Legal analysis: In case of fraudulent loans, we should deal with it strictly and report it. We should seriously submit this bad business habit or some bad measures to the relevant departments for thorough investigation, and we are responsible for this.

Legal basis: People's Republic of China (PRC) Criminal Law.

Article 193 Whoever defrauds a bank or other financial institution of loans for the purpose of illegal possession under any of the following circumstances, if the amount is relatively large, 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 especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than

(a) fabricating false reasons such as introducing funds and projects; (two) the use of false economic contracts; (3) Using false certification documents; (4) Taking false property rights certificates as collateral or repeatedly guaranteeing beyond the value of collateral; (5) obtaining loans by other means.