The overall situation of illegal fund-raising cases is still grim.
"The overall situation of illegal fund-raising is still grim, the total number of cases is still at a historical high, major cases are frequent, the stock cases in various places are slowly resolved, and new cases are constantly backlogged, which is very stressful." The relevant person in charge of the Central Africa Office said that taking the illegal fund-raising cases of "Kunming Pan Asia" and "e-Rent Bao" as examples, the amount involved in both cases exceeded10 billion yuan.
Due to the increasingly obvious trend of organization and networking of illegal fund-raising, the combination of online and offline has accelerated the spread and spread, and the current regional risks are relatively concentrated. The person in charge said that in 20 16 years, there were 3,562 new cases in the top 10 provinces, involving a total amount of188.7 billion yuan, accounting for 69% and 75% of the total number of new cases and total amount in China respectively.
"In order to escape the blow, criminals often register in A and then carry out illegal fund-raising activities in B and other places. Therefore, many illegal fund-raising cases are cross-provincial and cross-city illegal fund-raising cases, and even cross-border and transnational illegal fund-raising crimes. The illegal fund-raising crimes gradually develop from entities to networks in space. " The person in charge of the Supreme People's Procuratorate said.
Which industry sectors are the "hardest hit areas" for illegal fund-raising? According to the relevant person in charge of the Africa Office, private investment and financing intermediaries are still the hardest hit areas for illegal fund-raising. A large number of institutions without financial licenses, such as investment consulting, non-financing guarantee and third-party financing, illegally carry out financial business activities, and such cases account for more than 30% of the total number of new cases of illegal fund-raising. At the same time, investment and wealth management, non-financing guarantee, P2P peer-to-peer lending and microfinance companies have become new high-risk areas.
Take LU Tong's fund-raising fraud case as an example. From February 20 12 to June 2010, 2003, the defendant LU Tong, in the name of Rong Hui Jiahe (Beijing) Investment Guarantee Co., Ltd., fictionalized that the company had cooperative relations with China Petrochemical Co., Ltd., Beijing Petroleum Branch, Yufu Payment Co., Ltd. and other units, and was able to offer discounts.
The criminal means of illegal fund-raising are also constantly being renovated and upgraded. According to the person in charge, criminals have shifted from the "real economy" fields such as commodity marketing, resource development, planting and breeding to the "capital operation" fields such as wealth management, private placement, crowdfunding and options, and often illegally raise funds under the guise of financial innovation, peer-to-peer lending, "virtual currency", "financial mutual assistance" and "charity", which is greatly intertwined with pyramid schemes.
New economic formats and financial innovations have become new disguises of illegal fund-raising.
Why are illegal fund-raising cases frequent in recent years?
According to the analysis of the relevant person in charge of the Africa Office, first, the downward pressure on the domestic economy is greater, and the production and operation difficulties of enterprises are increasing. Some enterprises maintain the normal operation of enterprises through illegal fund-raising in the early stage. Once the capital chain breaks, the risk of illegal fund-raising will be exposed. Secondly, there are more and more deceptive inducement of illegal fund-raising, which makes it more difficult for investors to distinguish. Thirdly, the regulatory rules of investment consulting, internet finance, third-party wealth management and other industries are unclear and imperfect, and are easy to be used by criminals. Finally, ordinary investors still lack relevant legal policies and financial knowledge.
Internet finance fields such as P2P lending platform, online crowdfunding, and online private equity funds are high-risk areas for illegal fund-raising. According to the relevant person in charge of the People's Bank of China, the trend of illegal fund-raising specialization and "pan-financialization" in the field of Internet finance is obvious. At present, the organizational structure of illegal fund-raising on online platforms is more rigorous and professional. Under the guise of catering to national policies, under the guise of "new economic format" and "financial innovation", business processes and contract texts are professional and standardized, and gimmicks are more novel and confusing. Some illegal organizations or individuals spend a lot of money on packaging and publicity through various media, inviting celebrities, scholars and officials to build momentum on the platform, which is deceptive. Moreover, these platforms are combined online and offline, and the parties involved are "long-term", which can easily lead to mass rights protection incidents.
What are the risks in other areas with high risk of illegal fund-raising?
In the cases of virtual financial management suspected of illegal fund-raising, it is generally based on "mutual assistance", "charity" and "compound interest", without the support of physical projects and clear investment targets, relying on the continuous development of new investors to achieve false high returns. High return, quick return, very attractive. For example, "MMM Financial Mutual Aid Community" claims that it can withdraw 30% of monthly income and 23 times of annual income in 15 days.
In addition, illegal fund-raising activities also show a trend of "going to the countryside and entering the village". In some places, under the banner of cooperative finance, farmers' cooperatives have broken through the principles of "membership system" and "closure" and absorbed funds beyond the scope; Some cooperatives openly set up bank-style business outlets, halls or business counters to deceive and mislead rural people; Some investment and wealth management companies and non-financing guarantee companies have changed their faces, spreading "acquaintance salesmen" in rural areas and fictional high-return wealth management products to absorb funds.
Investors should be wary of false projects that promise high fixed income.
How to combat illegal fund-raising in the future?
The relevant person in charge of the Central Africa Office said that the next step will focus on strengthening the supervision of private investment and financing intermediaries such as investment and wealth management, further strengthen the management of financing advertisements, promote the accelerated introduction of positive and negative lists of financial advertisements, and clarify that no organization or individual other than financial institutions may publish any financing advertisements, and strive to eradicate the soil of illegal fund-raising from the source. To this end, from May to July, the governments of all provinces (autonomous regions and municipalities) will be organized to carry out special investigation activities on the risks of suspected illegal fund-raising and comprehensively promote the Regulations on Disposal of Illegal Fund-raising.
In addition, the relevant person in charge of the office said that enhancing people's financial knowledge and recognition ability is the fundamental way to put an end to illegal fund-raising. The person in charge reminded investors to understand the common means of illegal fund-raising, including promising high fixed income and fabricating false projects in the name of signing contracts, investing in wealth management and investing in stocks; Create momentum with false propaganda; Coax with affection.
The public security organs remind investors that if the promised investment returns are abnormally high, especially in the form of "static" and "dynamic" returns, or in the form of "virtual currency" and "mutual fund assistance", as well as trading investments such as overseas equity, options, futures, energy, minerals, foreign exchange and precious metals, they must be highly vigilant and cautious.