March 1, 211
In order to punish fraudulent criminal activities according to law and protect the ownership of public and private property, according to the relevant provisions of the Criminal Law and the Criminal Procedure Law, combined with the needs of judicial practice, some issues concerning the specific application of law in handling criminal cases of fraud are explained as follows:
Article 1 Where the amount of fraudulent public and private property is more than 3, yuan, more than 3, yuan, more than 1, yuan and more than 5, yuan, it shall be deemed as the "amount" as stipulated in Article 266 of
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.
article 266 of the criminal law of People's Republic of China (PRC). 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 shall 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 1 years or life imprisonment, and shall also be fined or confiscated. Where there are other provisions in this Law, such provisions shall prevail.