Criteria for filing cases of private lending fraud

Legal analysis: the standard for filing a case is to defraud private loans of more than 3,000 yuan to 1000 yuan. Private lending is a kind of private financial activity with a long history and widespread in the world. It mainly refers to financial transactions between natural persons, between natural persons and legal persons or other organizations, and between legal persons or other organizations with money or other securities as the object. Financial institutions and their branches that engage in loan business with the approval of financial supervision departments, as well as related financial businesses such as issuing loans, do not belong to the category of private lending.

Legal basis: Article 266 of the Criminal Law of People's Republic of China (PRC) defrauds public or private property, and if the amount is relatively large, he 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, such provisions shall prevail.