What kind of fund-raising is illegal? If you want to raise money to do something, which departments need approval?

1, without the approval of 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 approve fund-raising, that is, the fund-raiser does not have the qualification of fund-raising subject.

2. Promise to repay the principal and interest to investors within a certain period of time. Debt service is mainly in the form of money, but there are also physical and other forms.

3. Raise funds from unspecified social objects. The "unspecified object" here refers to the public, not a specific minority.

4. Cover up the essence of illegal fund-raising in a legal form. In order to cover up their illegal purposes, criminals often sign contracts with investors (victims) and pretend to be normal production and business activities in order to maximize their ultimate goal of defrauding funds.

As long as you have the above four characteristics, it belongs to illegal fund-raising.

In case of illegal fund-raising, first of all, don't panic, and the parties can report the case immediately. When the rights and interests of the parties are infringed, they can safeguard their legitimate rights and interests through legal channels. If necessary, you can invite criminal lawyer Wang+* to learn+* to intervene.