The crime of loan fraud will be committed in the following circumstances: 1, fabricating false reasons such as introducing funds and projects to defraud banks or other financial institutions of loans. 2. Using false economic contracts to defraud banks or other financial institutions of loans. 3. Using false documents to defraud loans from banks or other financial institutions. 4, using false proof of property rights as a guarantee or repeated guarantee beyond the value of collateral, defrauding banks or other financial institutions of loans. 5. Cheating loans from banks or other financial institutions by other means. Article 193 of the Criminal Law of People's Republic of China (PRC) and Article 50 of the Provisions of the Ministry of Public Security of the Supreme People's Procuratorate on the Standards for the Public Security Organs to Jurisdicte Criminal Cases (II)
Legal objectivity:
Article 193 of the Criminal Law defrauds banks or other financial institutions of loans for the purpose of illegal possession, and if the amount is relatively large, he 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 particularly 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 his property shall be confiscated: (1) 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 repeated guarantee beyond the value of collateral; (5) obtaining loans by other means.