Forget it.

If you provide false information when applying for a loan and deliberately conceal the truth after repayment for the purpose of illegal possession, this meets the definition of fraud. According to relevant legal provisions, the crime of fraud refers to the act of using deceptive means to defraud a relatively large amount of public or private property for the purpose of illegal possession. For fraud, the law provides corresponding penalties. Penalties vary depending on the amount and the existence of other serious circumstances, but they all involve penalties such as fixed-term imprisonment, criminal detention, surveillance, and fines.