Does illegal fund-raising have to be approved by the provincial public security department?

Criteria for filing crimes of illegal fund-raising:

Issuing stocks or corporate bonds without the approval of the relevant competent departments of the state, which is suspected of one of the following circumstances, shall be filed for prosecution:

(1) The issuance amount is more than 500,000 yuan;

(two) although it does not meet the above standard, it is issued without authorization, causing more than 30 investors to buy stocks or corporate bonds;

(three) can not be repaid or repaid in time;

(4) Other serious consequences or other serious circumstances.

For more detailed criteria for filing a case, please leave a message to consult Chongqing Zhihao Law Firm Zhihao Criminal Lawyer Network, which is more authoritative and only handles criminal cases.