Hold on to your money bags
Take care of your happy home
Awareness Month on the Prevention of Illegal Fundraising
June is the national "Keep the Money Bag, Protect the Happy Home" to prevent illegal fundraising publicity month. In order to increase the publicity on the prevention of illegal fundraising, enhance the people's awareness of risk prevention, protect the legitimate economic interests of the people, maintain the order of the socialist market economy, and optimize the business environment under the rule of law. Today, let's learn the knowledge of preventing illegal fundraising, keep the money bag, and protect the happy home! The People's Government of Shanghewan Town warmly reminds you and your family to take the initiative to prevent risks, consciously resist and stay away from illegal fundraising.
One
What is illegal fundraising?
According to the Regulations on the Prevention and Handling of Illegal Fundraising, illegal fundraising refers to the act of absorbing funds from unspecified targets by promising to repay principal and interest or giving other investment returns without the permission of the financial management department of the State Council in accordance with the law or in violation of national financial management regulations.
Two
Basic characteristics of illegal fundraising
Illegal fundraising must meet three elements at the same time: first, "without the permission of the financial management department of the State Council in accordance with the law or in violation of national financial management regulations", that is, illegality; the second is "promising to repay principal and interest or give other investment returns", that is, inducement; The third is to "absorb funds from unspecified objects", that is, sociality.
Three
Common methods of illegal fundraising
1. Promise high returns
Criminals fabricate the myth of "pie in the sky" and "overnight rich", promising to repay the debt and interest or give other rewards. In order to deceive more people to participate in fundraising, illegal fundraisers often honor the promised principal, interest or returns on time and in full at the initial stage of fundraising, and after the fundraising reaches a certain scale, they secretly transfer funds or abscond with the funds, causing the fundraising participants to suffer economic losses.
2. Making up fake projects
Most of the criminals have registered companies or enterprises that appear to be operating legally, and under the guise of responding to national industrial policies and carrying out entrepreneurship and innovation, they fabricate various false projects, and some often organize free tours and inspections to deceive the public's trust.
3. False propaganda to create momentum
Criminals often spend a lot of money on publicity, hiring celebrity endorsements, celebrity platforms, publishing advertisements in major radio and television, the Internet and other media, publishing exclusive interviews in famous newspapers and periodicals, hiring people to widely distribute leaflets, making social donations, etc., to create a false momentum.
4. Trick by using family affection
In order to accomplish or increase their own performance, some participants in illegal fund-raising have even resorted to methods similar to pyramid schemes, and have not hesitated to take advantage of family ties and geographical ties to fabricate lies that they have obtained high returns, and to attract relatives, friends, classmates, or neighbors to join, so that the number of participants has spread rapidly and the scale of fund-raising has continued to expand.
Four
What are the harms of illegal fundraising activities to society?
Illegal fund-raising activities are very harmful to society. First, illegal fundraising causes participants to suffer economic losses. After the illegal fundraising criminals gather funds through fraudulent means, they squande, waste, transfer or illegally occupy them at will, and it is difficult for the participants to recover the funds, and in serious cases, they even go bankrupt and lose all their money. Second, illegal fundraising seriously disrupts the normal economic and financial order and can easily lead to social risks. Third, illegal fundraising can easily lead to social instability and seriously affect social harmony. Illegal fundraising often raises a large scale of funds, a large number of personnel, a low proportion of funds to be redeemed, and is difficult to dispose of, which can easily lead to a large number of social security problems and seriously affect social stability.
Five
Risks arising from participation in illegal fundraising
What are the relevant provisions on the assumption of losses?
According to the laws and regulations of the Mainland, the losses incurred by the participants due to their participation in illegal fundraising activities shall be borne by the participants themselves, and the debts and risks arising therefrom shall not be passed on to state-owned banks and other financial institutions or any other entities that have not participated in illegal fundraising activities. After the creditor's rights and debts have been cleared up, if there is any remaining illegal property, it shall be confiscated and handed over to the central treasury on the spot. If the fundraiser is still unable to return the fundraising funds after enforcement by the people's court, the participants shall bear the losses themselves. In the process of cracking down on illegal fund-raising activities, local governments are only responsible for organizing and coordinating the work. This means that once the public participates in illegal fundraising, the interests of the participants are not protected by law.
Six
Risk prevention of illegal fundraising
"Look around, think twice, wait for the night"
See Moves
Look at the four. To look at the legitimacy of financing, in addition to whether the business license of the enterprise has been obtained, it is also necessary to see whether the financial business license of the national financial management department has been obtained. Second, look at the content of the propaganda to see whether the propaganda contains or implies "guaranteed, risk-free, high returns, and stable profits and no losses". Third, look at the business model, whether there is a physical project, the authenticity of the project, the direction of the funds, the way to obtain profits, etc. Fourth, look at whether the main body participating in fundraising is mainly for specific groups such as the elderly.
Think. Think about whether you really understand the company, the product, and the market. Think twice about whether high profits are in line with market rules. Think twice about whether your own economic strength can withstand the consequences of a full loss of principal.
Wait overnight. When encountering relevant investment fundraising publicity, you must prevent hot-headedness, seek the opinions of your family members first, and then decide overnight. Don't blindly believe in publicity, acquaintance introductions, expert recommendations, and don't be tempted by usury to invest blindly.
Seven
"Three Essentials" to Avoid the Trap of Illegal Fundraising
"Three Don'ts"
Be rational and don't leave anything to chance. There will be no pie in the sky, and what will fall is either a "trap" or a "trap". We must stick to the bottom line of rationality, think about whether we understand it, compare the risk, see if the level of income is realistic, ask your family and friends what they think, and don't be blinded by the gambling mentality and luck psychology!
Be steady, don't take risks. High yield means high risk, and it can also be an investment scam, and you will lose all your money if you invest once! It is necessary to reasonably assess your own tolerance, prudently determine your willingness to take risks, and do not take risks!
Be vigilant, don't be blind. "Rich returns, attractive conditions, rare opportunities, and limited places" are all likely to be fools, so we must be vigilant, vigilant, and vigilant! Pay more attention, never listen to the wind or rain, blindly "follow the crowd" investment!
"There will be no pie in the sky, illegal fundraising is a trap." It is hoped that the general public can understand the manifestations and harms of illegal fundraising, continuously improve their awareness of prevention and identification of illegal fundraising, establish a correct concept of financial management, and be vigilant against the traps of illegal fundraising. Keep the money bag and protect the happy home!
Source | People's Daily Online