Too Bad I Take Things Seriously - Chapter 463 - 198: Safety Net Charge: Crime of Illegally Absorbing Public Deposits_4

... lly, if someone fails to repay a borrowed loan due to personal financial crises or similar situations, and genuinely cannot repay the debt, the circumstances of the fraud charge may appear relatively minor. According to the law, the punishment can then be reduced.

By the same logic, if the failure to repay borrowed money is due to intentional default, the circumstances of the fraud charge will be considered very serious. This is classified as malicious fraud, and the sentencing will be m ...