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How long does it usually take to close a fraud case?
Legal analysis: fraud cases can be closed in about seven months. How long the fraud case will be closed depends on when the facts and evidence of the fraud case can be determined. For each case, the time is different. After the report is accepted by the public security organ, if the public security organ initially considers that it meets the filing criteria, it may file a case. Generally speaking, it takes about seven months to one year from the suspect to the case to the end of the case. Of course, according to the complexity of the case, the number of fraud gangs is particularly large, and it may be longer in the case of a large number of victims.

Legal basis: Interpretation of the Supreme People's Court and the Supreme People's Procuratorate on Several Issues Concerning the Specific Application of Laws in Handling Criminal Cases of Fraud Article 1 Whoever cheats public or private property in an amount of more than 3,000 yuan, more than 30,000 yuan, more than 100,000 yuan and more than 500,000 yuan shall be deemed as "large amount", "huge amount" and "extremely huge amount" as stipulated in Article 266 of the Criminal Law respectively. The higher people's courts and people's procuratorates of all provinces, autonomous regions and municipalities directly under the Central Government may, in combination with the economic and social development of the region, jointly study and determine the specific amount standards implemented in the region within the scope of the amount specified in the preceding paragraph, and report them to the Supreme People's Court and the Supreme People's Procuratorate for the record.

Article 266 of the Criminal Law of People's Republic of China (PRC) stipulates that whoever defrauds public or private property in a relatively large amount shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also, or shall only, be fined or have other serious circumstances, be sentenced to fixed-term imprisonment of not less than three years but not more than 10 years, fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated. Where there are other provisions in this Law, such provisions shall prevail.

Article 49 of the Law of People's Republic of China (PRC) on Public Security Administration Punishment: Whoever steals, swindles, plunders, robs, extorts or intentionally damages public or private property shall be detained for more than five days and less than ten days, and may also be fined less than 500 yuan. If the punishment is heavier, he shall be detained for more than 10 days and less than 15 days, and may also be fined less than 1,000 yuan.