1. Illegal fund-raising (according to the provisions of the Notice on Banning Illegal Financial Institutions and Illegal Financial Business Activities) refers to the behavior that a unit or individual raises funds from the public by issuing stocks, bonds, lottery tickets, investment fund securities or other creditor's rights certificates without the approval of the relevant departments in accordance with legal procedures, and promises to repay the principal and interest to the investors in cash, in kind or in other ways within a certain period of time.

in order to punish illegal fund-raising crimes such as illegally absorbing public deposits and fund-raising fraud, the Supreme People's Court, together with the China Banking Regulatory Commission and other relevant units, studied and formulated the Interpretation on Several Issues Concerning the Specific Application of Laws in the Trial of Criminal Cases of Illegal Fund-raising, which came into effect on January 4, 211.

2. illegal fund-raising is a promise to repay the principal and interest to the investor within a certain period of time without the approval of the relevant departments according to law. The forms of debt service are mainly monetary, but also physical and other forms; Raise funds from unspecified objects in society.

The "unspecified object" here refers to the public, not a specific minority; Cover up the essence of illegal fund-raising in a legal form. In the face of the chorus of some officials and illegal fund-raising enterprises, it is really hard to say that the latter must have dragged the former into the water, and it is hard to say that the former just "inadvertently" became a "living prop" and became an "accessory".

The public security and judicial organs severely crack down on illegal fund-raising activities in accordance with the law, and they must never let these ambiguous "live prop officials" go. As long as they participate in the "performance" of illegal fund-raising, they must bear the responsibility of party discipline and political discipline and legal responsibility for it, no matter whether they only charge the appearance fee or further operation.

Extended information:

"Illegal fund-raising" can be summarized as follows:

(1) Absorbing funds by issuing securities, membership cards or debt certificates.

it is more common to issue or disguise shares, bonds, lottery tickets, investment funds and other rights certificates, or illegally raise funds in the name of futures trading or pawn. Illegal fund-raising by claiming shares, participating in dividends, entrusting investment and entrusting financial management. Illegal fund-raising through membership cards, membership cards, seat cards, discount cards, consumption cards, etc.

(2) Divide the property, real estate and other assets into equal parts, and raise funds with high interest by selling their share.

The latest change is: illegal fund-raising by selling its share and promising after-sale leaseback, after-sale repurchase and regular rebate.

(3) illegal fund-raising in the form of non-governmental organizations.

recent changes: using underground banks to raise funds.

(4) illegal fund-raising in the form of signing economic contracts such as commodity distribution.

Common methods are: selling and leaseback of goods, repurchase and transfer, developing members, joining merchants and "quick points method".

(5) Raising funds by issuing lottery tickets or issuing them in disguised form;

(6) illegal fund-raising in the form of pyramid selling or secret series;

(7) illegal fund-raising in the form of orchard or manor development.

for example, illegal fund-raising in the name of planting, breeding, project development, manor development, eco-environmental investment, etc.

(8) illegal fund-raising is carried out by using "virtual" products constructed by modern electronic network technology, such as "electronic shops" and "electronic department stores" to invest in entrusted operations and repurchase at maturity.

(9) illegal fund-raising in the form of setting up investment funds through the Internet;

(1) illegal fund-raising in the form of "electronic gold investment".

Baidu encyclopedia-illegal fund-raising.