The trap of investing in hotel apartments

I am also a victim of this Yicheng Square. His current real estate scam is not about whether this apartment has property rights. Now they have made it very clear that they only have the right to use for 29 years and have no ownership. What really deceives people is what they can't do with bank loans, but you are worried that the current room number will be bought because you believe in their current sales introduction plan. You must have paid the down payment. After you paid the down payment, seven days later, when he asked you to pay the down payment, he said that the bank could not release the loan, and then forced you to take the developer's internal loan. The annual interest rate of internal loans reaches 14, and the principal and interest will be paid off within three years. Most people can't afford it at all, so you have to quarrel with him, and then they will say that you can pay 30% down payment through the so-called third-party loan, and I only gave 20% of the total house price. There is a third-party loan behind. Actually, I want to fake your house in Guangzhou to apply for a decoration loan, and fake renovation contract to defraud the bank of the decoration loan to give me a loan. The handling fee is quite high. The loan is10.5 million, and I will charge you10.5 million. At this point, I know that I have fallen into the trap of contract fraud, and I can only call the police in the future. I'm not the only victim in Yicheng Square like me.