The crime of contract fraud refers to the act of defrauding the other party's property by falsifying facts or concealing the truth in the process of signing and performing the contract for the purpose of illegal possession, and the amount is relatively large.
not a crime of contract fraud?
Using the pseudonym of Song, Wu signed an insurance agency contract with Yongan property Insurance Beijing Branch and China United property Insurance Fangshan Branch respectively, agreed to sell insurance business for the company, and obtained a certain proportion of service fees. By the end of that year, Wu received a total of nearly 315000 yuan in insurance premiums collected on his behalf, but refused to pay to Yong'an Company and squandered it