How to punish financial personnel caught buying counterfeit money?
Judicial Interpretation the Supreme People's Court's Interpretation of Several Issues Concerning the Specific Application of Laws in the Trial of Cases of Counterfeiting Currency Article 4 Any employee of a bank or other financial institution who buys counterfeit currency or takes advantage of his position to exchange counterfeit currency with a denomination of more than 4,000 yuan but less than 50,000 yuan, or whose currency amount is more than 400 pieces but less than 5,000 pieces, shall be sentenced to fixed-term imprisonment of not more than five years. Fixed-term imprisonment of not less than three years but not more than ten years, and a fine of not less than 20,000 yuan but not more than 200,000 yuan; If the denomination is more than 50,000 yuan or the amount is more than 5,000 pieces, or if there are other 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 20,000 yuan but not more than 200,000 yuan, or his property shall be confiscated; If the denomination is less than 4,000 yuan or the number of coins is less than 400 pieces (pieces) or there are other minor circumstances, they shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention, and shall also or only be fined not less than 10,000 yuan but not more than 100,000 yuan. Article 7 Currency as mentioned in this Interpretation refers to RMB and foreign currency that can be circulated or exchanged in the domestic market. The denomination of the currency is calculated in RMB, and other currencies are converted into RMB according to the foreign exchange quotation published by the State Administration of Foreign Exchange at the time of committing the crime. Provisions of the Supreme People's Procuratorate and the Ministry of Public Security on the Prosecution Standards for Economic Crimes (Case of Financial Staff Buying and Converting Counterfeit Money (Paragraph 2 of Article 17 1 of the Criminal Law) If the staff of banks or other financial institutions buy counterfeit money or convert it into money by taking advantage of their position, they shall be prosecuted. In China, the law clearly stipulates the determination of the behavior of financial staff buying counterfeit money. For different circumstances involved, or the amount of counterfeit money involved is different, then the sentencing treatment is also different, and the specific situation can be determined by the court according to the actual situation.