1. A criminal sentenced to life imprisonment may also apply for commutation. If the probation period is reduced to life imprisonment according to law, it shall not be less than 25 years. Those who show repentance and meritorious service may apply for commutation, and economic crimes are also applicable;
2. Criminals sentenced to public surveillance, criminal detention, fixed-term imprisonment or life imprisonment may have their sentences reduced if they consciously abide by prison regulations and receive education and reform during the execution period, and if they do show repentance or render meritorious service; Those who have made significant meritorious service shall have their sentences reduced.
The standard for filing an economic crime is:
1. Economic crimes generally aim at abusing the reputation relationship in economic transactions, which violates the laws of economic nature and leads to illegal profit-making behaviors that endanger the overall economic order.
2. Economic crime is an economic behavior that is socially harmful to the subject of economic crime, that is, the staff of state units, the relevant staff in collective economic organizations and other public officials engaged in public affairs.
3. There are corresponding punishments for economic crimes.
Elements of economic crime:
1, which occurs in the economic field. That is, it occurs in the production, exchange, distribution and consumption of the national economy;
2. Subjective intention and negligence do not constitute economic crimes, but generally have the purpose of seeking illegal interests;
3. It directly endangers the country's economic management activities, which is different from property crimes that infringe property ownership.
To sum up, people who usually constitute economic crimes belong to economic crimes, and economic crimes also need to be punished according to their specific charges. The standard of filing a case is different from the standard of sentencing. The specific time of being sentenced needs to be determined according to the actual situation, and the parties can also find a lawyer to defend themselves.
Legal basis:
Article 192nd of the Criminal Law of People's Republic of China (PRC)
The crime of fund-raising fraud aims at illegal possession and uses fraud to illegally raise funds. If the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years and shall also 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 seven years or life imprisonment, and shall also be fined or confiscated.
If a unit commits the crime mentioned in the preceding paragraph, it shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be punished in accordance with the provisions of the preceding paragraph.