Illegal cashing:
1. Illegal cashing refers to changing the use of funds through false transactions and using the collected funds for illegal purposes or other prohibited purposes;
2. Take advantage of the subtle differences between the prices of the same product or almost equivalent products in different markets to make profits.
Relevant judicial interpretations:
1,12 In 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, which stipulated that "in violation of state regulations, cash is directly paid to credit card holders by means of fictitious transactions, false pricing, cash return, etc., and if the circumstances are serious, it shall be in accordance with Article 200 of the Criminal Law.
2. The so-called serious circumstances mean that the cash amount exceeds 6,543,800 yuan, or the financial institution is overdue by more than 200,000 yuan, or the economic loss of the financial institution exceeds 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.