Whoever commits the crime of misappropriating public funds shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and if the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not less than five years. Whoever misappropriates a huge amount of public funds and fails to return it shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment.
Legal basis: Article 185 of the Criminal Law stipulates that commercial banks, stock exchanges, futures exchanges, securities companies, futures brokerage companies, insurance companies or other financial institutions, in violation of their fiduciary obligations, use clients' funds or other entrusted or entrusted properties without authorization, and if the circumstances are serious, they shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention, and shall also be fined not less than 30,000 yuan but not more than 300,000 yuan. If the circumstances are especially serious, 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 not less than 50,000 yuan but not more than 500,000 yuan.
Social security fund management institutions, housing provident fund management institutions and other public fund management institutions, as well as insurance companies, insurance asset management companies and securities investment fund management companies, use funds in violation of state regulations, and the directly responsible personnel in charge and other directly responsible personnel shall be punished in accordance with the provisions of the preceding paragraph.