Telecommunications fraud is not a financial crime, but telecommunications fraud is a fraud crime. Telecommunications fraud is only a means of committing fraud through electronic communications, and is still fraud in nature. The law stipulates that if the perpetrator defrauds public or private property and the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or surveillance, and shall also or solely be fined; if the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than 10 years. , and impose a fine.

Legal Basis

Article 266 of the Criminal Law

Whoever defrauds public or private property, if the amount is relatively large, shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention or control, and shall be concurrently or solely fined; if the amount is huge or there are other serious circumstances, 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; if the amount is particularly huge or there are other particularly serious circumstances, 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; if the amount is particularly huge or there are other particularly serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than ten years and not less than ten years or life imprisonment, and a fine or confiscation of property. If this law provides otherwise, the provisions shall prevail.