wholesale plain ear plugs for making jewelry What is the definition of illegal fund -raising
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rant and rave wholesale jewelry According to the "Notice on the Prohibition of illegal financial institutions and illegal financial business activities", illegal fund -raising means that the unit or individual fails to issue shares, bonds, lottery, investment fund securities or other creditor rights in accordance with the relevant departments in accordance with the legal procedures. The voucher approaches the public to the public, and promises to pay the principal and interest to the investors in a certain period of time within a certain period of time. In order to punish illegal fund -raising criminal activities such as illegal absorption of public deposits and fundraising fraud, the Supreme People's Court, together with relevant units such as the China Banking Supervision and Administration Commission, and other relevant units, have studied and formulated the "Explanation of Several Issues on Specific Specific Application Laws of Criminal Cases of illegal Fund". Judicial interpretation will be implemented from January 4, 2011.
[Legal basis]
"Criminal Law"
176 illegal absorption of public deposits or disguised public deposits and disrupted financial order shall be sentenced to imprisonment or detention of less than three years, The fines or more than 20,000 yuan or less than 20,000 yuan; if the amount is huge or other serious circumstances, it will be imprisoned for three years and less than ten years, and a fine of more than 500,000 yuan or less than 500,000 yuan. If the unit offend the previous crime, the unit will be punished and the person in charge and other responsible persons who are directly responsible for will be punished in accordance with the provisions of the previous paragraph.