Zhaolian Financial identifies the characteristics of illegal fundraising and stays away from the tra

Mondo Finance Updated on 2024-02-02

In recent years, illegal fund-raising under various guises and tricks has been rampant, making it difficult to prevent it. What are the manifestations and common methods of illegal fundraising? What kind of harm will it cause? How to identify illegal fundraising? In response to the hot topics that many people are concerned about, Zhaolian Financial exposes the mask of illegal fundraising through typical cases.

Typical Cases:

Illegal fund-raising activities emerge one after another, and criminals use high returns, zero risks, and guarantees as bait to lure investors into "entering the game" by fabricating investment projects, causing property losses to investors. Recently, the Intermediate People's Court of a certain region concluded a case of illegal fundraising. Defendant Zhang packaged himself as the owner of a company with strong financial strength, and used a live broadcast on a certain platform to hype up an investment project of agricultural ecology, falsely claiming that investors only need to invest more than 10,000 yuan each, and they can get double the investment principal after one month. In just two months, Zhang successfully defrauded more than 200 investors and defrauded tens of millions of funds. The court held that Zhang's behavior constituted the crime of fund-raising fraud and sentenced Zhang to 13 years in prison in accordance with law.

Zhaolian Consumer Finance Warm Reminder:

Illegal fundraising refers to the illegal and criminal acts of units or individuals absorbing public funds without obtaining the approval of financial regulators in accordance with the law or engaging in financial activities in accordance with the requirements of relevant laws and regulations. Although criminals repeatedly package illegal fundraising activities and lure investors into traps through various means, they can generally be identified by the following characteristics:

Advocate high returns. Criminals often promise investors high returns, and fulfill their promises on time and in full at the beginning of the project, and once the funds are raised to a certain scale, they will "close the long line and catch a big fish", and flee with the raised funds, causing investors to suffer property losses.

Falsely claiming "official background". Criminals often fabricate fake projects, organize on-site inspections, and falsely claim that the project has an "official background" in order to deceive investors.

Use propaganda to build momentum. Criminals are good at forming network voices through ** water army, making various news releases, and inviting celebrities to stand on the platform to build momentum.

Woo acquaintances to lure you. Criminals take advantage of investors' weak awareness of acquaintances and adopt the method of recommending acquaintances to return high commissions, so that the participants in illegal fundraising continue to expand and spread.

Zhaolian Financial reminds the general public that despite the country's heavy blows, illegal fund-raising criminal cases are still high and frequent, and the funds involved are generally huge, seriously undermining the order of financial management and infringing on the property safety of the people. On the basis of studying and applying the law, the broad masses of the public should further enhance their professional understanding of illegal fundraising, and comprehensively enhance their understanding of and ability to prevent illegal fundraising.

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