Is it fraud for loan companies to package loans?

Legal analysis: Whether a packaging company's personal loan to a bank is fraudulent depends on the specific situation: 1. If the information submitted by the "packaging company" when applying for a loan from the bank is true, it does not constitute fraud. 2. If a "packaging company" obtains a bank loan by packaging an individual with forged false materials, it constitutes a crime of loan fraud and bears criminal responsibility. In addition, individuals who knowingly or intentionally entrust a "packaging company" to defraud loans by forging false materials also constitute the crime of loan fraud.

Legal basis: Article 193rd of the Criminal Law of People's Republic of China (PRC) commits one of the following acts. Whoever defrauds a bank or other financial institution of loans for the purpose of illegal possession, if the amount is relatively large, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; If the amount is especially huge or there are other particularly serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan, or his property shall be confiscated: (1) fabricating false reasons such as introducing funds and projects; (two) the use of false economic contracts; (3) using false documents; (four) the use of false proof of property rights as a guarantee or repeated guarantee beyond the value of collateral; (5) obtaining loans by other means.