Shenhu, sentenced to 12 years. Momo (Nasdaq: Momo) is a social application of location based service launched by Beijing Momo Technology Co., Ltd. in August, 201,and it is in a leading position in the field of "stranger socialization" in China. Users can show themselves in Momo through video, text, voice and pictures, discover people nearby based on geographical location, and establish real, effective and healthy social relationships.

Extended data:

specific provision

Illegal fund-raising is an act of promising investors to repay the principal and interest within a certain period of time without the approval of the relevant departments according to law. The form of debt service is mainly currency, but there are also physical and other forms; Raise funds from unspecified objects in society. The "unspecified object" here refers to the public, not a specific minority; Cover up the essence of illegal fund-raising in a legal form. Faced with the chorus of some officials and illegal fund-raising enterprises, it is really hard to say that the latter must have dragged the former into the water, and it is hard to say that the former just "inadvertently" turned into a "live prop" and an "accessory". The public security and judicial organs severely crack down on illegal fund-raising activities according to law, and must not let these ambiguous "live props officials" go. As long as you participate in the "performance" of illegal fund-raising, you must bear the responsibility of party discipline and political discipline and legal responsibility, whether it is only the appearance fee or further operation.

Correlation classification

According to the relevant provisions of the Notice on Further Combating Illegal Fund Raising (Yinfa [1999] No.289), "illegal fund raising" can be summarized as follows:

(1) Absorb funds by issuing securities, membership cards or debt certificates.

It is common to issue shares, bonds, lottery tickets, investment funds and other rights certificates in the name of futures trading, pawn, etc. or illegally raise funds. Illegal fund-raising by claiming shares, participating in dividends, entrusting investment, entrusting financial management, etc. Illegal fund-raising through membership cards, membership cards, seat cards, discount cards, consumption cards, etc.

(2) Divide real estate, real estate and other assets into equal parts, and raise funds at high interest rate by selling their shares.

The latest change is: illegal fund-raising by selling its share and promising to sell it for leaseback, after-sale repurchase and regular rebate.

(3) Illegal fund-raising in the form of folk clubs.

Recent changes: using underground banks to raise funds.