Whoever cheats100000 shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined not less than 50000 yuan but not more than 500000 yuan or confiscated property;

The amount of fraud reached100000, which is a very huge situation and has exceeded the legal standard of "extremely huge amount". Fraud of public or private property in the amount of more than 3,000 yuan to 10,000 yuan, more than 30,000 yuan to 100,000 yuan, and more than 500,000 yuan, respectively, were identified as "a large amount", "a huge amount" and "a particularly huge amount";

Elements of fraud:

1, object elements, the object of fraud is the ownership of public and private property. The object of the crime of fraud is limited to the property of the state, the collective or the individual, and no other illegal interests may be defrauded. Some criminal activities, although they also use some deception and even pursue some illegal economic interests, are not or are not limited to the ownership of public and private property. So it does not constitute fraud.

2, objective elements, the crime of fraud is objectively manifested in the use of fraud, defrauding a large amount of public and private property;

3. Subject elements: the subject of the crime of fraud is a general subject, and any natural person who reaches the legal age of criminal responsibility and has criminal responsibility ability can constitute the crime of fraud;

4. Subjective elements: The crime of fraud is subjectively direct and intentional, with the purpose of illegally occupying public and private property. Under different criminal circumstances, the punishment for criminals of fraud is different, that is to say, the specific imprisonment time of criminals is different. The highest time is life imprisonment.

To sum up, defrauding 10 million yuan can be considered as a huge amount of fraud, and the criminal suspect will be sentenced to fixed-term imprisonment of10 years or life imprisonment by the people's court, with a fine or confiscation of property.

Legal basis:

Article 266 of the Criminal Law of People's Republic of China (PRC)

Whoever defrauds public or private property in a relatively large amount 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 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.