illegal cash-out:
① illegal cash-out means 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 nearly equivalent products in different markets to make profits.
related judicial interpretation:
① In December 29, the Supreme People's Court and the Supreme People's Procuratorate issued the Interpretation on Several Issues Concerning the Specific Application of Laws in Criminal Cases of Impairment of Credit Card Management, which stipulated that "in violation of state regulations, using point-of-sale terminal equipment (POS machines) and other methods to directly pay cash to credit card holders by fictitious transactions, false pricing, cash return, etc., if the circumstances are serious, it shall be in accordance with Article 225 of the Criminal Law.
② The so-called serious circumstances refer to the cash amount of more than 1 million yuan, or the overdue repayment of financial institutions' funds of more than 2, yuan, or the economic loss of financial institutions of more than 1, yuan. If the cash amount is more than 5 million yuan, or if the funds of financial institutions are overdue for more than 1 million yuan, or if the economic losses of financial institutions are more than 5, yuan, it shall be deemed as "the circumstances are particularly serious" and sentenced to fixed-term imprisonment of more than 5 years.