1. Leading cases. It refers to the behavior of insurance practitioners taking advantage of loopholes in their positions or company management to commit fund-raising fraud under the guise of insurance products, insurance contracts, or in the name of insurance companies.
The main means are: criminals fabricate insurance financial products, or promise additional income based on the original insurance products, or sign "financial management agreements" with consumers to absorb funds; criminals issue fake insurance policies and purchase them on their own The receipt or the company's invalid receipt is stamped with a personal official seal, or even a direct IOU is issued to defraud funds.
2. Participatory cases. It refers to insurance practitioners’ participation in social fund-raising, private lending and agency sales of non-insurance financial products. The main methods are: insurance practitioners introduce insurance products and non-insurance financial products at the same time, confusing the two products;
Insurance practitioners promise that non-insurance financial products are guaranteed by the reputation of the insurance company, with guaranteed capital and high yields; Inducing insurance consumers to surrender or pledge their policies to obtain cash to purchase non-insurance financial products.
3. Cases of exploitation. It refers to illegal institutions using the credit of insurance companies to mislead and deceive investors to illegally raise funds.
Extended data:
Illegal fund-raising (according to the provisions of the "Notice on Banning Illegal Financial Institutions and Illegal Financial Business Activities") refers to units or individuals that do not comply with relevant departments in accordance with legal procedures. Approval to raise funds from the public through the issuance of stocks, bonds, lottery tickets, investment fund securities or other debt certificates, etc., and promise to repay principal and interest to investors in cash, in kind or other means within a certain period of time.
In order to punish illegal fund-raising crimes such as illegal absorption of 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". Since 2011 Effective from 1 to 4.
Illegal fund-raising is the act of promising investors to repay principal and interest within a certain period of time without legal approval from relevant departments. The form of principal and interest repayment is mainly monetary, but there are also physical and other forms; funds are raised from unspecified objects in society. The "unspecific target" here refers to the public, not a specific few; using legal forms to conceal the essence of illegal fund-raising.
Facing the chorus of some officials and illegal fund-raising enterprises, it is really difficult to say that the latter must have dragged the former into the water, and it is also difficult to say that the former just "inadvertently" became a "living prop". Became an "accessory".
The public security and judicial organs severely crack down on illegal fund-raising activities in accordance with the law and must not let go of these ambiguous "living prop officials". As long as you participate in the "performance" of illegal fund-raising, you must bear party and government discipline and legal responsibility for this, whether you only charge appearance fees or further operations.
Three new functions
Among the 13 suspected illegal fund-raising cases in Hebei, all were in the form of direct absorption of public deposits or fund-raising fraud, and can be roughly divided into debt, equity, and commodity marketing. There are four categories: production and operation, with three new characteristics:
First, there are various ways to illegally raise funds. Most criminals respond to national industrial policies and support and register legal companies or enterprises.
The banner of new rural construction has changed from traditional planting and breeding to engineering projects, technological development, investment and equity, and consumption rebates.
Second, multiple crimes are intertwined.
Criminals intertwined illegal fund-raising with economic crimes such as pyramid schemes and contract fraud. They use pyramid schemes to brainwash fund-raisers first, promising various preferential terms and profit models, and then lure fund-raisers to set up traps.
Generally in the early stages of fund-raising, criminals often take the initiative to "fulfill" their promise of returns, defrauding trust, attracting more people to join, and the scale of fund-raising quickly increases exponentially.
The third is to illegally raise funds for publicity at any cost and use the media to build momentum.
For example, hiring celebrities to endorse, publishing exclusive articles in some media, and using reports to promote the "performance" of illegal enterprises; investing part of the illegally raised funds into public welfare undertakings or making donations;
Employment business Members rushed into the community to distribute leaflets and spread fund-raising information; they organized various activities and distributed cash dividends on-site to allow participants to taste the sweetness first and publicize "experience stories" for illegal fund-raising activities.
Baidu Encyclopedia-Illegal Fund Raising