legal ground
Article 1 of the Decision on Punishing Crimes of Fraudulent Purchase of Foreign Exchange, Foreign Exchange Evasion and Illegal Trading of Foreign Exchange
Under any of the following circumstances, whoever fraudulently purchases foreign exchange in a relatively large amount shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 5% but not more than 30% of the amount of fraudulently purchased foreign exchange; 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 five percent but not more than thirty percent of the amount of foreign exchange fraudulently purchased; 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 5% but not more than 30% of the amount of foreign exchange fraudulently purchased or his property confiscated:
(1) Using forged or altered customs declarations, import certificates, foreign exchange management approval documents and other documents;
(2) Reusing customs declarations, import certificates, foreign exchange management approval documents and other documents issued by the customs;
(3) fraudulently purchasing foreign exchange by other means.