Whoever commits online fraud shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and may also be fined. This is when the amount is more than 3000 yuan and less than 30 thousand yuan. If the amount is more than 30,000 yuan but less than 500,000 yuan, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than 10 years and shall also be fined. If the amount is more than 500,000 yuan, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated.
Legal objectivity:
Article 266 of the Criminal Law of People's Republic of China (PRC) stipulates that 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. Opinions of the Supreme People's Court, the Supreme People's Procuratorate and the Ministry of Public Security on Several Issues Concerning the Application of Laws in Handling Criminal Cases of Telecommunication Network Fraud Article 2 (1) According to the provisions of 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 use telecommunication network technology to commit fraud and defraud public or private property of more than 3,000 yuan, more than 30,000 yuan and more than 500,000 yuan are respectively deemed as "large amount" as stipulated in Article 266 of the Criminal Law.