This made the couple very moved, as if they saw the hope of life.

Under the care of Zhang, they gradually walked out of the shadow of mourning women and adopted a child as a spiritual sustenance.

Borrowing money to the ten million family property is exhausted

Zhang is a businessman and invests in many projects, including medical equipment and private lending. He needs a lot of cash flow.

Thanks to Zhang’s gratitude, Mr. and Mrs. Wang treated Zhang’s son as their own. As long as Zhang opened, they almost always responded. They not only lent all their property to him but also to their friends and brothers and sisters. Lend money to him. They also never asked Zhang to issue an IOU.

At the end of 2012, Zhang failed to do business and owed him a debt. Many of them were originally borrowed by Mr. and Mrs. Wang, or they made a guarantee for Zhang. Many of the creditors found Mr. and Mrs. Wang.

Once again, Mr. and Mrs. Wang fell into a crash and had to keep looking for Zhang to hope that he would issue an IOU. But these are simply not enough to calm the anger of creditors.

1500 yuan per month for labor insurance

In 2013, many companies and individuals prosecuted Zhang and Zhang evaporated. Because of the inability to face the descent of friends and relatives, Mr. and Mrs. Wang also had a time to hide in Tibet.

Mr. Wang’s property and store were all secured by Zhang. After the court’s verdict, the property of the couple was auctioned one by one.

In desperation, in October last year, they also sued Zhang and demanded that he return the money.

In January of this year, the court was summoned by the Jiangdong Court’s announcement procedure. Zhang did not appear in court and the court was absent from the hearing. In the court, the wife was emotional and burst into tears.

Due to the fact that the single reliance is insufficient to identify the fact that Zhang has borrowed money from Wang and his wife. In order to find out the truth, Cheng Chengguan went to a number of banks to investigate and collect evidence, and obtained evidence such as remittance voucher, which confirmed the fact that Zhang had borrowed money from Mr. and Mrs. Wang.

Last Thursday, the Jiangdong Court ruled that Zhang had returned 15 million yuan to Wang and his wife.

The judge said that Zhang’s case involved more than 100 million yuan in value, and his property had long been sealed up by various courts. Even with the verdict, Mr. and Mrs. Wang did not share much.

The husband and wife lived a good life in the past. Mr. Wang did not apply for labor insurance. Now their lives are only maintained by his wife's labor insurance of 1,500 yuan per month. He also has to raise a child under the age of one. The situation is embarrassing.

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