How many years in prison do counterfeiters face?
(Baonghean.vn) - What is the maximum penalty for a person transporting counterfeit valuable papers worth 500 million VND? This is a matter of concern for Bui Minh Tuan (Thai Hoa, Nghe An).
Pursuant to Clause 4, Article 208 of the 2015 Penal Code, it is stipulated as follows:
Crime of making, storing, transporting, circulating counterfeit transfer instruments or other counterfeit valuable papers.
1. Anyone who makes, stores, transports or circulates counterfeit negotiable instruments or other counterfeit valuable papers shall be subject to imprisonment from 02 to 07 years.
2. Committing a crime in the case of a counterfeit transfer instrument or other counterfeit valuable papers with a value equivalent to from VND 10,000,000 to less than VND 100,000,000, shall be punishable by imprisonment from 05 years to 10 years.
3. Committing a crime in the case of a counterfeit transfer instrument or other counterfeit valuable papers with a value equivalent to from VND 100,000,000 to less than VND 300,000,000, shall be punishable by imprisonment from 10 years to 15 years.
4. Committing a crime in the case of a counterfeit transfer instrument or other counterfeit valuable papers with a value equivalent to VND 300,000,000 or more shall be punishable by imprisonment from 15 to 20 years.
5. The offender may also be fined from VND 10,000,000 to VND 100,000,000 or have part or all of his/her property confiscated.
Accordingly, those who transport counterfeit documents worth the equivalent of 500 million VND could face a maximum penalty of 20 years in prison.
In addition, the offender may also be fined from 10,000,000 to 100,000,000 VND or have part or all of his/her property confiscated.