According to Article 266 of the Criminal Law of People's Republic of China (PRC), whoever defrauds public or private property in a relatively large amount shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also or only be fined; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years and shall also be fined.
If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated. Where there are other provisions in this Law, those provisions shall prevail.
According to Article 1 of the Interpretation of the Supreme People's Court and the Supreme People's Procuratorate on Several Issues Concerning the Specific Application of Laws in Handling Criminal Cases of Fraud, those who swindle public or private property in an amount of more than 3,000 yuan, more than 30,000 yuan and more than 500,000 yuan are respectively deemed as "a large amount", "a huge amount" and "a particularly huge amount" as stipulated in Article 266 of the Criminal Law.
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Case: Female college students were defrauded of 6,000 yuan in online loans? Nanjing police arrested suspects across provinces
With low interest and no mortgage, such a "loan" looks attractive. However, Liu Tongxue, who recently went to college in Jiangbei, was cheated by this kind of online loan for 6,000 yuan. The police handling the case in Jiangbei New District Branch of Nanjing Public Security Bureau went thousands of kilometers to hunt down and arrested the suspect Zou in Suizhou City, Hubei Province.
Liu Tongxue reported to Taishan Xincun Police Station of Jiangbei New District Public Security Bureau that he met a netizen named "Your Credit Bag" on the Internet and asked about the loan. The other party told Liu Tongxue that because he was a student, he had to pack his identity first, and he had to pay a "deposit" of 1 1,000 yuan first. Without much thought, Liu Tongxue paid a deposit of 1 0,000 yuan through online transfer.
After receiving the money, the other party contacted Liu Tongxue, saying that her bank account address was wrong and needed to modify the information. However, since the loan has entered the review stage, it needs to pay 5000 yuan to correct the information. On second thought, Liu Tongxue transferred 5000 yuan to the other party. The next day, when Liu Tongxue, who had never received a loan, contacted the other party, he found that he had been blacked out by the other party and called the police.
According to the clue provided by Liu Tongxue, after more than 20 hours of groping, the police arrested Zou Mou, a fraud suspect, in Suizhou, Hubei. After investigation, in April this year, Zou hired someone to make a publicity picture with the content of "Strength Package with a loan of 30,000 yuan 10.5 million yuan" and posted it on the Internet. More than10 people have been cheated.
References:
China People's Congress Network-People's Republic of China (PRC) and China Criminal Law
References:
Baidu Encyclopedia-Notice on the Interpretation of Several Issues Concerning the Specific Application of Law in the Trial of Fraud Cases
References:
People's Daily Online-Female college students were defrauded of a loan of 6,000 yuan. Nanjing police arrested suspects across provinces.