Those who make false mortgages to defraud loans are considered loan fraud and will be sentenced based on the amount of the loan defrauded. If the amount is larger, they will be sentenced to fixed-term imprisonment of not more than five years or criminal detention. According to the relevant laws of our country, the crime of loan fraud includes one of the following circumstances: for the purpose of illegal possession, defrauding banks or other financial institutions of loans, if the amount is relatively large, they shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined 20,000 yuan A fine of not less than 200,000 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 10 years, and a fine of not less than 50,000 yuan but not more than 500,000 yuan; if the amount is particularly huge or there are other particularly serious circumstances , 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) Making up false reasons for introducing funds, projects, etc.;

(2) Using false economic contracts;

(3) Using false certification documents;

(4) Using false property rights certificates as guarantees or exceeding The value of the collateral is repeatedly guaranteed;

(5) The loan is defrauded by other methods.

Legal Basis

Article 193 of the Criminal Law of the People's Republic of China and the People's Republic of China The crime of loan fraud has one of the following circumstances: defrauding a bank for the purpose of illegal possession or other financial institutions, 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 not less than five years but not more than 10 years. If the amount is particularly huge or there are other particularly serious circumstances, the sentence shall be fixed-term imprisonment of not less than 10 years or life imprisonment and a fine of not less than 50,000 yuan but not more than 500,000 yuan, or Confiscation of property: (1) fabricating false reasons for introducing funds, projects, etc.; (2) using false economic contracts; (3) using false certification documents; (4) using false property rights certificates as guarantees or exceeding the amount of collateral Duplicate guarantees of value; (5) Fraudulent loans through other methods.