Is Ronglian Finance an illegal fund-raising?

The main purpose of financial fraud is illegal possession, accompanied by deception and concealment. The contents of fraud mainly include public and private property or the credit of financial institutions. The subject of financial fraud can be an individual or a unit. Generally speaking, financial fraud is an ordinary fraud, but it is a special fraud in fraud. The charges of financial fraud all stipulate property punishment, that is, a single fine or a fine; Those sentenced to life imprisonment or death shall have their property confiscated. The crimes punishable by death include fund-raising fraud, bill fraud, financial voucher fraud and letter of credit fraud. There are five kinds of crimes that a unit can constitute: fund-raising fraud, bill fraud, letter of credit fraud and insurance fraud.