Joke Collection Website - Bulletin headlines - Is illegal fund-raising under the control of the police station?
Is illegal fund-raising under the control of the police station?
Legal basis: In the name of selling goods and providing services, the organization and leaders in Article 224 of the Criminal Law of People's Republic of China (PRC) require participants to obtain the qualification of joining by paying fees or purchasing goods and services, and form a hierarchy in a certain order, directly or indirectly based on the number of people who have developed, to induce and coerce participants to continue to develop others to participate and defraud property. Whoever engages in pyramid selling activities that disrupt economic and social order shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention. If the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not less than five years and fined. Provisions of the Ministry of Public Security of the Supreme People's Procuratorate on the Standards for Criminal Cases under the Jurisdiction of Public Security Organs (II) Article 28 Whoever illegally absorbs public deposits or absorbs public deposits in disguised form, disrupting the financial order and is suspected of any of the following circumstances, shall file a case for prosecution:
(1) Individuals illegally absorb or conceal public deposits of more than 200,000 yuan, and units illegally absorb or conceal public deposits of more than1000,000 yuan; (2) Individuals illegally absorb or disguise public deposits by more than 30 households, and units illegally absorb or disguise public deposits by more than 150 households; (3) If an individual illegally absorbs or disguises public deposits, causing direct economic losses of more than 100,000 yuan to depositors, and the unit illegally absorbs or disguises public deposits, causing direct economic losses of more than 500,000 yuan to depositors; (4) Causing adverse social impact; (5) Other serious circumstances disturbing the financial order.
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