The crime of loan fraud stipulated by law is to defraud a bank or other institution for the purpose of illegal possession. 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/kloc-0 and not more than 0 years, and shall also be fined not less than 50,000 but not more than 500,000. Illegal occupation of financial assets will face legal responsibility of 1 to 3 years. Illegal behavior is not desirable.