Not necessarily, judging whether it is illegal fund-raising depends on whether it is illegal fund-raising fraud. In any of the following circumstances, it can be considered as "for the purpose of illegal possession":

(1) The raised funds are not used for production and business activities, or are obviously out of proportion to the scale of the raised funds, so that the raised funds cannot be returned;

(two) wantonly squandering fund-raising, so that the fund-raising can not be returned;

(3) fleeing with funds;

(4) The funds raised are used for illegal and criminal activities;

(5) Evading, transferring funds, concealing property or evading the return of funds;

(six) concealing or destroying accounts, or engaging in fake bankruptcy or bankruptcy to escape the withdrawal of funds;

(seven) refused to account for the whereabouts of funds, to escape the return of funds;

(eight) other circumstances that can be identified as the purpose of illegal possession.