Legal basis: Article 224 of the Criminal Law of the People's Republic of China commits any of the following acts. Whoever, for the purpose of illegal possession, defrauds the other party of property in the process of signing and performing a contract, if the amount is relatively large, shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention and shall also, or shall only, be fined; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years and shall also be fined; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated: (1) signing a contract in the name of a fictitious unit or using someone else; (2) Using forged, altered or invalid bills or other false certificates of property rights as collateral; (3) Deceiving the other party to continue to sign and perform the contract by first performing the small contract or partially performing the contract, without the actual performance ability; (four) after receiving the goods, payment, advance payment or guarantee property paid by the other party; (5) defrauding the other party's property by other means.