Illegal fund-raising is a crime, and if the behavior has reached a serious level, it constitutes a crime of fraud. The situation of illegal fund-raising is to obtain money by fraudulent means for the purpose of illegal possession and absorb funds from unspecified objects. Illegal fund-raising is a crime, and if the behavior has reached a serious level, it constitutes a crime of fraud. The situation of illegal fund-raising is to obtain money by fraudulent means for the purpose of illegal possession and absorb funds from unspecified objects.
Sentencing standard of the crime of illegal fund-raising
Sentencing standard of illegal fund-raising: for the purpose of illegal possession, illegal fund-raising by fraudulent means, if the amount is relatively large, shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years, and shall also be fined; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than seven years or life imprisonment, and shall also be fined or confiscated. Article 192 of the Criminal Law of People's Republic of China (PRC) stipulates that anyone who illegally raises funds by fraud for the purpose of illegal possession shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years and fined; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than seven years or life imprisonment, and shall also be fined or confiscated.
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Legal basis: Article 192 of the Criminal Law stipulates that anyone who illegally raises funds by fraud for the purpose of illegal possession shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years and fined; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than seven years or life imprisonment, and shall also be fined or confiscated.
If a unit commits the crime mentioned in the preceding paragraph, it shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be punished in accordance with the provisions of the preceding paragraph.