Legal analysis: Financial personnel who are defrauded by telecom should report to the police. Financial personnel who have been defrauded by telecommunications should report to the public security organ as soon as possible. If the amount of fraud does not reach 3,000 yuan, it is an illegal act, and it shall be punished for public security management, and the fraudster shall be detained and fined; If the amount of fraud reaches 3,000 yuan, it is a criminal act and is suspected of constituting fraud. The judicial organ shall investigate his criminal responsibility and let the people's court sentence him accordingly.

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.