Illegal cashing:
(1) Illegal cashing means changing the use of funds through false transactions, and using the obtained funds for illegal purposes or other prohibited purposes;
(2) take advantage of the subtle differences in prices of the same product or almost equivalent products in different markets to make profits.
Relevant judicial interpretations:
(1) In June, 5438+February, 2009, the Supreme People's Court and the Supreme People's Procuratorate issued the Interpretation on Several Issues Concerning the Specific Application of Laws in Handling Criminal Cases of Impairment of Credit Card Management, stipulating that "in violation of state regulations, cash is paid directly to credit card holders by means of fictitious transactions, false pricing, cash return, etc. by using point-of-sale terminal equipment (POS machines), and if the circumstances are serious, it shall be subject to criminal law.
(2) The so-called serious circumstances refer to the cash amount of more than 6,543,800 yuan, or the overdue payment of financial institutions' funds of more than 200,000 yuan, or the financial institutions' economic losses of more than 6,543,800 yuan. If the cash amount is more than 5 million yuan, or the overdue funds of financial institutions are more than 6.5438+0 million yuan, or the economic losses of financial institutions are more than 500,000 yuan, it shall be deemed as "the circumstances are particularly serious" and sentenced to fixed-term imprisonment of more than 5 years.