What kind of punishment will illegal fund-raising executives receive?
What kind of punishment will illegal fund-raising executives receive? It depends on the specific situation. Article 192 The crime of fund-raising fraud refers to illegal fund-raising by fraudulent means for the purpose of illegal possession. If the amount is relatively large, it shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan or confiscated property. What is illegal fund raising? Illegal fund-raising 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 investors in the form of money, kind and other income within a certain period of time. Illegal fund-raising often shows the following characteristics: first, it is not approved by relevant departments according to law, including fund-raising without the approval of departments with approval authority; The department with the power of examination and approval ultra vires to examine and approve fund-raising. The second is to promise to repay the principal and interest to investors within a certain period of time. In addition to monetary forms, there are also physical forms and other forms of debt service. The third is to raise funds from unspecified objects in society. The "unspecified object" here refers to the public, not a specific minority. The fourth is to cover up the essence of illegal fund-raising in a legal form. Specifically, illegal fund-raising means promising investors to repay the principal and interest within a certain period of time without the approval of the relevant departments according to law. The form of debt service is mainly currency, but there are 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" turned into a "living prop" and an "accessory". The public security and judicial organs severely crack down on illegal fund-raising activities according to law, and must not let these ambiguous "live props officials" go. As long as you participate in the "performance" of illegal fund-raising, you must bear the responsibility of party discipline and political discipline and legal responsibility, whether it is only the appearance fee or further operation. Related Classification According to the relevant provisions of the Notice on Further Combating Illegal Fund Raising (Yinfa [1 999] No.289), "illegal fund raising" can be summarized as: (1) absorbing funds by issuing securities, membership cards or debt certificates. It is common to issue or issue certificates of rights such as stocks, bonds, lottery tickets and investment funds in the name of futures trading and pawn, or illegally raise funds. Illegal fund-raising by claiming shares, participating in dividends, entrusting investment, entrusting financial management, etc. Illegal fund-raising through membership cards, membership cards, seat cards, discount cards, consumption cards, etc. (2) Divide real estate, real estate and other assets into equal parts, and raise funds at high interest rate by selling their shares. ⊙ The latest change is: illegal fund-raising by selling its share and promising to sell it for leaseback, after-sale repurchase and regular rebate. (3) Illegal fund-raising in the form of folk clubs. ⊙ Recent changes: using underground banks to raise funds. (four) illegal fund-raising in the form of signing economic contracts such as commodity distribution. ⊙ Common ways are: selling and leaseback, repurchase and transfer, developing members, joining businesses and illegal fund-raising by "quick points method". (5) Issuing lottery tickets or issuing them in disguised form to raise funds; (six) illegal fund-raising in the form of pyramid schemes 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, ecological and environmental protection investment, etc. (eight) the use of modern electronic network technology to build "electronic shops", "electronic department stores" and other "virtual" products to invest in entrusted operations, repurchase and other illegal fund-raising activities. (nine) illegal fund-raising by setting up investment funds through the Internet; (10) Illegal fund-raising in the form of "electronic gold investment". To sum up, no matter who commits the crime of illegal fund-raising, the standard of punishment is the same. The greater the amount of illegal fund-raising, the heavier the criminal law, and the penalty is more than ten years. Therefore, illegal fund-raising has become the target of crackdown in China. As long as it is committed, it will be severely punished.