Will China Bank be compensated for short message fraud? Can the money be recovered?

1. Bank of China belongs to the national bank, and the national bank will never cheat people's money, so Bank of China is not responsible.

2. Interpretation of the Supreme Court and the Supreme Procuratorate on handling fraud cases

Article 1, defrauding public and private property worth more than 3,000 yuan to 10000 yuan, which is a relatively large amount; More than 30,000 yuan to100,000 yuan is a huge amount.

Article 2. Whoever cheats public or private property to the amount specified in Article 1 of this Interpretation may be given a heavier punishment as appropriate in accordance with Article 266 of the Criminal Law: 1 Whoever cheats an unspecified majority by sending short messages, making phone calls or publishing false information through the Internet, radio and television, newspapers and magazines, etc.

3. Criminal law

Article 266 Whoever defrauds a large amount of public or private property shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also, or shall 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 and fined.

The above provisions are for reference.