The crime of financial fraud refers to the act of defrauding property from the victim by forging or tampering with financial documents such as financial bills and loan contracts, or providing false investment information or luring investment. According to the provisions of the criminal law, the act of defrauding others of their property by false or misleading means, causing the victim to suffer economic losses, constitutes the crime of financial fraud. In the crime of financial fraud, the same characteristics of specific charges include: forging or tampering with financial business documents such as financial bills and loan contracts by false or misleading means, or providing false investment information to induce investment. At the same time, these behaviors will lead to economic losses for the victims. It is worth noting that the criminal responsibility of financial fraud is determined by the amount. If the amount is relatively large, 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; If the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not less than seven years, and shall also be fined or confiscated. Therefore, the perpetrator of the crime of financial fraud should seriously face the legal consequences of his actions.
If the victim has not suffered any economic losses in financial fraud, does it constitute the crime of financial fraud? According to the provisions of China's criminal law, the constitution of financial fraud is based on the economic losses suffered by the victims. If the victim has not suffered any economic losses, it does not constitute the crime of financial fraud, but it may still constitute other related crimes.
Financial fraud is a serious crime, and its criminal means are extremely diverse and harmful. In view of this kind of illegal and criminal behavior, the relevant departments of our country have strengthened supervision and issued a series of laws and regulations to restrain and crack down. At the same time, everyone should have a certain risk awareness in financial investment or other related fields, and be vigilant to avoid becoming a victim.
Legal basis:
Article 267 of the Criminal Law of People's Republic of China (PRC) conducts fraudulent activities in the financial fields such as securities, futures, insurance, trust and guarantee by fabricating facts, concealing the truth or other fraudulent means. If the amount is relatively large, 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; If the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not less than seven years, and shall also be fined or confiscated.