I. Criminal responsibility
Deceiving a loan of10 million yuan is a huge criminal act. According to the relevant provisions of China's criminal law, those who cheat loans will face serious criminal punishment. Once found and convicted, fraudsters may be sentenced to long-term imprisonment, and may even face severe sanctions of life imprisonment or death penalty. At the same time, the personal reputation and social status of loan fraudsters will also be greatly damaged, which will have an irreversible impact on their future life and career development.
Second, economic losses.
In addition to criminal responsibility, fraudulent loan10 million will also bring huge economic losses to fraudsters. First of all, fraudsters need to bear high fines, usually calculated according to a certain proportion of the amount of fraudulent loans, which is huge. Secondly, the fraudster's personal property may be sealed up, frozen or auctioned to repay the fraudulent loan. This may lead to the loss of important assets such as houses and vehicles, and may even fall into bankruptcy.
In addition, loan fraud will also have a serious impact on the family and social relations of fraudsters. Family members may be implicated in the criminal behavior of loan fraudsters and bear great psychological pressure and economic burden. At the same time, the social reputation and interpersonal relationship of loan fraudsters will be seriously damaged and it is difficult to rebuild.
To sum up:
The consequences of defrauding10 million loan are extremely serious, which not only involves criminal responsibility and huge economic losses, but also has a serious impact on the family and social relations of the fraudster. Therefore, we must strictly abide by financial regulations and credit loans to avoid falling into the quagmire of fraudulent loans.
Legal basis:
Criminal law of the people's Republic of China
Article 193 stipulates:
Under any of the following circumstances, whoever defrauds a bank or other financial institution for the purpose of illegal possession, if the amount is relatively large, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; 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 or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan or confiscated property:
(a) fabricating false reasons such as introducing funds and projects;
(two) the use of false economic contracts;
(3) using false documents;
(four) the use of false proof of property rights as a guarantee or repeated guarantee beyond the value of collateral;
(5) obtaining loans by other means.
People's Republic of China (PRC) Commercial Bank Law
Article 74 provides that:
A commercial bank that causes property damage to depositors or other customers under any of the following circumstances shall bear interest and other civil liabilities for delayed performance:
(1) delaying or refusing to pay the principal and interest of the deposit without reason;
(two) in violation of the provisions of the bill acceptance and other settlement business, not to cash, not to enter the payment, to hold the ticket, to hold the ticket or to refund the ticket in violation of the provisions;
(3) illegally inquiring, freezing or deducting personal savings deposits or unit deposits;
(4) Other acts that violate the provisions of this Law and cause damage to depositors or other customers.