The company gets the project but has no money and asks employees to lend money with interest. Is it illegal for the company to raise funds?

1. If the following four conditions are met, it shall be determined as "illegal absorption of public deposits or disguised absorption of public deposits" as stipulated in Article 176 of the Criminal Law, unless otherwise provided for in the Criminal Law: 1) Without the legal approval of the relevant departments Or borrowing legal business forms to absorb funds; 2) Promote to the public through the media, promotion meetings, leaflets, mobile phone text messages, etc. (3) Commitment to repay principal and interest or pay returns in the form of currency, physical objects or equity within a certain period of time; 4) Absorb funds from the public, that is, unspecified social objects.

Absorbing funds from relatives, friends or units from specific targets without publicizing it to the public does not constitute illegal absorption or disguised absorption of public deposits.

2. Illegal fund-raising by fraudulent means and any of the following circumstances may be deemed as “illegal possession for the purpose”: (1) The fund-raising is not used for production and business activities, or the fund-raising scale is obviously inconsistent with the scale of the fund-raising. Disproportionate, making it impossible to return the funds raised; (2) squandering the funds raised so that the funds cannot be returned; (3) escaping with the funds; (4) using the funds raised for illegal and criminal activities; (5) evading , transfer funds, conceal property, and evade the return of funds; (6) conceal or destroy accounts, or engage in fake bankruptcy or bankruptcy to avoid withdrawing funds; (7) refuse to explain the whereabouts of funds and evade the return of funds; 8) can be deemed illegal Other circumstances for the purpose of possession.

3. Your statement is very vague, and you need to look at the specific criminal circumstances and behaviors.