2024/9/2 凌晨12:25 Criminal Law of the People's Republic of China (3) using another’s credit card without authorization; or (4) malicious overdraft. “Malicious overdraft" as mentioned in the preceding paragraph refers to the situation where a credit card holder who, for the purpose of illegal possession, draws the account beyond the limit or defaults in paying the debt, and still refuses to make the repayment after the issuing bank gives a notice urging him to pay. Whoever steals a credit card and uses it shall be convicted and punished in accordance with the provisions in Article 264 of this Law. Article 197 Whoever commits fraud by using forged or altered certificates of treasury bonds or any other securities issued by the state, if the amount involved is relatively large, shall be sentenced to fixed-term imprisonment of not more than 5 years or short-term custody, with a fine of not less than RMB 20,000 yuan but not more than RMB 200,000 yuan. If the amount involved is large or there are other serious circumstances, the offender shall be sentenced to fixed-term imprisonment of not less than 5 years but not more than 10 years, with a fine of not less than RMB 50,000 yuan but not more than RMB 500,000 yuan. If the amount involved is especially large or there are other especially serious circumstances, the offender shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, with a fine of not less than RMB 50,000 yuan but not more than RMB 500,000 yuan or confiscation of property. Article 198 Whoever commits insurance fraud in any of the following ways, if the amount involved is relatively large, shall be sentenced to fixed-term imprisonment of not more than 5 years or shortterm custody, with a fine of not less than RMB 10,000 yuan but not more than RMB 100,000 yuan. If the amount involved is large or there are other serious circumstances, the offender shall be sentenced to fixed-term imprisonment of not less than 5 years but not more than 10 years, with a fine of not less than RMB 20,000 yuan but not more than RMB 200,000 yuan. If the amount involved is especially large or there are other especially serious circumstances, the offender shall be sentenced to fixed-term imprisonment of not less than 10 years, with a fine of not less than RMB 20,000 yuan but not more than RMB 200,000 yuan or confiscation of property: (1) a policyholder obtaining insurance proceeds through deliberate falsification of the subject matter of the insurance; (2) a policyholder, an insured or a beneficiary obtaining insurance proceeds by fabricating the cause of an accident or overstating the extent of losses; (3) a policyholder, an insured or a beneficiary obtaining insurance proceeds by making up an accident that never occurred; (4) a policyholder or an insured obtaining insurance proceeds by deliberately causing an accident which results in property damage; or (5) a policyholder or a beneficiary obtaining proceeds by deliberately causing the death, disability or illness of the insured. en.npc.gov.cn.cdurl.cn/2020-12/26/c_921604_10.htm 12/17