Legal basis: Article 183 of the Criminal Law stipulates that any employee of an insurance company who, by taking advantage of his position, deliberately fabricates an insurance accident that has never happened to make false claims and defrauds the insurance money for personal possession, shall be convicted and punished in accordance with the provisions of Article 271 of the Criminal Law on embezzlement, and shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention; If the amount is huge, he shall be sentenced to fixed-term imprisonment of not less than five years and may also have his property confiscated.