The provisions of the Criminal Law on the sentencing of the crime of defrauding loans are as follows: whoever causes heavy losses to banks and other financial institutions or has other serious circumstances shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention, and shall also or only be fined; Whoever causes particularly heavy losses to banks or other financial institutions or has other particularly serious circumstances shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years and shall also be fined. The subject of this crime can be either a natural person or a unit.

Legal objectivity:

Article 175 of the Criminal Law of People's Republic of China (PRC) 68 Whoever borrows credit funds from financial institutions for the purpose of making profits and usures them to others shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention, and shall also be fined not less than one time but not more than five times the illegal income; If the amount is huge, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years, and shall also be fined not less than one time but not more than five times the illegal income. Where a unit commits the crime mentioned in the preceding paragraph, it shall be fined, and the persons who are directly in charge and other persons who are directly responsible shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention.