2. For criminals who have squandered illicit money, if the criminals have their personal property, the court may seal up and confiscate the personal property of the criminals, and auction or sell it at a discount, and the proceeds will be used to make up for the losses of the victims.
2. The victim may also file an incidental civil action, demanding that the criminal repay the theft loss. If he is unable to repay, the court will suspend execution and resume execution when there is property available for execution.
Legal basis: People's Republic of China (PRC) Criminal Law.
Article 264 Whoever steals a large amount of public or private property, or repeatedly steals, enters a house, carries a weapon or pickpockets, 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; 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 especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated.
Criminal Procedure Law of the People's Republic of China
Article 101 If the victim suffers material losses due to the criminal act of the defendant, he has the right to bring an incidental civil action in criminal proceedings. If the victim dies or loses his capacity for civil conduct, his legal representative and close relatives have the right to file an incidental civil action.
If state property or collective property suffers losses, the people's procuratorate may bring an incidental civil action when it brings a public prosecution.
Article 102 When necessary, the people's court may take such preservation measures as sealing up, distraining and freezing the defendant's property. The plaintiff or the people's procuratorate in an incidental civil action may apply to the people's court for preservation measures. The people's court shall adopt preservation measures and apply the relevant provisions of the Civil Procedure Law.
Article 144 People's procuratorates and public security organs may, according to the needs of investigating crimes, inquire about and freeze the deposits, remittances, bonds, stocks, fund shares and other property of criminal suspects in accordance with regulations. The relevant units and individuals shall cooperate.
If a criminal suspect's deposits, remittances, bonds, stocks, fund shares and other properties have been frozen, they may not be frozen again.
Article 272 A judgment of confiscation of property, whether applied additionally or separately, shall be executed by the people's court; When necessary, it may be executed jointly with the public security organ.