If the borrower provides fake running water when applying for a loan, the bank will issue fake running water to the borrower during the examination and approval process, which will directly lead to the rejection of the loan, the borrower may be blacklisted by the bank, and the bank loan and credit card business may be rejected later. The borrower successfully obtained a loan through fake running water and was discovered by the bank. Once the bank sues the borrower, the borrower may bear criminal responsibility. According to the relevant laws and regulations, if a loan is successfully obtained through false running water, causing heavy losses to banks or other financial institutions, or if there are other serious circumstances, the borrower will be sentenced to fixed-term imprisonment of not more than three years or criminal detention, and concurrently or solely fined.
Legal basis: Article 280 of the Criminal Law of People's Republic of China (PRC).
Crime of forging, altering, buying and selling official documents, certificates and seals of state organs; Crime of stealing, seizing or destroying official documents, certificates and seals of state organs Whoever forges, alters, buys or sells or steals, seizes or destroys official documents, certificates and seals of state organs shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention, public surveillance or deprivation of political rights and shall also be fined; If the circumstances are serious, 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.
Crime of Forging the Seal of a Company, Enterprise, Institution or People's Organization Whoever forges the seal of a company, enterprise, institution or people's organization shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention, public surveillance or deprivation of political rights and shall also be fined.
Crime of forging, altering or buying and selling identity documents Whoever forges, alters or buys or sells resident identity cards, passports, social security cards, driver's licenses and other documents that can be used to prove his identity according to law shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention, public surveillance or deprivation of political rights, and shall also be fined; If the circumstances are serious, 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.