How much does telecommunications fraud cost per year?

Legal subjectivity:

For telecommunications fraud cases, the court will make a judgment in accordance with the relevant provisions of the criminal law based on the facts, nature, circumstances and harm to society of the crime.

Legal Objectivity:

Explanations 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 Article 1: The amount of defrauding public or private property exceeds 3,000 yuan, Those exceeding 30,000 yuan, 100,000 yuan, and 500,000 yuan are respectively deemed to be "relatively large amounts," "huge amounts," and "especially huge amounts" 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, based on the economic and social development of the region, jointly study and determine the specific amount standard to be implemented in the region within the amount specified in the preceding paragraph, and report it to the Supreme People's Court and the Supreme People's Procuratorate for record. . Article 266 of the "Criminal Law of the People's Republic of China": Whoever defrauds public or private property and the amount is relatively large shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also or solely be fined; if the amount is huge or there are other serious circumstances, Those who commit crimes 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 particularly huge or there are other particularly serious circumstances, they shall be sentenced to fixed-term imprisonment of not less than ten years or life imprisonment, and shall also be fined or their property shall be confiscated. If this law provides otherwise, such provisions shall prevail.