According to the relevant provisions of Article 266 of the Criminal Law of People's Republic of China (PRC), the crime of fraud refers to the act of fabricating facts or concealing the truth for the purpose of illegal possession, and defrauding public and private property with a large amount. The amount of fraud in the crime of fraud is divided into three standards: large amount, huge amount and particularly huge amount. According to the provisions of Article 1 of the Interpretation on Several Issues Concerning the Specific Application of Laws in Handling Criminal Cases of Fraud, "those who defraud public or private property in an amount of more than 3,000 yuan but less than 10,000 yuan, more than 30,000 yuan but less than 100,000 yuan and less than 500,000 yuan are respectively deemed as" large amount ","huge amount "and" extremely huge amount "as stipulated in Article 266 of the Criminal Law. The higher people's courts and people's procuratorates of all provinces, autonomous regions and municipalities directly under the Central Government may, according to the economic and social development of the region and within the scope of the amount specified in the preceding paragraph, jointly study and determine the specific amount standards implemented in the region and report them to the Supreme People's Court and the Supreme People's Procuratorate for the record. " (1) Criteria for a large amount: individuals who defraud public or private property of 3000- 10000 yuan belong to a "large amount". Whoever defrauds public or private property in a relatively large amount shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also, or shall only, be fined. (2) The standard of huge amount: individuals defrauding public and private property of 30,000-65,438+0,000,000 yuan is a "huge amount". Whoever swindles public or private property in a huge amount or has other serious circumstances shall be sentenced to 3- 10 years in prison and fined. (3) Criterion of extremely large amount: If an individual swindles public or private property of more than 500,000 yuan, it is deemed that the amount of fraud is extremely large. Whoever defrauds public or private property, if the amount is especially huge or there are other particularly serious circumstances, shall be sentenced to fixed-term imprisonment of 10 or life imprisonment, and shall also be fined or confiscated.