Two, personal loans of 654.38 million yuan, belonging to a large amount, should be investigated for criminal responsibility.

Legal Link Article 193 of the Criminal Law commits the crime of loan fraud under any of the following circumstances. Whoever defrauds a bank or other financial institution of loans 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 re-guarantee beyond the value of collateral;

(5) obtaining loans by other means.

Extended data:

The crime of loan fraud stipulated in China's criminal law pays attention to protecting financial order and financial security of the financial industry, but the awareness of protecting credit security is not strong. As we all know, the principle of good faith is the basic principle that market subjects must follow in the market economy. Commodity circulation, transaction operation and financing are inseparable from the principle of good faith.

It can be said that the more developed the market economy is, the more important the credit security is. Financial transactions between financial market entities must be truly trustworthy and fulfill their obligations, which is the credit principle of financial market operation. Financial activities are based on a high degree of credit. Without credit, financial activities will be paralyzed.

It is hard to imagine that a country with a credit collapse will establish a mature and healthy market economy and have a developed and perfect financial industry. Because of the importance of credit to the development of financial industry, it can be said that credit is the life of finance.