Amount standards for the crime of contract fraud

The amount standards for the crime of contract fraud are as follows:

1. If the amount of contract fraud is more than 20,000 yuan and less than 200,000 yuan, it is considered a "large amount" and a case should be filed for prosecution. The person shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention, and shall also or solely be fined;

2. If the amount of contract fraud is more than 200,000 yuan and less than 1 million yuan, it is considered a "huge amount" and shall be sentenced to not less than three years and not less than ten years. to fixed-term imprisonment of not more than 10 years and to a fine.

3. If the amount of contract fraud reaches the standard of relatively large amount and one of the following circumstances occurs, it shall be classified as "other serious circumstances" and shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years, and shall also be fined:

(1) Defrauding funds and materials for disaster relief, emergency rescue, flood prevention, special care, poverty alleviation, immigration, relief, and medical care;

(2) Committing fraud in the name of raising funds for disaster relief;

< p>(3) Defrauding the disabled, elderly or people who have lost the ability to work out of their property;

(4) Causing suicide, mental disorder or other serious consequences to the victim;

( 5) Belonging to the ringleader of a fraud group;

(6) Other serious circumstances.

4. If the amount of contract fraud is more than 1 million yuan, it is classified as "especially huge amount" and shall be sentenced to fixed-term imprisonment of more than ten years or life imprisonment, and shall also be fined or have property confiscated.

Legal basis: Article 167 of the "Criminal Law of the People's Republic of China"

The crime of dereliction of duty in signing and performing contracts is directly committed by state-owned companies, enterprises and institutions. If a responsible person in charge is defrauded due to serious irresponsibility in the process of signing or performing a contract, causing heavy losses to national interests, he shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention; if he causes particularly heavy losses to national interests, he shall be sentenced to three years in prison. A term of imprisonment of not less than seven years but not more than seven years.