Does speculating in gold futures constitute the crime of illegal business operation?
Brief description of the case: My friend is an employee of a company speculating in gold futures, and now he is under criminal detention for the crime of illegal business operation. Does speculating in gold futures constitute a crime and how will it be sentenced? The crime of illegal business operation refers to the illegal business operation of franchised goods or other goods with restricted trade without permission, buying and selling import and export licenses, import and export certificates of origin, business licenses or other approval documents stipulated by laws and administrative regulations, and engaging in other illegal business operations that disrupt market order and have serious circumstances. Operating gold futures without permission or in disguised form to disturb the market order will constitute this crime. Whoever constitutes the crime of illegal business operation according to relevant laws and regulations shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than/kloc-0 but not more than 5 times the illegal income. If the circumstances are especially serious, he shall be sentenced to fixed-term imprisonment of not less than five years, and shall also be fined not less than/kloc-0 but not more than 5 times the illegal income, or his property shall be confiscated. If a unit commits the crime of illegal business operation, it shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be punished in accordance with the above provisions. For more knowledge and articles related to this crime, please visit Defend You. Sentencing standard of the crime of illegal business operation. Case related to this website: P, a Macao compatriot, is suspected of illegal business operation, and our lawyers provide professional legal help for him, editing and sorting out your defense website.