The purpose and significance of cracking down on telecom fraud

Legal analysis: The purpose of cracking down on telecom fraud is to maintain social security and stability. Fraud refers to the act of defrauding a large amount of public or private property by fabricating facts or concealing the truth for the purpose of illegal possession. The most prominent feature of fraud is that the perpetrator tries to make the victim have a cognitive illusion, so as to "consciously" deliver the property he owns or holds to the perpetrator or give up the ownership, or exempt the perpetrator from the obligation to return the property.

Legal basis: Article 266 of the Criminal Law of People's Republic of China (PRC) defrauds public or private property, and if the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also or 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. Where there are other provisions in this Law, such provisions shall prevail.