Legal basis:
Article 266 of the Criminal Law: 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, such provisions shall prevail.
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 Law in Handling Criminal Cases of Fraud stipulates:
Those who defraud public or private property in an amount of more than 3,000 yuan but less than 10,000 yuan, more than 30,000 yuan but more than 100,000 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.
The higher people's courts and people's procuratorates of all provinces, autonomous regions and municipalities directly under the Central Government may, in combination with the economic and social development of the region, jointly study and determine the specific amount standards implemented in the region within the scope of the amount specified in the preceding paragraph, and report them to the Supreme People's Court and the Supreme People's Procuratorate for the record.
Guangdong Provincial Higher People's Court
Notice of Guangdong Provincial People's Procuratorate on Determining the Amount of Criminal Cases of Fraud [Gao Yue Fa Fa Fa [20 14]No. 12] I. The first-class areas include six cities including Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan and Dongguan, and the starting point for a large amount of fraud is more than 6,000 yuan; The starting point of the huge amount is 10 million yuan or more; The starting point for a particularly huge amount is more than 500 thousand yuan.
The second and second types of areas include Shantou, Shaoguan, Heyuan, Meizhou, Huizhou, Shanwei, Jiangmen, Yangjiang, Zhanjiang, Maoming, Zhaoqing, Qingyuan, Chaozhou, Jieyang and Yunfu, and the starting point for a large amount of fraud is more than 4,000 yuan; The starting point of the huge amount is more than 60 thousand yuan; The starting point for a particularly huge amount is more than 500 thousand yuan.