Legal Subjectivity:
If you use false data and false information to induce others to invest with the promise of profit, it constitutes fraud and constitutes a crime of fraud. The crime of fraud refers to the act of defrauding a relatively large amount of public or private property by fabricating facts or concealing the truth for the purpose of illegal possession. Legal objectivity:
Article 181 of the "Criminal Law of the People's Republic of China" fabricates and disseminates false information that affects securities and futures trading, disrupts the securities and futures trading market, and causes serious consequences , shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also or solely be fined not less than 10,000 yuan but not more than 100,000 yuan. Employees of stock exchanges, futures exchanges, securities companies, futures brokerage companies, staff of the Securities Industry Association, Futures Industry Association, or securities and futures regulatory authorities who intentionally provide false information or forge, alter, or destroy transaction records to deceive Investors who buy or sell securities or futures contracts, causing serious consequences, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and may also be fined not less than 10,000 yuan but not more than 100,000 yuan; if the circumstances are particularly egregious, they shall be sentenced to fixed-term imprisonment of not less than five years but not more than 10 years. Imprisonment and a fine of not less than 20,000 yuan but not more than 200,000 yuan.