According to the provisions of Article 224 of the Criminal Law of People's Republic of China (PRC), the crime of contract fraud refers to the act of defrauding the other party's property by fictional facts or concealing the truth in the process of signing and performing a contract for the purpose of illegal possession. With the continuous development of China's market economy, the cases of swindling money by signing contracts are becoming more and more serious, which not only infringes on other people's property rights and disturbs the market order, but also is difficult to distinguish and identify with economic disputes, and has become a hot issue in judicial practice. According to the provisions of China's criminal law, if it constitutes the crime of contract fraud, and the amount is relatively large, it shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention, 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 or life imprisonment, and shall also be fined or confiscated. According to Article 224 of the Criminal Law of People's Republic of China (PRC), whoever, for the purpose of illegal possession, defrauds the other party of property in the process of signing and performing a contract, if the amount is relatively large, shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention and shall also, or shall 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 or life imprisonment, and shall also be fined or confiscated: (1) Fictitious units or signing contracts under the name of others; (2) Mortgaging with forged, altered or invalid bills or other false property rights certificates; (three) to perform a small contract or part of the contract first, to deceive the other party to continue to sign and perform the contract, and to have no actual performance ability; (4) After receiving the payment for goods, advance payment or secured property paid by the other party; (5) defrauding the other party's property by other means.