Crime of coercing others to make IOUs. By means of fraud, coercion or taking advantage of others' danger, one party invalidates the real loan relationship formed by the other party. May constitute robbery or extortion. According to the provisions of the Criminal Law of People's Republic of China (PRC), whoever extorts public or private property in a large amount or repeatedly extorts it 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; 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 and fined.

What if I am forced to write an iou?

Those who are forced to write IOUs shall request the people's court or arbitration institution to cancel them within one year. However, the cancellation requirement needs to prove that the loan was issued under duress. Or you can call the police for extortion.

To sum up, forcing others to write IOUs is an illegal and criminal act. If the amount owed reaches more than 2000 yuan, it constitutes the crime of extortion.

Legal basis:

Criminal law of the people's Republic of China

Article 274

Whoever extorts a large amount of public or private property or repeatedly extorts it 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 and fined.