Look at the case, understand the routine, prevent illegal fund-raising!

"Low threshold, zero risk, high interest, daily return"

Have you ever been tempted by so many temptations?

Be vigilant!

These are illegal fund-raising "cover-up"!

Today

Will take you to understand

What is illegal fundraising?

How to "keep the money bag and protect the happy family"

illegal absorption of public deposits case

Brief of the case

In August 2017, the defendants Xie mouyou and Xie moufu opened stores in a residential area in Jinghong city, Xishuangbanna prefecture, and a commercial city in Simao district, pu' er city. under the banner of purchasing "haibo huicheng" or "tuanle net" products and obtaining rebate cash after registering as members, they publicized the purchase of virtual products to unspecified groups in the society. From August 2017 to April 2018, the two absorbed a total of more than 490000 yuan from 34 people including Luo in this way.

In October 2019, the defendant Xie a friend and in the process of operating health care products sales in Hanlin Street, Panzhou City, Guizhou Province, to invest in, buy back "Guangdong Hemisphere brand water purifier and escort bed" can be a daily fixed income to non-specific groups of people to promote and collect money. From October 2019 to January 2020, Xie Mouyou absorbed a total of more than 270000 yuan from 13 people including Liu in this way.

Eventually, the two were arrested. The defendant Xie Mouyou was sentenced to one year and ten months' imprisonment and a fine of 20000 yuan for the crime of illegally absorbing public deposits; the defendant Xie Moufu was sentenced to one year's imprisonment and a fine of 10000 yuan for the crime of illegally absorbing public deposits.

What is illegal fundraising?

Illegal fund-raising refers to the act of absorbing funds from unspecified objects by promising to repay principal and interest or giving other investment returns without the permission of the financial management department of the State Council or in violation of the provisions of national financial management.

Illegal fund-raising activities are very harmful to society. After criminals gather funds through deception, they squander, waste, transfer or illegally possess them arbitrarily, making it difficult for illegal fund-raising participants to recover their funds and suffer economic losses. In serious cases, they even lose their money and lose their money. At the same time, illegal fund-raising seriously interferes with the normal economic and financial order of society, which can easily lead to social risks.

Common routines:

1. Member rebates. Members or franchisees still need to pay a certain amount of entry fee or a disguised form of entry fee to obtain membership, and promise that customers can obtain high rebates by directly recommend others to purchase the company's products after purchasing them, and rely on expanding offline to obtain benefits.

2. The temptation of high interest. Taking advantage of the people's desire for high profits, the people who lack financial knowledge are tempted to invest by promising high interest rates three to five times higher than bank deposits in the same period. After the masses invest, they will fulfill their promises by borrowing the new to repay the old, and attract more people to buy shares until the capital chain is broken.

3. Acquaintances spread. Through word of mouth between relatives and friends, mutual publicity and promotion to attract people to invest, the masses are confused by the case publicity of acquaintances investing in profits and trust in acquaintances, and fall into the quagmire of illegal fund-raising.

case warning

Ordinary people must think twice when investing in financial management:

Choose a formal financial institution. For various investment and financial institutions in the society, it is necessary to distinguish whether they have the business qualifications to engage in financial activities, and if necessary, consult the local financial regulatory authorities for confirmation.

2. To strengthen screening, prudent operation. For a wide variety of companies in the community, prudent conduct business activities. If you have a financial business license and can provide a financial business license, it is recommended to check the license filing information on the website of the financial management department.

3. To reasonably measure the benefits and risks, firmly believe that the sky will not fall pie. Illegal fund-raising often tempts the masses to participate with high returns, but illegal fund-raisers often squander their funds or use them to pay interest on pre-borrowing, which generally lacks profit-making means and is difficult to cover high interest support, making it easy to break the capital chain.

I hope everyone will be more vigilant.

Remind friends and relatives around

Refuse the temptation of high interest and stay away from illegal fund-raising!

(Source: Yunnan Political Science and Law WeChat Public Number)