The crime of loan fraud is not punishable by death, and the maximum penalty is life imprisonment. If the amount is particularly huge or there are other particularly serious circumstances, the sentence shall be not less than 10 years in prison or life imprisonment, and a fine of not less than 50,000 yuan but not more than 500,000 yuan, or property confiscation. According to the provisions of Article 193, Paragraph 1, Items 1 and 2 of the Criminal Law of the People's Republic of China, under one of the following circumstances, defrauding banks or other financial institutions of loans for the purpose of illegal possession, If the amount involved is particularly huge or there are other particularly serious circumstances, the person shall be sentenced to fixed-term imprisonment of not less than ten years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan, or have property confiscated: (1) Whoever fabricates false reasons for introducing funds, projects, etc. ; (2) Using false economic contracts. Article 193, Paragraph 1, Items 1 and 2 of the Criminal Law of the People's Republic of China: Under one of the following circumstances, for the purpose of illegal possession, defrauding banks or other financial institutions of loans, the amount is particularly huge Or if there are other particularly serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than ten years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan, or his property shall be confiscated: (1) Making up false reasons for introducing funds, projects, etc.; (2) Using false economic contracts.