What is illegal fund-raising?

The harm of illegal fund-raising is mainly reflected in: first, illegal fund-raising seriously interferes with the normal economic and financial order, can easily cause social instability and a large number of social security problems, and even trigger social unrest in local areas; second The first is that parties involved in illegal fund-raising will suffer serious economic losses, or even lose their entire fortune and family members. Third, illegal fund-raising is an illegal act, and participants may bear corresponding legal responsibilities and be subject to legal sanctions.