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How to identify illegal cashing
Illegal cashing is to change the use of funds through false transactions and use the collected funds for illegal purposes or other prohibited purposes. Pay cash directly to credit card holders through fictitious transactions, false pricing, cash return, etc. Violation of state order and disruption of market order, if the circumstances are serious, constitutes a crime.

Legal analysis

Whether illegal cashing is suspected of illegal business operation and whether it can be suspended depends on the specific sentence for several years. If it is a fixed-term imprisonment of less than three years and meets the conditions for probation, it can be suspended, otherwise it cannot be suspended. Whoever, in violation of state regulations, illegally cashes out and disrupts market order, if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than one time but not more than five 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 one time but not more than five times the illegal income, or his property shall be confiscated, and he shall engage in franchise or monopoly of commodities or other commodities whose operation is restricted by laws and administrative regulations without permission. Buying and selling import and export licenses, import and export certificates of origin and other business licenses or approval documents stipulated by laws and administrative regulations, illegally engaging in securities, futures and insurance business, or illegally engaging in fund payment and settlement business, and other illegal business activities that seriously disrupt market order without the approval of the relevant competent departments of the state.

legal ground

Article 225 of the Criminal Law of People's Republic of China (PRC), in violation of state regulations, commits one of the following illegal business operations, disrupting market order, and if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also, or shall only, be fined not less than one time but not more than five 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 one time but not more than five times his illegal income or his property shall be confiscated: (1) dealing in franchise, monopoly goods or other commodities whose business is restricted by laws and administrative regulations without permission; (2) buying and selling import and export licenses, import and export certificates of origin and other business licenses or approval documents stipulated by laws and administrative regulations; (three) without the approval of the relevant competent departments of the state, illegally engaged in securities, futures, insurance business, or illegally engaged in fund payment and settlement business; (four) other illegal business activities that seriously disrupt the market order.