Current location - Trademark Inquiry Complete Network - Futures platform - Illegal fund-raising for production and operation
Illegal fund-raising for production and operation
Legal analysis: illegal absorption of public deposits, mainly used for normal production and business activities, and the absorbed funds can be repaid in time, can be exempted from criminal punishment; If the circumstances are obviously minor, it shall not be treated as a crime. In order to safeguard the interests of the victims and encourage the defendant to reduce social harm, if the fund-raiser uses the funds for production and operation and can repay them in time, he may be exempted from punishment, that is, convicted, but not punished; If the circumstances are obviously minor, the prosecution may even be dismissed without conviction.

Legal basis: Article 192 of the Criminal Law of People's Republic of China (PRC) illegally raises funds by fraud for the purpose of illegal possession. If the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years and shall also 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 seven years or life imprisonment, and shall also be fined or confiscated.

If a unit commits the crime mentioned in the preceding paragraph, it shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be punished in accordance with the provisions of the preceding paragraph.