Secondly, if the amount owed reaches more than 50,000, and the card issuing bank fails to return it for more than 3 months after collecting it twice, it should be considered as "malicious overdraft" in criminal law and suspected of credit card fraud;
Then, if the amount of malicious overdraft is large, and all overdraft interest has been repaid before the public security organ files the case, and the circumstances are obviously minor, criminal responsibility may not be investigated according to law;
Finally, if credit card fraud is carried out, those who have a large amount and serious circumstances will bear criminal responsibility.
1. What are the consequences of being sued for owing 654.38 million yuan to a credit card?
It is possible to go to jail, and those above 5000 yuan are relatively large. If the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan.
Second, the credit card is not repaid, and the main consequences are:
1 will generate high overdue interest.
2. Will be sued by the bank to the court, resulting in legal fees, attorney fees and other economic losses.
3. Individuals will have bad credit records, which will have an impact on future bank cards and loans.
4. The amount owed is more than 6,543,800 yuan, which constitutes the crime of credit card fraud and should be investigated for criminal responsibility.
Legal basis: Article 196 of the Criminal Law of People's Republic of China (PRC) commits the crime of credit card fraud under any of the following circumstances. If the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan, or if there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than 10 years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan, or if there are other particularly serious circumstances, he shall be fined not less than 50,000 yuan but not more than 500,000 yuan.
3. Will online loans go to jail if they are not prosecuted?
Online loans are not prosecuted, and if the circumstances are serious, they will go to jail. If the court decides that the borrower refuses to implement it, the court may investigate the criminal responsibility of the borrower, and if the circumstances are too serious, he will go to jail.